国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Macro

Construction firms plan major global infrastructure projects

By Jing Shuiyu in Macao | China Daily | Updated: 2017-06-06 07:12

Major Chinese construction companies are looking to expand into upscale international infrastructure projects.

Xin Xiuming, vice-chairman of the China International Contractors Association, or CICA, expected leading players in the sector to not only finance and build major developments but run them as well.

This trend was highlighted by Wang Yu, deputy chief economist of the China Three Gorges Corp in Beijing, when he talked about the group's plans to develop hydropower plants in Guinea in West Africa.

"Because of our technologies and management skills, Guinea has entrusted us to operate and manage the Kaleta Hydropower Station," said Wang.

"We also provided equity for the Souapiti Station through a public-private partnership, which eased the financial pressure on the Guinean government."

China Three Gorges Corp will explore further joint projects to develop the Konkoure River, which starts in Guinea and flows into the Atlantic Ocean.

Wang revealed the company's long-term strategy in Africa at last week's International Infrastructure and Construction Forum, which was co-hosted by the CICA and the Macao Trade and Investment Promotion Institute.

The two-day event attracted more than 1,700 officials, financial institution executives and business leaders from 63 economies to discuss sustainable infrastructure.

During the past few years, major global companies have been offering a "one stop solution" for international engineering projects.

This involved incorporating technology, planning, investment, construction and then operation into their business models.

Wang Xu, deputy general manager of China Export and Credit Insurance Corp, expected the trend to continue.

"Chinese enterprises have gradually matured when involved in international projects," said Wang Xu. "In future, they will continue to move up the high-end industrial value chain as they become more familiar with global markets."

Data from CICA showed contracts for overseas engineering and construction projects hit $244 billion last year, up 16.2 percent from 2015.

And according to the Asia Development Bank, infrastructure projects for the Belt and Road Initiative will top $8 trillion by 2020.

"But there is still a significant gap between the money required and the money available to fund these infrastructure projects," said Dennis Wong, a partner of Clyde & Co, an international legal firm.

As a result, a growing number of governments are considering PPP, a partnership between public and private financing.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
澎湖县| 盐池县| 海南省| 井陉县| 巍山| 雷州市| 漯河市| 潞城市| 盐津县| 梁山县| 卓资县| 浠水县| 西吉县| 高淳县| 梅州市| 北辰区| 扬州市| 汕尾市| 玛纳斯县| 禹州市| 曲麻莱县| 兰西县| 炎陵县| 阿克苏市| 岳阳市| 聂荣县| 宝坻区| 林口县| 建瓯市| 会东县| 泾阳县| 科技| 迁安市| 乌拉特中旗| 钟山县| 那曲县| 丹凤县| 甘孜| 蛟河市| 稷山县| 凉城县|