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
 
内黄县| 晋州市| 鸡东县| 黑龙江省| 绥中县| 曲沃县| 蒙自县| 南澳县| 上犹县| 突泉县| 错那县| 泌阳县| 应用必备| 昭通市| 仙居县| 旬邑县| 资溪县| 孟连| 云梦县| 崇礼县| 手机| 广丰县| 福贡县| 广东省| 育儿| 丰城市| 临潭县| 讷河市| 馆陶县| 确山县| 如东县| 高要市| 青海省| 麻城市| 宁蒗| 济宁市| 双柏县| 托克托县| 远安县| 日喀则市| 建昌县|