Sichuan Enterprises Seize The Opportunity And Grasp The Policy To Dig Down The "Rich Ore" In South Asia.
July 21st, another foreign trade "rich ore" to dig deep
South Asia
It is the main battleground of our province's foreign contracted projects. In the past, it was mainly concentrated in India and Pakistan.
Under the organization of the Provincial Department of Commerce, more than 10 Sichuan enterprises collectively went to Bangladesh, Brunei and Sri Lanka in July 19th, hoping to promote a number of external contracting and foreign investment projects such as power plants, distance education and housing construction.
Digging South Asia's "rich ore"
New hope
The group's factory in Bangladesh has employed more than 100 labor force locally, and has formed an annual production capacity of 120 thousand tons of chicken feed and fish feed. At present, second feed plants are being prepared.
The Provincial Department of Commerce revealed that the South Asian trip will promote a number of projects in the three countries according to different market demands.
From the point of view of project investment, it involves not only traditional
power station
Transmission and pformation, real estate projects, including software construction and other new projects.
Among them, in Bangladesh, we need to contribute to the thermal power station project of US $240 million, the hydropower project with a total investment of US $100 million, and a number of highway and bridge projects.
In Brunei, a large housing project should be promoted, and a distance education project should be promoted in Sri Lanka.
Once the project is signed, it will drive Sichuan enterprises to invest in South Asia, labor services and import and export trade.
The provincial commerce department provides data showing that, driven by large enterprises such as provincial machinery and equipment import and Export Corporation, Dongfang Electric stock company, Sichuan electric power equipment consulting company and Eastern Electric Power Equipment Corporation, Sichuan enterprises are building 26 projects in South Asia, with contracts amounting to $5 billion 680 million.
Sichuan enterprises have accumulated rich experience in overseas project contracting in South Asia.
At the same time, 7 Sichuan enterprises set up investment projects in South Asia, and the total investment of US $54 million 200 thousand accounted for only 8.5% of the total.
The Ministry of Commerce said that our province is closely related to South Asian countries, with cultural interconnections and economic complementarity. South Asia's "rich ore" needs to be further explored.
On the one hand, the rapid development of South Asia has created enormous demand.
In Bangladesh, for example, the country is focusing on bidding for power plants, bridges, railways and other projects.
The government plans to increase the nation's generating capacity to 7 million kilowatts by 2013. In the next few years, it will need more than 300 kilowatts of installed capacity, including 4 large scale coal-fired power plants with 50-130 kilowatts.
The two sides will create rare opportunities for domestic coal-fired generating units to undertake overseas projects.
On the other hand, in March this year, China and Bangladesh signed a series of agreements on economic and trade cooperation.
Taking advantage of the national south open policy can help Sichuan enterprises successfully expand the South Asian market outside India and Pakistan.
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