Eurobench.com

voda 22 januari 2019 20:43

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Sinopec offers new Iranian oilfield deal amid US sanctions – Report

Sputnik reported that the offer is part of an existing contract between state-run Chinese energy giant Sinopec and the National Iranian Oil Company to operate the lucrative Yadavaran oilfield in the Islamic Republic's southwestern area. The China Petroleum & Chemical Corp (Sinopec) has urged Tehran to agree to a USD 3 billion deal on the Yadavaran oilfield, an Iranian oilfield the two countries are already developing

Wall Street Journal cited a source as saying that Sinopec notified the National Iranian Oil Company (NIOC) of its intention to acquire a share of the Yadavaran oilfield, in line with a US waiver allocated to China.

The source added that Sinopec offered the new deal in late December 2018, when Washington allowed Beijing to keep buying as much as 360,000 barrels of Iranian oil per day thanks to the waiver. The first investment in Yadavaran, worth about $2 billion, was made by Sinopec in 2016. If implemented, the new deal may double production at Yadavaran to more than 200,000 barrels a day within just six months.

Yadavaran remains one of the world's biggest undeveloped oilfields, with reserves standing at about 31 billion barrels of light and heavy crude oil.

Source : Sputnik

voda 23 januari 2019 19:18

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Hong Kong’s port has fallen behind rivals – Report

CNBC reportdthat Hong Kong’s once world-beating port needs to raise its game or risk falling further behind competitors in Shanghai, Singapore and elsewhere. The city’s massive container facility has seen rivals, especially in mainland China, expand and improve at a faster pace, air and rail options for shipping goods increase and, more recently, uncertainty resulting from the ongoing Washington-Beijing trade war. Since 2004, Hong Kong has gone from being the biggest port in the world in shipping containers processed to a ranking, according to Lloyd’s List, of fifth in 2017. Industry expectations are for further declines. According to Lloyd’s List, Shanghai handled just over 40 million containers in 2017, which was nearly double Hong Kong’s total of less than 21 million.

Peter Levesque, group managing director at Modern Terminals, a container terminal operator, told CNBC’s Emily Tan that Chinese and other ports in the region have become more competitive and that has put pressure on Hong Kong. He said “So we need to do something to stop that trend, to stop the downward trend, and to maintain Hong Kong’s competitiveness in the region.”

Modern Terminals and three other companies on Jan. 8 announced an alliance in hopes of gaining an edge by improving efficiency, and ultimately helping increase Hong Kong’s competitiveness. The aim of the Hong Kong Seaport Alliance is to entice global shippers to bring volume out of those other ports and bring it back to Hong Kong.

Source : CNBC

voda 23 januari 2019 19:19

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Qingdao Port lists on Shanghai Stock Exchange

Qingdao Port International Co Ltd, operator of the world’s seventh busiest port by shipping volume, was officially listed on the Shanghai Stock Exchange. The company’s stock price surged by 44.03 percent to reach 6.64 yuan ($0.98) per share shortly after the stock market opened and remained at the upper limit for IPO share price growth for the rest of the trading time. Li Fengli, chairman of the board of the Qingdao Port Group, said “The listing will give a new impetus to the company’s development as it is both on A-share and H-share markets.”

The company has been listed on the Hong Kong Stock Exchange since June 6, 2014.

With a history of more than 100 years, Qingdao port is currently connected with over 700 ports in 180 countries and regions.

The port recorded an operation revenue of 8.6 billion yuan from January to September in 2018, a 13.54 percent increase from the same period in 2017.

Source : Strategic Research Institute

voda 23 januari 2019 19:19

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China Navigation to acquire the bulk shipping activities of Hamburg Süd

Hamburg Süd and The China Navigation Company (CNCo), a subsidiary of the Swire Group, announced an agreement for CNCo to acquire the bulk shipping business in Hamburg Süd which includes Rudolf A. Oetker (RAO), Furness Withy Chartering and the bulk activities in Alianca Navegacão (Aliabulk). The bulk shipping business in Hamburg Süd operates from Hamburg, London, Melbourne and Rio de Janeiro with a chartered fleet of approximately 45 vessels in the segments: Handysize, Supra/Ultramax and Kamsarmax/Panamax. Whereas liner shipping activities in Hamburg Süd involves transporting cargo in containers, bulk shipping involves flexibly transporting dry goods – such as agricultural raw materials, ore and steel – in bulk carriers from port to port worldwide, depending on the customer’s requirements.

Headquartered in Singapore, CNCo is the wholly owned deep-sea ship owning and operating division of the multinational Swire Group. Today, the company employs around 2,500 employees globally and owns and operates about 135 vessels consisting mainly of dry bulk carriers and multipurpose liner vessels. Swire Bulk, its dry bulk trading business, was established in 2012 and trades a modern fuel-efficient fleet of over 100 Handysize and Supra/Ultramax vessels comprising owned, long term and short term-chartered tonnage. Swire Bulk is focused on being a leading provider of sustainable and innovative shipping services and partner of choice for its long-term charterers and industrial customers.

Closing of the agreement is expected by the end of the first quarter of 2019, subject to regulatory approval. The parties have agreed not to disclose the sales price. The RAO Tankers business unit is not included in the sale and will remain part of the Hamburg Süd Group for the time being.
Source: China Navigation.

Source : Strategic Research Institute

voda 23 januari 2019 19:20

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China exceeds 2018 annual housing renovation target

Xinhua reported that China exceeded the housing renovation target for rundown urban areas last year. National Development and Reform Commission said that construction began on 6.27 million homes in dilapidated areas in 2018, accounting for 107.4% of the annual target. NDRC spokesperson Meng Wei at a press conference said that China will launch a new three-year renovation plan to address housing in rundown urban areas, with construction on 5.8 million units to start by the end of 2018.

This is part of the government's efforts to improve the living conditions of people with housing difficulties.

The country started renovation of 6.09 million homes in shanty towns in 2017, exceeding its target of six million.

Source : Xinhua

voda 23 januari 2019 19:21

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China lends Egypt USD 1.2 billion for railway to new capital

GlobalCOnstruction reported that China has signed a deal to lend Egypt USD 1.2 billion for the construction of a 68km electric railway running from the outskirts of Cairo to the planned New Administrative Capital in the desert to the east of the capital. The new railway will link the 10th of Ramadan City outside Cairo to the new capital, taking in El Salam and other new cities. The loan from China Exim Bank, signed on 16 January, comprises USD 739 million at an interest rate of 1.8% for infrastructure, and USD 461 million with a 2% interest rate for the trains

The loan is to be repaid over 15 years, with a five-year grace period. An initial agreement for the loan was signed in September 2018 during the visit of President Abdel Fatah El-Sisi to China.

Officials said there would be 11 stations, and that the speed of the trains would reach 120km/h.

Source : Global Construction

voda 23 januari 2019 19:23

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Chinese companies warn Pakistan against delay in CPEC project

TOI reported that Chinese companies upset over the delay in the approval of the master plan for the smart port city along the southwestern coastal town of Gwadar, have warned Islamabad that it will have to pay the extra cost caused due to such impediments. According to media reports, the “Gwadar Smart Port City Master Plan” was prepared by two Chinese companies, China Communication Construction Company Limited and Fourth Harbor Engineering Investigation, at a cost of PKR 521 million, including a Chinese grant of PKR 425 million and PKR 91 million provided by the government of Pakistan.

The companies had started work on the master plan in August 2017 and completed it in December 2018. Following the completion, the governing body of the Gwadar Development Authority had approved the plan and then forwarded it to the federal government for approval. The government, however, has not yet taken any step for the approval of the plan and it is still pending with the steering committee of the Planning and Development department for further decision.

An official privy to the developments told local media that “Chinese companies have expressed their reservation and displeasure over the delay in approving the plan by steering committee of the planning and development department. They have warned that in case of increase in the cost of the plan, the government of Pakistan will be bound to pay the extra cost.”

Source : TOI

voda 23 januari 2019 19:29

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China housing sales slow slightly in 2018

Housing sales growth in China slowed slightly last year, and many economists project the downturn to deepen this year. For the full year of 2018, housing sales by value rose 14.7% from a year earlier, according to data released by the National Bureau of Statistics. That compared with a 14.8% gain in the first 11 months of 2018. In December alone, housing sales rose 13.6% from a year earlier, compared with a 13.3% gain in November.

Economists said that China's property market growth momentum may slow this year as household savings decline and household leverage is much higher in smaller cities. A government cash subsidy program that had propped up prices in those smaller cities is also set to downsize, withdrawing support from the real estate market.

Additionally, while individual cities have some discretion to loosen property-buying control policies, economists don't expect country-wide easing or credit stimulus to boost slackening growth as in previous property downturns because of concerns around another rapid debt build-up and out-of-control home prices.

Property investment, including commercial and residential real estate, rose 9.5% in 2018 to 12 trillion yuan, compared with a 9.7% increase for the first 11 months of the year.

Construction starts rose 17.2% from a year earlier in 2018, compared with 16.8% expansion in the year through November.

Source : Strategic Research Institute

voda 23 januari 2019 19:30

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China railways plans biggest ever investment in new rail for 2019

Global Construction Review reported that China is planning to invest a record $125bn in rail this year as the government looks to cushion the impact of slower economic growth. This would be 6% more than was spent last year, and 10% more than was originally planned, according to a report in the Nikkei Asian Review. The Nikkei notes that the Chinese government expanded rail spending after the 2008 financial crash, but that investment declined after the 2011 bullet train collision and derailment in Zhejiang Province which left 40 people dead. Investment has been around USD 120 billion since 2014.

The increase in spending comes as official figures, released, show that the Chinese economy grew by 6.4% in the last quarter of 2018, the lowest rate since the global financial crisis of 2008. This has triggered demand stimulus measures from the government, including an acceleration in construction projects, as well as cutting taxes and boosting the money supply by tweaking banking rules.

It also comes after figures showed a rapid slowdown in investment in the country’s fixed assets. The South China Morning Post reported earlier this month that this had slowed to a decade low of 5.9% in the first 11 months of 2018.

China Railway’s annual plan envisages a 45% rise in new projects, resulting in the addition of 6,800km to the total network. High-speed rail will be expanded by 3,200km, which is more than is currently being operated in by (in order of size) Spain, Japan, Germany or France.

The use of rail to bolster domestic demand means that Beijing is now well ahead of its schedule to build 30,000km of high-speed railway lines by 2020.

Among the new lines under consideration is a conventional link through the mountainous terrain between Chongqing and Yunnan,

Projects to be undertaken after 2019 include a second railway from Sichuan to Tibet, a 1,700km line that poses huge engineering challenges, and may cost as much as USD 36 billion.

Other planned projects include lines between Hunan and Jiangxi, Chongqing and Sichuan Province and the Xiong’an New Area and Henan.

The Nikkei notes that this expansion is not without economic dangers: China Railway’s total debt burden exceeds USD 735 billion. In August last year, the Financial Times quoted Professor Zhao Jian of Beijing Jiaotong University, who said China Railway’s overall debts will grow to about USD 1.2 trillion by 2020.

Source : Global Construction Review

Bijlage:

voda 23 januari 2019 19:52

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China raw coal output in 2018 up by 5.2pct

Xinhua reported that China's raw coal output registered stable growth in 2018 amid government efforts to cut outdated capacity and encourage high-quality capacity. China’s National Bureau of Statistics said in a statement that China produced 3.55 billion tonnes of raw coal last year, up 5.2 percent year on year.

The growth pace was 2 percentage points faster than that in 2017. In December, China's raw coal output totalled 320 million tonnes, up 2.1 percent year on year.

Source : Xinhua

voda 23 januari 2019 19:55

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China firms funding coal plants offshore as domestic curbs bite

Reuters reported that China has become a key backer for coal-fired power globally, funding more than a quarter of all new plants being developed outside its borders even as it clamps down on the polluting fuel at home. Report by the Institute for Energy Economics and Financial Analysis, a US based think-tank, said that the top destinations are Bangladesh, Vietnam, South Africa and Pakistan, and about a quarter of the proposed capacity would use technology no longer allowed in China.

Melissa Brown, IEEFA's energy finance consultant and an author of the report said that "China is taking very forceful steps to slow down the increase in coal-fired power facilities in China, but is looking to take that capacity and sell it overseas.”

China, the world's biggest energy consumer, has been investing heavily in alternative fuels in order to cut its dependence on coal, a major source of smog as well as climate-warming carbon emissions.

It has closed down ageing mines and power plants, with the aim of cutting the fuel's share of total energy consumption from 69 percent in 2011 to 58 percent by next year.

But even as it slashes coal use within its borders, its financial institutions have committed or offered funding of USD 35.9 billion for 102 gigawatts (GW) of coal-fired power now being developed outside the country, the report said.

While overseas financial institutions like the World Bank aim to restrict new coal investments, Chinese state-owned enterprises and policy banks are becoming "lenders of last resort" for coal-fired power, it said.

State firms facing caps on coal production and targets to reduce consumption in smog-prone regions have responded by heading overseas. The Xuzhou Mining Group is now running projects in Pakistan and Bangladesh after closing collieries in eastern China's Jiangsu province.

Source : Reuters

voda 23 januari 2019 20:20

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Chinese firm inks energy deal with Devki in Kenya

Mobile Nation reported that family-owned construction materials manufacturer Devki Group has inked a Sh25.5 billion deal with Chinese firm Sinoma Energy to power its Mombasa-based raw steel processor and the new Athi River cement clinker plant. Sinoma said in regulatory filings last week the kiln waste-heat project at Devki’s new cement plant in Athi River and the another to power Devki’s new Sh45.5 billion steel plant in Kilifi will be built over a period of 20 months to produce 53.5 megawatts.

Devki earlier said it plans to inject billions in the region’s first raw steel production plant seeking to exploit locally sourced iron ore. Its National Cement Company has also invested in a Sh28 billion clinker and 15MW power plant located between Merrueshi and Mbirikani in Kajiado County.

Sinoma in the regulatory statement said that “Sinoma Energy Saving Company Ltd and Kenya’s Devki have signed a cement kiln waste-heat power generation project general contract and a Spong iron self-supplied power plant project general contract. The total installed capacity of the two projects is 53.5MW, and the total contract amount of the project is RMB 170 million (about Sh25.5 billion).”

it added that “The project (over a period of 20 months) is to provide residual heat for these two production lines.”

Devki chairman Mr Narendra Raval had last July said all design drawings as well as environmental impact assessment audits for the Kilifi-based steel plant with an annual capacity of 300,000 metric tonnes had already been approved.

Source : Mobile Nation

voda 23 januari 2019 21:04

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Chinezen kopen oud-Philipsbedrijf Anteryon

Anteryon, een Nederlandse producent van lenzen, lasers een andere optische systemen, komt in handen van Jingfang Optotelectronics (WLOPT). De Chinese koper betaalt voor de technologie van het voormalige Philipsbedrijf tussen de €40 mln en €50 mln.

Jingfang Optotelectronics uit Suzhou maakte woensdag bekend samen met minderheidsaandeelhouder Beauchamp Beheer de Eindhovense fabrikant met een kleine tweehonderd medewerkers over te nemen.

Grootschalige productie in China
Door de overname kan Anteryon enorm gaan groeien, vertelt ceo Gert-Jan Bloks. De nieuwe eigenaar kan in China grootschalige productie opstarten van nieuwe consumentenproducten, wat een extra omzet van honderden miljoenen kan opleveren.

Het gaat bijvoorbeeld om onderdelen voor vingerafdrukscanners of gezichtsherkenning in mobiele telefoons en tablets, en om optische toepassingen in koplampen van auto's, die steeds kleiner worden.

Sleuteltechnologie
Die omzet zou komen bovenop de bestaande verkopen in de zakelijke markt. Anteryon, dat in 2006 werd afgesplitst van technologieconcern Philips, maakt ook lenzen voor landmeters, scanners voor oogchirurgie en meetapparatuur voor de versheid van groente en fruit.

De overname geeft Jingfang Optotelectronics toegang tot sleuteltechnologie voor optische miniatuurtoepassingen in bijvoorbeeld smartphones, beveiliging en auto's, zegt WLOPT-topman Wang Wei in een persverklaring. Door de krachtenbundeling denkt hij toepassingen te kunnen ontwikkelen op het gebied van onder meer het internet der dingen, kunstmatige intelligentie en 3D-scans.
Anteryon heeft een methode ontwikkeld om bij kamertemperatuur en zonder druk lenzen te maken die bestaan uit glas en plastic. Dat maakt volgens Bloks lenzen mogelijk die kleiner zijn en extremere vormen kunnen hebben dan lenzen van andere fabrikanten.

Beursgang
De spin-off van Philips had in 2010 nog plannen voor een beursgang, maar dat is er nooit van gekomen. De markt verslechterde, zegt Bloks, maar sindsdien is het bedrijf weer behoorlijk gaan groeien. Hij sluit niet uit dat de nieuwe eigenaar in de toekomst alsnog kiest voor een beursgang van Anteryon.

fd.nl/ondernemen/1286779/chinezen-kop...

DeZwarteRidder 23 januari 2019 21:29

0

quote:
voda schreef op 23 januari 2019 21:04:
Chinezen kopen oud-Philipsbedrijf Anteryon

Anteryon, een Nederlandse producent van lenzen, lasers een andere optische systemen, komt in handen van Jingfang Optotelectronics (WLOPT). De Chinese koper betaalt voor de technologie van het voormalige Philipsbedrijf tussen de €40 mln en €50 mln.

Jingfang Optotelectronics uit Suzhou maakte woensdag bekend samen met minderheidsaandeelhouder Beauchamp Beheer de Eindhovense fabrikant met een kleine tweehonderd medewerkers over te nemen.

Grootschalige productie in China
Door de overname kan Anteryon enorm gaan groeien, vertelt ceo Gert-Jan Bloks. De nieuwe eigenaar kan in China grootschalige productie opstarten van nieuwe consumentenproducten, wat een extra omzet van honderden miljoenen kan opleveren.

Het gaat bijvoorbeeld om onderdelen voor vingerafdrukscanners of gezichtsherkenning in mobiele telefoons en tablets, en om optische toepassingen in koplampen van auto's, die steeds kleiner worden.

Sleuteltechnologie
Die omzet zou komen bovenop de bestaande verkopen in de zakelijke markt. Anteryon, dat in 2006 werd afgesplitst van technologieconcern Philips, maakt ook lenzen voor landmeters, scanners voor oogchirurgie en meetapparatuur voor de versheid van groente en fruit.

De overname geeft Jingfang Optotelectronics toegang tot sleuteltechnologie voor optische miniatuurtoepassingen in bijvoorbeeld smartphones, beveiliging en auto's, zegt WLOPT-topman Wang Wei in een persverklaring. Door de krachtenbundeling denkt hij toepassingen te kunnen ontwikkelen op het gebied van onder meer het internet der dingen, kunstmatige intelligentie en 3D-scans.
Anteryon heeft een methode ontwikkeld om bij kamertemperatuur en zonder druk lenzen te maken die bestaan uit glas en plastic. Dat maakt volgens Bloks lenzen mogelijk die kleiner zijn en extremere vormen kunnen hebben dan lenzen van andere fabrikanten.

Beursgang
De spin-off van Philips had in 2010 nog plannen voor een beursgang, maar dat is er nooit van gekomen. De markt verslechterde, zegt Bloks, maar sindsdien is het bedrijf weer behoorlijk gaan groeien. Hij sluit niet uit dat de nieuwe eigenaar in de toekomst alsnog kiest voor een beursgang van Anteryon.

fd.nl/ondernemen/1286779/chinezen-kop...

Dit bedrijf is duidelijk mislukt; erg jammer.
40 tot 50 miljoen is een weggeefprijs.

voda 24 januari 2019 16:41

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Update: handelsminister VS noemt deal met China mijlen ver weg - media

(ABM FN-Dow Jones) De Verenigde Staten zijn nog "mijlen en mijlen" verwijderd van een handelsdeal met China. Dat heeft de Amerikaanse minister van handel Wilbur Ross donderdag gezegd in een interview op CNBC.

"Dat zou eerlijk gezegd geen al te grote verrassing moeten zijn", zei Ross. De VS en China hebben "heel veel kwesties" en de regering Trump zal moeten zorgen voor "structurele hervormingen" alvorens de handelsrelaties met Beijing te hervatten. Nog belangrijker volgens Ross is ook dat er mechanismes moeten komen waarmee straffen kunnen worden opgelegd als China zich niet aan de afspraken houdt.

"We zitten nog mijlen en mijlen van een oplossing vandaan", voegde de minister daaraan toe. "We willen graag een deal maken, maar het moet een deal zijn die goed is voor beide kampen."

Knelpunten die Ross noemde zijn het "onverdraaglijk grote handelstekort" dat de VS heeft met China. In 2018 was dat handelstekort 323 miljard dollar.

"Het andere probleem is de toekomst. Dat is het plan dat ze hebben voor 2025 om te proberen om de hightech-industriëen wereldwijd te domineren. Dat moeten we beschermen", zei Ross. "Het derde terrein is dat Amerikaanse bedrijven die in China zaken doen toegang moeten hebben tot de markt, een gelijk speelveld, en dat hun intellectuele eigendomsrechten worden gerespecteerd."

China en de VS proberen momenteel hun handelsdisputen op te lossen, terwijl een "staakt-het-vuren" voor importheffingen is ingesteld dat op 2 maart afloopt. De Amerikaanse president Donald Trump en de Chinese president Xi Jinping kwamen vorige maand overeen dat er geen nieuwe heffingen komen om diplomatie een kans te geven. Een grote Chinese onderhandelingsdelegatie komt op de 29ste en 30 januari naar Washington.

Trump heeft gezegd dat hij straffe invoerheffingen wil instellen op ongeveer de helft van alle Chinese export naar de VS, als er geen definitieve oplossing komt.

Op de vraag of de Verenigde Staten bereid zijn hun deadline in maart op te schuiven om een definitief handelsakkoord mogelijk te maken, zei Ross: "Er is nog aardig wat tijd tot begin maart, als de heffingen omhoog gaan van 10 tot 25 procent", zei hij. "Het is moeilijk om te voorspellen waar we op dat moment zullen zitten."

Door: ABM Financial News.
info@abmfn.nl
Redactie: +31(0)20 26 28 999

© Copyright ABM Financial News B.V. All rights reserved.

voda 24 januari 2019 20:25

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China Dec refined copper output at 2018 high

Reuters reported that China's December refined copper output rose by 4.5 percent year-on-year to 839,000 tonnes, its highest monthly total in 2018. China’s National Bureau of Statistics said that the bureau typically does not provide individual numbers for January and February due to the impact of Chinese New Year

It said that China 2018 refined copper up 8 percent YoY at 9.03 million tonnes.

China Dec lead output soars 30.5 percent YoY to 561,000 tonnes.

China 2018 lead output up 9.8 percent YoY at 5.11 million tonnes.

China Dec zinc output down 1.7 percent YoY at 509,000 tonnes.

China 2018 zinc output down 3.2 percent YoY at 5.68 million tonnes.

China Dec iron ore output up 3.3 percent YoY at 68.42 million tonnes
China 2018 iron ore output down 3.1 percent at 763.37 million tonnes

China Dec alumina output up 19.6 percent YoY at 6.21 million tonnes

China 2018 alumina output up 9.9 percent YoY at 72.53 million tonnes.

Zie pdf, voor meer cijfers

Source : Reuters

Bijlage:

voda 24 januari 2019 20:56

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China may be winning Asia’s infrastructure investment contest

CNBC reported that before China began courting Southeast Asia with infrastructure investments through its Belt and Road Initiative, Japan was the region’s top development financier. As the two powerhouses now compete for economic and commercial influence, some are saying that Beijing may be winning the battle but losing the war. That is, Tokyo may be unable to match the sheer volume of Beijing’s investments, but it ranks ahead in terms of reputation and local impact, according to experts.

Japanese ventures within emerging Asia, which first began in the late 1970s through multinational companies before the government spearheaded its infrastructure connectivity blueprint in the 1990s, are seen as the poster child for what the G-7 and OECD call “quality infrastructure.” Such projects boast high safety, environmental, reliability and inclusion standards in addition to improving overall logistics in a developing area.

For example, the Japan Bank for International Cooperation claims that its loans to Vietnam for a national highway and port upgrades boosted rural household incomes, reduced poverty levels and boosted efficiency.

While several campaigns under Chinese President Xi Jinping’s Belt and Road are also considered “quality infrastructure,” they are often overshadowed by broader concerns about the venture which has long been viewed as a platform to project Chinese power across the globe.

Mr Jonathan Hillman, senior fellow and director of the Reconnecting Asia Project at the Center for Strategic and International Studies, said in a 2018 report that “The BRI’s aspirational investment levels tell us little, if anything, about the actual impact of new infrastructure projects. Will that spending help people who need it most? Will it go into viable projects or white elephants? Will it help or hurt climate change? Will it create or destroy value?”

Railroads, communication networks, and agricultural developments built by Japanese corporates and government-linked institutions are especially valued for the technical training and education they provide to local stakeholders, experts said. That goes a long way in cultivating goodwill between Tokyo and host countries.

Japanese Prime Minister Shinzo Abe’s administration said in November that it will help Southeast Asian countries groom 80,000 manufacturing and digital industry specialists over five years as part of its push to build smart cities across the region. In contrast, Belt and Road participants often complain of a lack of local engagement many Chinese-led construction endeavors are accused of importing the bulk of materials and labor from China rather than involving local companies.

Source : CNBC

voda 24 januari 2019 20:57

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Chinese cement producer to build plant in Sri Lanka - Report

Global Cement reported that an unnamed Chinese cement producer plans to build a new cement plant at the Hambantota Export Processing Zone. Deputy Minister of Development Strategies and International Trade Nalin Bandara said that this is the first time a Chinese cement company has entered the local market directly.

Land allocation environment assessments for the project have been completed. The Chinese company will source 40% of raw material locally and this figure is intended to increase gradually. Production at the site is scheduled to start in May 2020.

Source : Global Cement

Bijlage:

voda 25 januari 2019 14:47

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'Varo Energy mogelijk overnamedoelwit'

Gepubliceerd op 25 jan 2019 om 13:57 | Views: 559

LONDEN (AFN) - Brandstofleverancier Varo Energy is mogelijk doelwit voor een overname door de zakenfamilie Cheng uit Hongkong. Volgens bronnen tegen persbureau Bloomberg is de familie Cheng een bod aan het bekijken voor Varo, dat in april vorig jaar nog een beursgang in Amsterdam afblies vanwege ongunstige marktomstandigheden.

Het eventuele bod zou ongeveer 2 miljard euro bedragen. Er wordt volgens de ingewijden door familieleden van miljardair Henry Cheng gesproken met de eigenaren van Varo, investeerder Carlyle, oliehandelaar Vitol en het Nederlandse Reggeborgh, de investeringsmaatschappij van de familie Wessels. Er is nog geen definitieve deal gesloten en er is ook geen zekerheid dat de overname doorgaat, zeggen de bronnen.

Varo verzorgt raffinage, opslag en distributie van olieproducten in Duitsland en Zwitserland. In 2015 ging Varo samen met het Nederlandse Argos, dat actief is in de opslag, distributie en verkoop van brandstoffen in de Benelux, Frankrijk, Duitsland en Zwitserland. Argos is bij consumenten vooral bekend van de tankstations.

voda 25 januari 2019 19:28

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'Frietmarkt China nog lang niet verzadigd'

Met een miljardenbevolking, groeiende welvaart en een steeds minder traditioneel eetpatroon is China een belangrijke groeimarkt voor Nederlandse friet. Frietproducent Lamb Weston/Meijer ziet met name in dat land nog veel ruimte voor expansie, zegt ceo Bas Alblas in BNR Zakendoen.

Aardappeloogst in NederlandFlip Franssen / HH

De groei van de frietexport naar China ligt aanzienlijk boven het wereldwijde gemiddelde van 4%. Toch is de frietconsumptie er nog relatief beperkt, zegt Alblas, en dat biedt perspectieven. Als toeleverancier van grote fastfoodketens als McDonald's en Burger King bekijkt Alblas per afzetmarkt of een productiefaciliteit ter plekke rendabel is. 'Er is een range aan aardappelrassen die wij kunnen gebruiken. Het hangt er een beetje vanaf hoe goed ze groeien in een bepaald land, maar over het algemeen zijn het dezelfde frietjes, die daar ter plekke gemaakt worden.'

fd.nl/economie-politiek/1286628/friet...

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Vopak	+2,61%
NX FILTRATION	+2,17%

JUST EAT TAKE...	-5,11%
TomTom	-4,68%
Fugro	-4,30%
ASMI	-4,00%
BESI	-3,64%

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