SINOMACH VOICE
1
SINOMACH VOICE
Your Reliable Partner
in China
03
A Year of Deepening Reform
In 2014, SINOMACH will encounter
environment. As emphasized by Chairman
a more complicated and fickle macro-
Ren Hongbin, deepening reform of
economic climate. A downturn in
SINOMACH is not only in response to
the global economy and more fierce
the central government’s call but also
competition in the international market
an objective and realistic need for the
might lead to a downward economic
development of SINOMACH, and each
spiral in China's economy, and problems
subsidiary must undertake deepening
such as unbalanced, uncoordinated, and
reform based on "vigorous, accountable,
unsustainable economic development
pragmatic, and thrifty" principles to
will become more acute. For SINOMACH,
open up new prospects for reform and
after years of rapid development, the
development at SINOMACH.
development will slow down and enter
After 16 years of development,
Faced with a complicated economic
an adjustment phase to focus on quality,
SINOMACH has entered a new phase of
environment in 2013, SINOMACH paid
benefits, and core competitiveness.
being strong and excellent. In this phase,
c l o s e at te nt i o n to m a c ro - e co n o my
Meanwhile, the combination and
only timely deepening reform can help
changes and took effective measures,
reorganization of SINOMACH and China
continuously enhance corporation vitality,
such as expanding the market, stabilizing
National Erzhong Group Co. bring both
release the reform dividend, and take
growth, reducing costs, and increasing
opportunities and challenges.
SINOMACH to the level of a world-class
revenue, to achieve operating revenue of
In the SINOMACH work conference
corporation. Let's strive for deepening
CNY232 billion with a year-on-year growth
held at the beginning of 2014, Chairman
re fo r m i n u n i s o n , a n d b u i l d a n e w
of 8.3%. In addition, indicators such
Ren Hongbin stated that 2014 is a year for
SINOMACH.
as the total profit and Economic Value
starting deepening reform at SINOMACH
Added (EVA) met the yearly targets. With
and announced a clear requirement for
these achievements, SINOMACH met the
deepening reform based on problem
development requirement to grow while
awareness, mechanism innovation,
ensuring stability.
overall coordination, and a good business
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CONTENTS
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CONTENTS
06
HEADLINES
14
XinHaiJun Wins Bid for Cambodia
Tatay Hydropower Station Camp
Management Project
High-Level Exchanges
IPPR Wins Bid for Jamaica
Kindergarten Design Project
24
Belarusian Prime Minister Mikhail
Myasnikovich Visits SINOMACH
SINOMACH Chairman Ren
Hongbin Meets François CornutGentille, Mayor of Saint-Dizier,
France
SINOMACH Bucks the Trend with
Operating Revenue of 232 Billion
in 2013
Published by: China National Machinery Industry Corporation
Website: www.sinomach.com.cn
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Members of Editorial Board
Editor-in-Chief: Shi Ke
Deputy Editor-in-Chief: Xie Biao
Chief Editor: Su Weike
Executive Chief Editor: Chen Xingxiang
Editors: Zhang Shaochen
Editorial Department
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Part of the picture source: CNSphoto,
Getty Images
SINOMACH Wins 2013 Global
Compact China Best Practice on
Social Responsibility Management
15
Project Progress
AE Wins VOLVO's Global Best
Supplier Award
SINOMACH Vigorously Implements
the Export Initiative Plan
CHMC Wins Award of 2013 China
Top 10 Successful Enterprises into
ASEAN
SUMEC Successfully Acquires 25%
Stake in BB in the US
CAMCE Honored With 3rd Labor
Medal and 2nd Development
Medal from Laos
Helicopter Xueying 12 of COHC, a
Subsidiary of COAG, Participates in
Rescue of Stranded Russian Ship
2013 Sees Balanced Growth of
Production and Sales in China’s
Machinery Industry
Trade & Service
SUMEC 4100DWT2# Successfully
Launched
Clean Energy Projec t Signed
B e t we e n C AC S a n d S i e m e n s
Validated
SUMEC FIRMAN Establishes
Strategic Partnership with Kohler
Engines
CACS Signs Project Contract for
Water Supply in Three Districts in
Ghana
CHMC Signs EPC Contract for
500 kV Power Transmission and
Transformation Project in Laos
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Special Report
CHMC Signs EPC Contract for Rural
Power Grid Expansion Project
(Phase-II) in Cambodia
Housing Construction Project in
Zambia Completed One Month
Ahead of Schedule
SINOCONST and CITIC Construction
Sign Contrac t for Soda Plant
Project in Uzbekistan
China-Belarus Industrial Park–A
Place to Nurture Dreams
HEADLINES
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Belarusian Prime Minister Mikhail Myasnikovich Visits
SINOMACH
HEADLINES
of cooperation agreements on related
projects.
Belarus and China have a close
political relationship and profound
friendship between peoples. Intensifying
strong potential for cooperation between
the two parties. SINOMACH is willing to
use its advantages to thoroughly research
the cooperation possibilities in various
fields such as tractors, bearings, and
machining tools, and hopes that Belarusian
enterprises will suggest cooperation on
specific projects for which the Belarusian
government will provide great support.
Prime Minister Mikhail Myasnikovich
noted that the Belarusian government
values the cooperation with SINOMACH
and will provide maximum support for
SINOMACH on the projects in Belarus. He
stated that SINOMACH and Belarus can
Belarusian Prime Minister Mikhail
and Deputy Prime M inister Anatoly
complement each other with SINOMACH’s
Myasnikovich led a delegation to visit
Tozik, and expressed his appreciation for
solid industrial strength and he hopes
SINOMACH on the morning of January 20,
the continuous support and assistance
that SINOMACH will improve the level
2014. Chairman Ren Hongbin welcomed
provided by the Belarusian government
of cooperation with Belarus and change
the Prime Minister at the Head Office.
to SINOMACH, and briefed them on
from being the general contractor of
Prime Minister Mikhail Myasnikovich
SINOMACH's basic company information
Belarusian engineering projects to being
viewed the publicity boards about the
and cooperation with Belarus. Chairman
the investor and participant of major
development of business between Belarus
Ren Hongbin stated that SINOMACH is a
projects in the machinery manufacturing
and SINOMACH while Chairman Ren
leading corporation in China’s machinery
field. Both parties reached a consensus
Hongbin briefly explained the boards.
industry, and Belarus is known as the
Then they exchanged views on issues
general assembly workshop of the former
related to the cooperation projects.
Soviet Union because of its outstanding
After their talks, Prime Minister
Chairman Ren Hongbin welcomed
scientific and technological strength and
Mikhail Myasnikovich and Chairman
the Prime Minister Mikhail Myasnikovich
profound industrial basis and there is a
Ren Hongbin witnessed the signing
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economic and trade cooperation between
the two countries is not only an important
SINOMACH Bucks the Trend with
Operating Revenue of 232 Billion in
2013
consensus of political leaders but also a
common expectation of enterprises in
both countries. In recent years, with great
support from the Belarusian and Chinese
governments and financial institutions,
SINOMACH has actively joined in the
economic construction in Belarus and
made gratifying achievements in the
cooperation with Belarus. The ChinaBelarus Industrial Park project undertaken
by C A M C E i s re g a rd e d a s t h e m o s t
important cooperative project between
China and Belarus and has attracted
attention from political leaders and
enterprises of both countries. In addition,
SINOMACH undertook projects that are
significant for economic construction
and social development in Belarus, such
as the 400,000 t/a bleached kraft pulp
mill project, combined cycle power plant
projects in Luke Muli and Berezov, and the
Faced with a complicated economic
CMEC signed a contract for a Serbian
environment in 2013, SINOMACH stuck
power plant project for US$720 million;
to improving effective growth and took
CAMCE signed a contract for an Ethiopian
measures, such as firmly developing the
sugar refinery project for US$650 million;
market, promoting transformation and
YTO received a tractor order for nearly
modernization, strengthening scientific
US$100 million from Ethiopia, which broke
innovation, enhancing capital operation,
a record for export amounts for a single
improving management, and strictly
large- or medium-wheeled tractor order in
managing operational risks, to complete
China.
op erating ta s ks, a chieve op erating
In terms of the national market, AE
revenue of CNY232 billion with a year-
undertook Volvo factory construction
on-year growth of 8.3%, and improve its
in Chengdu and Daqing for CNY980
comprehensive capability.
million; SINOCONST signed a contract for
In terms of market development, with
a project for cement clinker production
careful analysis of the market situation and
line and power generation by waste heat
timely adjustment of promotion policies,
recovery in Xinjiang for CNY710 million;
S I N O M AC H s te a d i l y d e ve l o p e d t h e
SIPPR signed a contract for a project of
established market as well as expanded
an industrial park for CNC machining tool
emerging markets, high-end markets,
parts in Hohhot for CNY410 million.
and markets in developed countries. In
I n 2 0 1 3 , S I N O M AC H co n t i n u e d
2013, SINOMACH achieved a new-contract
to improve internal communication
on strategic cooperation agreements and
amount of US$51.4 billion with a year-
and used policies such as performance
establishment of long-term cooperation.
on-year growth of 5.3% and a turnover
appraisal and market development funds
amount of US$41.1 billion with a year-on-
to lead subsidiaries to further strengthen
year growth of 8.3%.
their synergy and implement intensive
Vitebsk hydropower plant project.
In terms of the international market,
development, thereby
HEADLINES
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HEADLINES
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boosting co-development of
subsidiaries and improving SINOMACH’s
overall competitiveness in the market.
In 2013, SINOMACH cooperated with 39
enterprises, and cooperation-related newcontract amounts and turnover amounts
SINOMACH Vigorously Implements the
Export Initiative Plan
were CNY4 billion and CNY 1.66 billion,
respectively, indicating the expansion
of both the depth and breadth of
cooperation.
Since the beginning of 2013 when
intentions involving main produc ts
product exports using the overseas sales
Chairman Ren Hongbin announced an
of various enterprises were achieved,
channels and experience of engineering
export initiative plan for SINOMACH
and eight projects were discussed and
and trade enterprises and improve their
products at the SINOMACH work
executed. Almost all enterprises that
own product structures, qualities, and
conference, the Department of Operation
communicated with the head of CMEC
technologies based on the demands and
and Management has taken the lead in
had cooperative intentions.
development trends of the international
activities such as field research, planning,
Currently, SINOMACH subsidiaries
market to meet the requirements in the
and scheduling based on the plan and
involved in the export initiative plan have
international market and gradually realize
led subsidiaries to carry out internal
taken measures to expand the depth and
the international enterprise operating.
collaboration, which has had a remarkable
breadth of internal cooperation between
The objective of the export initiative
effect.
engineering and trade enterprises and
plan is to double the SINOMACH
SINOMACH product export statistics
research and manufacturing enterprises
product export amount in 2012 by 2015.
in 2012 were collected in March 2013,
to learn from each other and get what
To become the pacesetter in China’s
SINOMACH has preliminarily formed a
and a symposium on export expansion of
they need from each other. Engineering
machinery industry and a world-class
social responsibility management system
some enterprises in Beijing, Tianjin, and
and trade enterprises can expand new
corporation, SINOMACH must increase
with enterprise characteristics.
the Central Plain was held in April. Based
business domains and markets and
its international market share, operate
The United Nations (UN) Global
on the search on key subsidiaries, the
obtain a stable and reliable supply of
globally, and use global resources, which
Compact is an initiative for corporate
Work Plan on the Export Initiative Plan for
products from manufacturing enterprises.
are basic practices of large multinational
social responsibility and sustainable
SINOMACH Products and Guidelines on
Research enterprises can expand their
corporations throughout the world.
development, and has the largest scope,
Implementation of the Export Initiative
highest class, and widest influence of any
Plan for SINOMACH Products were drafted
other initiative worldwide. Founded in
to provide guidance for export initiative
July 2000, the UN Global Compact has
work for subsidiaries.
SINOMACH Winns 2013 Global Compact China Best
Practice on Social Responsibility Management
On February 25, 2013, the annual
in the Global Compact Network China
members of over 10,000 corporations
CMEC is an important enterprise that
meeting of the Global Compact Network
yearbook. Adhering to the core value
and other stakeholders from over 130
takes the lead in export initiative work.
China was held in Beijing, and SINOMACH's
"Work Together Win Together" over the
countries. In the Global 500 rankings, 188
From April to October in 2013, the head of
case, "Improving Social Responsibility
years, SINOMACH actively takes social
corporations have joined the UN Global
CMEC led a team to visit 16 manufacturing
Management and Promoting Corporate
responsibility and makes efforts to bring
Compact. China has 276 members from
enterprises and research institutes of
Sustainable Development", was rated
long-term and maximized benefits to
over 240 corporations. In January 2012,
SINOMACH and held over 30 exchange
the best practice on social responsibility
the employees, the corporation, the
SINOMACH officially joined the US Global
meetings with nearly thousands of
management in 2013 and was published
country, and society as a whole. Currently,
Compact.
attendees. In the meetings, 42 cooperative
HEADLINES
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HEADLINES
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CAMCE Honored With 3rd Labor Medal and 2nd
Development Medal from Laos
SUMEC Successfully Acquires 25% Stake
in BB in the US
New World", a project in which CAMCE
has invested and developed. The Lao
government required the ASEM Villa to
be the "State Guest House" to receive
After more than a year of negotiations,
Heads of State during the 9th ASEM
SUMEC Textile and Light Industry Co., Ltd.
Summit. During the Summit, the ASEM
acquired a 25% stake in Berkshire Blanket
Villa accommodated 46 Heads of State,
Holdings, Inc. (BB for short) in the United
government leaders, and high-level
States for US$9.9 million. The stake was
officials.
delivered on December 23, 2013. It is
As the main reception venue of
SUMEC's first overseas acquisition project,
the Summit, the Don Chan Palace Hotel
which means SUMEC made important
accommodated the King of Brunei and
achievements in SINOMACH’s strategic
eight other state delegations. The hotel
objective of international operations and
was also the venue for the State banquet
improvement of global resource allocation.
On December 20, 2013, Madam
Laos’s infrastructure was relatively
hosted by Mr. Choummaly Sayasone,
After more than ten years of close
Luo Yan, Chairwoman of China CAMC
underdeveloped. In order to host the
President of Laos, for the ASEM leaders.
cooperation between SUMEC Textile and
Engineering Co., Ltd., attended the
ASEM Summit, reception facilities such
The Wattay International Airport Upgrade
Light Industry Co., Ltd. and BB since 2001,
Individual and Group Award Ceremony
as hotels and airpor ts needed to be
Project and Vientiane Flood Drainage
BB has become one of the most important
opportunity to implement the investment
resources in the international market and
for Excellent Contribution to the 9th
improved. The Chinese government was
Channel and Pump Station Project were
mainstream customers of SUMEC Textile and
and acquisition. In this way, SUMEC Textile
demonstrates a positive effect for SUMEC’s
ASEM Summit and the 13th Asia-Europe
committed to help the Lao government
also important supporting projects for the
Light Industry Co., Ltd., and SUMEC Textile
and Light Industry Co., Ltd. has not only
future development.
Business Forum at the Ministry of Foreign
with the Summit. Since 2011, CAMCE had
Summit.
and Light Industry Co., Ltd. has also become
become the exclusive core supplier, which
The acquisition boosts the morale
Affairs of Laos. The ceremony announced
been deeply involved with the preparation
As a Chinese engineering contractor,
the most important partner and core
guarantees a prospective yield, but also has
of BB employees, and they have high
Presidential Medals awarded by Mr.
work for the 9th ASEM Summit, including
CAMCE was honored to par ticipate
supplier for BB, who was the top exporter of
extended the marketing channels and has
expectations for BB development. Because
Choummaly Sayasone, President of Laos.
construction of the ASEM Villa, the Don
so ex tensively in the ASEM Summit
blankets from China to the U.S. for years.
a self-owned brand in developed countries,
of the acquisition, banks have reduced the
Chairwoman Luo was awarded a 3rd
Chan Palace Hotel Renovation Project,
organization with the Lao government. The
Integrating global resources,
which improves SUMEC’s competitiveness
loan interest rate for BB, and BB creditors
Labor Medal as the Chairwoman of China
the Wattay International Airport Upgrade
successful implementation of the series
i m p rov i n g i n t e r n a t i o n a l o p e r a t i n g
and sustainable development capability.
have relieved BB of nearly ten million
CAMC Engineering Co., Ltd., while CAMCE
Project, and the Vientiane Flood Drainage
of ASEM projects has further enhanced
capabilities, and promoting transformation
As noted by Mr. Yang Yongqing, Vice
US dollars of debt because they also
Investment (Lao) Co., Ltd., a subsidiary of
Channel and Pump Station Project. These
the Company’s brand influence in Laos,
and modernization are important
President of SUMEC Group Corporation
anticipate better development at BB. All
China CAMC Engineering Co., Ltd., and
projects ensured that the 9th ASEM
forming a solid ground for the Company’s
strategic objects for implementing growth
and President of SUMEC Textile and Light
these changes reduce burdens and costs
Don Chan Palace Hotel were awarded
Summit successfully convened and
future development of contracting and
effectiveness. Based on the actual business
Industry Co., Ltd., the project is precious
and improve profitability for BB. Needless
2nd Development Medals. These awards
fulfilled the promises to the government
investment business in Laos.
development situation, SUMEC Textile
because it represents the first step to
to say, the assessment of BB’s value has
were to honor CAMCE’s outstanding
as well as the people in Laos.
and Light Industry Co., Ltd. seized the rare
developing abroad and integrating core
obviously increased.
contribution to the 9th ASEM Summit.
The ASEM Villa is a part of "Vientiane
HEADLINES
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Helicopter Xueying 12 of COHC, a Subsidiary of COAG,
Participates in Rescue of Stranded Russian Ship
HEADLINES
2013 Sees Balanced Growth of Production and Sales in
China’s Machinery Industry
pilots having to estimate takeoff and
landing positions themselves, high landing
risks on the sea ice, and limited rescue
devices on the helicopter, and fully used
its advantages to provide safe, effective
helicopter support and accomplish the
task. Xueying 12 will continue to play
an important role in future Antarctic
expeditions.
with a Kamov Ka-32 helicopter named
With the assistance of the Chinese
12 belongs to CITIC Offshore Helicopter
Antarctic expedition’s helicopter Xueying
Co., Ltd. (COHC), which is a shareholding
12, all 52 tourists and researchers aboard
corporation of COAG. The helicopter
the Russian ship Akademik Shokalskiy,
formally joined in Chinese Arctic and
which was stranded in sea ice in Antarctica
Antarctic expeditions on November 6,
for 10 days, were rescued on January
2013 and participated in the 30th Chinese
2, 2014. Xueying12 made six flights
Antarctic expedition task.
to evacuate the passengers from the
Xueying 12 was provided by COHC,
Akademik Shokalskiy to the Australian
the largest general aviation transportation
ship Aurora Australis.
corporation and the only public
The Russians took notice of the
corporation on general aviation in China.
rescue, and rescued passengers expressed
Xueying 12 overcame various obstacles
their appreciation to rescue personnel
such as unpredictable weather, limited
through social network sites. Xueying
navigation and meteorological support,
Xueying that provides strong transport
capability. In September 2013, a helicopter
named Xueying 12 was purchased. It
is a Russian-made Kamov Ka-32A11BC
helicopter with accommodation for
14 passengers. Its maximum takeoff
and landing weights are both 11 tons,
maximum internal and external loads
are 3.7 tons and 5 tons, respectively, the
maximum speed is 260 km/h, the range is
800 km, the service ceiling is 5200 m, and
the absolute ceiling is 3500 m.
recovery and moderate growth in China’s
It also needs to be stressed that
machinery industry, as the value of major
although the total profit of the machinery
economic indicators such as the sales-to-
industry increased by over 15% in 2013,
production ratio and benefit increased
the profit margin still remains relatively
at a reasonable rate.” The Executive Vice
low. This signifies that there is still great
President of the CMIF, Cai Weici, said that
room for improvement in the machinery
the profit for the machinery industry in
industry. For the machinery industry
2013 totaled CNY141 trillion, a 15.6%
in 2014, the CMIF has predicted a 12%
increase over the previous year. The annual
increase in the production-to-sales ratio
tax amounted to CNY781.7 billion, with a
and profit and an 8% increase in exports.
year-on-year growth rate of 19.5%.
Since 2009, the Chinese Arctic and
Antarctic expeditions have been equipped
13
The machinery industry in 2014 will
In 2013, the volume of production of
be faced with four major challenges: major
On February 17, 2014, the China
most products in the machinery industry
difficulty in increasing exports, greater
Machinery Industry Federation (CMIF)
increased, bringing about a rapid increase
pressure in funding, profit squeezes
published the data concerning China’s
in industry profit. However, it needs to be
caused by the rapid increase in the cost of
2013 economic per formance in the
noted that the rate of enterprises suffering
human and environmental resources, and
machinery industry. With a year-on-year
a loss was 10.9%, with an increase of 0.47%
decreased demand accompanied by price
growth rate of 13.8%, which was 4% higher
compared to 2012, resulting in a 15.2%
downturns.
than that of the previous year, the total
increase in the losses incurred.
Cai Weici said that we should also
revenue generated from core business in
All this, as Cai Weici points out, can be
see the factors that are favorable to the
the industry as a whole in 2013 reached
attributed to our more intensified move
industry development in 2014. Both the
CNY204 trillion. For the machinery industry,
to restructure the machinery industry.
national and international macroeconomic
revenue grew by 10.9% compared with the
With product structure transformation
environments are conducive to the stable
previous year, and was 1.2% higher than
and upgrade being accelerated and the
development of the industry. Maintaining
the average growth rate (9.7%) of China’s
industry being further differentiated, the
consistent relevant policies will also
industrial sector, indicating the strongest
rule of “survival of the fittest” is becoming
facilitate industry restructuring.
growth momentum in China’s industry.
increasingly applicable in the fierce market
“The year 2013 witnessed a slow
competition.
14
High-Level Exchanges
SINOMACH Chairman Ren Hongbin Meets François
Cornut-Gentille, Mayor of Saint-Dizier, France
Project Progress
15
Clean Energy Project Signed Between CACS and Siemens
Validated
In January 2014, the KNPC clean
completed at the end of 2015.
rendering plants (Mina Abdulla and Mina
energy project subcontract that China
The Kuwait clean energy project (CFP)
Al-Ahmadi).
National Electric Cable & Wire Import/
is a key strategic project implemented
As a subcontractor, China National
Export Corporation, an affiliate of CACS,
by Kuwait National Petroleum Company
Electric Cable & Wire Impor t/Expor t
signed with Siemens (Kuwait) was officially
(KNPC) for meeting Kuwait’s internal
Corporation is mainly responsible for the
validated. With a contract amount of
energy requirements and fulfilling the
delivery and installation of 300 kV XLPE
about USD100 million, this is the largest
total international energy demand and
cables with relevant accessories, 132 kV
international project China National
related criteria. With a total investment of
oil-filled cables with relevant accessories,
Electric Cable & Wire Impor t/Expor t
approximately USD16.8 billion, the project
and 132 kV XLPE cables with relevant
Corporation has ever subcontracted.
involves updating the refining sets and
accessories.
The 28-month project is expected to be
auxiliary engineering equipment of two
Newsflash
SINOMACH Convenes Special Meeting on Launching
SINOMACH’s Nuclear Power Technology and Equipment
to the World Market
On February 13, 2014, the Special
and play ac tive roles in promoting
for Launching China’s Nuclear Power
Meeting on Launching SINOMACH’s
the launch of China’s nuclear power
Technology and Equipment to the World
Nuclear Power Technology and Equipment
equipment to the world market. At the
Market was established. SINOMACH is a
member of this alliance.
On January 6, 2014, Mr. François
Following Mr. Ren Hongbin’s previous
to the World Market was convened. Vice
meeting, discussions were held on the
Cornut-Gentille, the mayor of Saint-
visit to Saint-Dizier, Mayor Cornut-Gentille’s
President Xie Biao attended the meeting.
prospect of launching China’s nuclear
Dizier, France, a city where YTO (France)
friendly return visit expressed their hope
In his speech, he required all member
technology and equipment to the world
is situated, and a Member of Parliament,
to strengthen partnerships and bilateral
companies of SINOMACH to actively
market and on SIMOMACH’s nuclear power
visited SINOMACH. SINOMACH Chairman
relationships with SINOMACH and China
explore information about the nuclear
resources and strengths.
Ren Hongbin received him and those in
and learn about the company and the
power engineering market, strengthen
At the beginning of 2014, with
his entourage. Both parties held talks on
development strategy of SINOMACH and
communication and cooperation with
the suppor t China’s National Energy
further cooperation.
YTO.
enterprises in the nuclear power industry,
Administration, the Industry Alliance
Project Progress
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Project Progress
17
CACS Signs Project Contract for Water Supply in Three
Districts in Ghana
being and is therefore of great concern
transport the water, and building a water
to the new government. With a contract
distribution pipe network.
On January 28, 2014, in Accra, the
amount of US$ 299 million and the total
After contract signing, GWCL will
capital of Ghana, CACS and GSEGC, a
water treatment volume per day estimated
apply for government loans. CACS will
consortium member, jointly signed with
at 40,000 tons, this project will provide a
provide financing services for this project
Ghana Water Company Limited (GWCL) the
water pipe network covering a total of 70
on condition that the Ghana Ministry
design and construction project contract
kilometers and a water distribution pipe
of Finance and GWCL will provide the
for water supply for Dormaa-Ahenkro,
network covering a total of 293 kilometers.
necessary guarantees. So far, we have
Berekum, and Suhum.
Spanning 36 months, the project mainly
received letters of interest from ICBC and
The project will reconstruct the water
involves constructing a river dam, diverting
the Standard Bank of South Africa and
supply system for three districts in Ghana,
raw water, establishing a water treatment
initial comments from China Export &
and is critical to the local people’s well-
plant, building a pipe network to clean and
Credit Insurance Corporation (SINOSURE).
CHMC Signs EPC Contract for 500 kV Power Transmission
and Transformation Project in Laos
countries. With priority given to power
project tracking and development, these
teams have been actively exploring
business oppor tunities in Laos by
conducting market surveys and analyses,
comparing and selecting projects, and
actively promoting project progress.
Since the MOU was signed for this power
transmission and transformation project
Newsflash
on November 1, 2013, only two and a half
Ecuador’s President Rafael Correa Present at Completion
Ceremony of Security and Emergency Command Center
Project Contracted by CAMCE
months passed before the formal contract
was signed, setting the shortest time
record in the history of CHMC’s market
penetration.
On the morning of Januar y 22,
2014, China National Heavy Machinery
Lengsavad attended the contract signing
ceremony.
The signing of the EPC contract
for the power transmission and
Corporation (CHMC) signed the EPC
I n re ce nt ye a r s, g u i d e d by t h e
transformation project in Laos marks
On February 11, 2014, Ecuador ’s
President Rafael Correa highly praised
contract for the Saravan-to-Sekong 500
g e n e r a l d i r e c t i ve o n i n t e r n a t i o n a l
CHMC’s market expansion in Southeast
President Rafael Correa attended the
the efforts CAMCE made. The delivery of
KV high voltage power transmission and
market development, CHMC has been
A s i a n c o u n t r i e s , i m p r o v e s C H M C ’s
completion ceremony of the Ecuador
the Babahoyo site marks the successful
transformation project with the Electricite
consolidating its position in traditional
competitive edge in the field of power
911 Security and Emergency Command
completion and timely delivery of all
du Laos (EDL). With a duration of 43
markets, expanding markets in Africa,
transmission and transformation, and
Center Project –– Babahoyo Site. After
seven sites in the Ecuador 911 Security
months, the project involves building two
and penetrating Latin-American markets.
paves the way for CHMC to further develop
visiting the Central Building and watching
and Emergency Command Center Project
500 kV transformer substations and 72
Chairman Lu Wenjun personally leads
power transmission and transformation
the emergency treatment procedures
contract to the owners.
kilometers of 500 kV power transmission
teams at the frontline to penetrate and
projects and hydropower projects in Laos.
l i n e s . L a o s V i c e - Pr e m i e r S o m s a v a t
develop markets in Southeast Asian
demonstration at the operating hall,
Project Progress
18
CHMC Signs EPC Contract for Rural Power Grid
Expansion Project (Phase-II) in Cambodia
Project Progress
19
Housing Construction Project in Zambia Completed One
Month Ahead of Schedule
On January 24, 2014, CHMC signed
In recent years, CHMC has been
ring-network project, rural power grid
government attaches great importance to
with EDC the EPC contract for the rural
developing markets in Cambodia by
expansion project (phase-I), and Phnom
the project.
power grid expansion project (phase-
actively participating in infrastructure
Penh-to-Bavet power transmission and
In this housing construction project,
I I ) . Fu n d e d b y p r e f e r e n t i a l e x p o r t
construction and implementing this
transformation project, marks CHMC’s
Zambia and China invested over 5000
buyer's credit authorized by the Chinese
rural power grid modernization project.
successful implementation of the
management and construction personnel
government, the project involves building
Hopefully, power can be transmitted to
“regional rolling” development strategy
a n d n e a r l y 1 0 0 0 p i e ce s o f l a rg e o r
750 kilometers of large-capacity three-
each village of Cambodia and the living
in Cambodia’s power market and is a
medium-sized construction equipment,
phase overhead lines for the rural power
standards of the local people can be
milestone in CHMC’s active fulfillment
with 4497 containers shipped from China.
grid, 50 k ilometers of underground
improved. The signing of the contract for
of corporate social responsibilities,
The project had zero accidents and zero
cable lines, and 15 kilometers of cross-
the rural power grid expansion project
participation in building Cambodia’s
casualties, and was completed one month
river underwater cable lines. The project
(phase-II), CHMC’s fourth EPC project for
local communities, and perseverance in
ahead of schedule with a quality pass-rate
is planned to be initiated in 2014 and
power transmission and transformation
developing and executing projects in a
of 100%. All in all, the project performed
completed in 2017.
in Cambodia following the Phnom Penh
down-to-earth manner.
well from an economic perspective.
On December 11, 2013, the project
Newsflash
CMEC (Turkey) Wins Luban Award for Supercritical CoalFired Power Plant Project
On December 5, 2013, at China’s
2012-2013 Annual Luban Award (National
MW Supercritical Coal-Fired Power Plant
Project it had contracted in Turkey.
As the highest honor in China’s
of schedule.
Having effec tively relieved the
owner granted the acceptance certificate
With a project amount of US$430
housing shortage in Zambia, the successful
for the last land block of the housing
completion of the housing construction
construction project in Zambia, a non-
million and 4527 suites constructed on a
total building area of 604,000 m2 within 31
physical operation project contracted by
months, the housing construction project
government and all walks of life of Zambia.
China National Complete Engineering
in Zambia has the greatest investment
The success of this project has established
Corporation (CCEC), marking the project
and is the largest scale project in Zambia
SINOMACH’s image as an excellent brand
completion, which was one month ahead
since the nation was founded. The Zambia
in the Zambian market.
project in Zambia has been praised by the
Newsflash
engineering construction field, the Luban
Quality Engineering) for Construction
This projec t marks China’s first
Award marks the highest level of China’s
Engineering ceremony organized by the
success in exporting and establishing
engineering quality. CMEC, inspired by
Ministry of Housing and Urban-Rural
supercritical thermal generator sets with
this award to greater efforts, will continue
Development of the People’s Republic of
each unit’s power-generating capacity
to provide excellent services for owners,
China (MOHURD) and China Construction
reaching 600 MW. It is estimated that
maintain the company’s good reputation,
Industry Association (CCIA), CMEC was
by the end of 2013, the No. 1 and No. 2
and contribute to the establishment of
honored with the Luban Award for
generator sets of the Turkey EREN project
CMEC’s image as an excellent brand.
Construction Engineering (Overseas
had respectively generated 4.45 billion and
Engineering) for the EREN (1+1) × 600
4.35 billion kilowatt-hours of electricity.
News of
Changlin’s Sales
Success outside
China Keeps
Pouring in
At the end of 2013, good news
Cuba. At the beginning of December
continued to pour in from Changlin
2013, Changlin completed assembly and
Company Limited, an affiliate of China
debugging of 8 bulldozers it sold in Burma
SINOMACH Heavy Industry Corporation.
and handed them over to the customer.
Changlin was very successful in selling its
At the end of December 2013, Changlin
own products and agent products outside
completed the assembly of 12 truck cranes
China.
that will be delivered to Burma. The latest
In November 2013, Changlin shipped
29 backhoe loaders to a customer in
news has come that Changlin will export
another batch of 11 truck cranes.
Project Progress
20
SINOCONST and CITIC Construction Sign Contract for
Soda Plant Project in Uzbekistan
Project Progress
21
XinHaiJun Wins Bid for Cambodia Tatay Hydropower
Station Camp Management Project
The hydropower station camp has been
basically completed and put into use.
China Machinery Industry
This project is located about 30
To standardize the management of the
Construction Group Inc. (SINOCONST ),
k ilometers to the west of Kungrad,
camp in terms of office work, meals,
together with CITIC Construction, recently
Uzbekistan. The project tasks undertaken
hotel accommodation, and logistics, the
signed the contract for the Uzbekistan
by SINOCONST include all the civil work
hydropower station invited tenders for
Kungrad soda plant expansion project
and installation work required for the
camp management. To expand markets
with a contract amount of over CNY190
process unit, aided engineering, and
outside China, give play to its strengths
million. Echoing the Burma diesel engine
public work in the project, stand-alone
in hotel management, and promote its
plant procurement and installation
test, linkage trial run, commissioning,
management capabilities, XinHaiJun
project, mechanical and electrical
rec tification, reconstruc tion, ear ly-
the top 50 in the ENR global engineering
actively prepared for the bidding by
installation project for Belarus Krichev
stage engineering preparation, and
contrac tor rank ings for many years
conducting an on-the-spot investigation.
ce m e nt p l a nt, a n d Uz b e k i s t a n D e h
survey control network building and
in succession. In the last five years,
As a result, it won the bid.
Karshikhanabad potash fertilizer plant
maintenance.
SINOCONST and CITIC Construction have
phase-II project, this is another project
that marks internationally influential
As the only level-1 wholly-owned
subsidiary of CITIC Group in the field
cooperation between SINOCONST and
o f e n g i n e e r i n g c o n t r a c t i n g, C I T I C
CITIC Construction.
Construction has been ranked among
Th i s co o p e rat i o n p rove s to b e
continuously furthered cooperation and
GuangDong XinHaiJun Development
Tatay hydropower station project, which
another critical step on the part of China
will further cooperate in industrial projects
Company (XinHaiJun), an affiliate of
is a BOT hydropower project in Koh
Ocean Aviation Group Inc. in practicing the
in Angola, Venezuela, and other countries.
China Ocean Aviation Group Inc., has
Kong Province, Cambodia. The Cambodia
work approach of “stick to marketization,
won the bid for the hydropower station
Tatay hydropower station company is
strengthen internal cooperation among
camp management project organized by
responsible for project implementation
member companies, and share resources”
Cambodia Tatay Hydropower Co., Ltd.
and operation. The hydropower station
which SINOMACH advocates.
CHMC has invested in the Cambodia
is planned to be put into use in 2014.
Newsflash
GME Signs Contract for Solar Power Plant
Project in Poland
Newsflash
CMEC Achieves Success in Power Transmission with the
Chad GaranGousso Transformer Substation Project
With the project involving 290,000 PV
between both parties in language, work
On December 15, 2013, China
modules and the contract amount totaling
environment, law, standards and systems,
National General Machinery Engineering
EUR 141.6 million, GME planned financing
and many other aspects. The commercial
By the afternoon of January 2, 2014
connection project) had passed. The
Corporation (GME) reached an agreement
through the buyer’s credit.
frame contract has finally been signed
(local time), the 24-hour trial run and
unanimous praise from Chad’s government
with Boska Sp.zo.o. for the construction
Over six months have passed, and
by both parties. Currently, the corporate
various equipment power-on tests for the
officials at all levels and the local people
of an 80 MW solar power plant project in
the project department has done a great
project depar tment is methodically
Chad N'Djamena transformer substation
marked the successful completion of
Poland and signed a commercial frame
deal of preparatory work, overcoming
making preparations to put the contract
p r o j e c t ( Fa r c h a 2 - t o - G a r a n G o u s s o
phase-1 of the GaranGousso transformer
contract.
difficulties caused by differences
into effect.
transformer substation 90 kV cable
substation project.
Project Progress
22
IPPR Wins Bid for Jamaica Kindergarten Design Project
Project Progress
23
A standard modular layout has been
effective countermeasures accordingly
and cooperate are highly recognized by
adopted for both designs so that Jamaica
developed. Besides, children’s safety is
experts and the Ministry of Commerce of
can promote the designs in other projects.
also fully taken into account. Single-story
the People’s Republic of China. Winning
For the design, importance has been
buildings, accessible ramps, and safety
the bid fur ther demonstrates IPPR’s
attached to the climate, which features
railings are part of the design to ensure
excellent design competencies.
high temperatures, strong sunshine, salt,
child safety.
fog, torrential rains, and hurricanes with
IPPR’s excellent capabilities to design
and land block 2 covers an area of 10,000
m 2 , close to Prochial Road. Both land
blocks are convenient to transportation.
Covering a total building area of 1410
m 2 , the project involves constructing 8
kindergarten classrooms together with
support facilities, including living rooms,
service rooms, support rooms, auxiliary
IPPR has performed excellently and
project are in Kingston, capital of Jamaica,
rooms, indoor and outdoor corridors,
managed to win the bid for designing
and St. Thomas Parish, to the east of
outdoor recreation grounds, and parking
Jamaican kindergartens in two land blocks.
Kingston. Land block 1 covers an area of
5116.79 m2, near Olympic Way on the east
lots. Each kindergarten will admit 200
The two land blocks involved in the
children.
Newsflash
IPPR Successfully Completes Feasibility Study for
General Hospital Project in Katanga, Congo (DRC)
The project is to be implemented
general hospital that features modern
in Lubumbashi, K atanga. Given that
technologies and local architecture and
Lubumbashi is the second largest city
is capable of providing the local area with
of Congo (DRC) and Katanga a province
advanced medical processes and systems
with abundant mineral resources, we see
and greatly improving the local medical
great potential for development. After
facilities and concepts. IPPR, whom the
conducting a careful study and taking
Ministry of Commerce considers as a
into consideration the groups of people
key enterprise for international project
Commissioned by the Department of
the hospital will serve, and Congo’s ability
implementation, takes on challenges and
Foreign Assistance, Ministry of Commerce
to run and manage the hospital, the
has achieved great milestones. Inspired
o f t h e Pe o p l e’s R e p u b l i c o f C h i n a ,
study group decided on a project scale of
to greater effor ts by the Ministr y of
China IPPR International Engineering
Commerce’s recognition and praise, and
Corporation dispatched a study group to
100 hospital beds, covering a floor area
of approximately 7700 m 2 (including a
on the stability of the whole set of system
Lubumbashi, Congo (DRC) to conduct a
hospital area of about 6500 m 2 and a
in international project implementation,
medical team dormitory area of about
1200 m2).
IPPR is ready to further expand its share of
Newsflash
China’s Indonesia AWAR-AWAR Power Plant Project
Department Completes 168-Hour Reliability Trial Run
for No. 1 Machine Set
168-hour reliability trial run for the No. 1
Recently, China’s Indonesia AWAR-
machine set. Harbin Electric Corporation
equipment. The successful completion of
feasibility study on a general hospital and
AWAR 2×350 MW Power Plant Project
sent a congratulatory message. The 168-
the No.1 machine has paved the way for the
dormitory construction project in Katanga,
Department successfully completed the
hour reliability trial run is an important test
follow-up handover of the machine set.
Congo (DRC).
IPPR intends to construct a small
with the future of its brand image solidified
the international market.
Trade & Service
24
Trade & Service
25
AE Wins VOLVO's Global Best Supplier Award
on the top ten successful enterprises.
CHMC was one of them.
international automotive group.
In the speech the panel of judges
geology, and public facilities. On December
AE not only undertook EPC tasks
12, 2012, after 17 months of hard work, the
for the coating workshop, including
first VP was put into use. After that, S60L
On November 15, the 2013 VOLVO
the coating produc tion line, public
and XC60 models that were manufactured
Supplier Conference was convened in
construction, and sewage treatment
in Chengdu on a trial basis were sent to
Chengdu. China Automobile Industry
station, but also the EPC tasks of
Sweden to be tested to the global VOLVO
Engineering Corporation (AE) was honored
constructing the public power station and
standards. After passing various tests, on
with the VOLVO’s Best Supplier ( VQE)
pipe gallery of the factory. This marks the
November 4, 2013, the S60L model was
Award for its outstanding performance
first time that AE, as a Chinese supplier, has
finally authorized to be formally put into
in the coating workshop project for the
made a major breakthrough in the coating
production.
VOLVO Chengdu factory. This is the first
workshop for a world renowned luxury
time that AE has been honored as the best
vehicle company.
made at the award ceremony, CHMC
was praised for viewing ASEAN as an
impor tant target market. CHMC had
started its success in Burma and drawn
on the successful experience in its market
exploration in other ASEAN countries. In
this way, CHMC has expanded markets
in Vietnam, Cambodia, and other ASEAN
countries.
The award granted by VOLVO shows
their high recognition of AE. Inspired to
supplier by an international luxury vehicle
During the project implementation,
greater efforts, AE has the confidence to
company. The significance of this award is
the project team overcame many
perform even better in the base coating
a great opportunity for AE to improve its
obstacles, including unfavorable
line project in Daqing, another major
brand image and expand business in the
conditions in climate, environment,
vehicle production base of VOLVO in China.
SUMEC 4100DWT2# Successfully Launched
On October 1, 2013, the second of
the 4100DWT series of fueling vessels that
CHMC Wins Award of 2013 China Top 10 Successful
Enterprises into ASEAN
SUMEC built for Consort Tankers Pte, Ltd.
was launched in Nanjing.
SUMEC developed the 4100DWT
model especially for the Singapore market.
With double engines and propellers, the
4100DWT model is based on a design by a
On January 7, 2014, China-ASEAN
Enterprises into ASEAN. Lu Wenjun,
and co-sponsored by the China Council
Japanese company. Among the best in the
Business Council held the ceremony
Chairman of CHMC won the 2013 award
for the Promotion of International Trade
industry, this model performs exceedingly
to award enterprise and entrepreneur
for outstanding entrepreneurs in China-
(CCPIT), Ministry of Commerce, and ASEAN
well in terms of security and operation.
successes in China-into-ASEAN businesses
into-ASEAN business.
country embassies in China. After careful
In the second half of 2013, SUMEC,
in 2013. CHMC was honored with the
The award ceremony was hosted
comparison and selection over several
the global shipping development cycle,
award for 2013 China Top 10 Successful
by the China-ASEAN Business Council
months, the panel of judges finally decided
promoted the trade of finished vessel
Trade & Service
26
through marketing network
in business practices have laid a solid
RONGSHENG. Also, SUMEC’s suggestion on
e x p a n s i o n a n d m a d e g r e a t e f fo r t s
foundation for SUMEC’s development in
China’s shipping market development was
to expand segmented markets for
the coming three years. In the process
recognized by the Board of Supervisors for
customized vessels, special-purpose
of innovative development, SUMEC
Key Large-Sized State-Owned Enterprises.
work vessels, offshore vessels, etc. During
has continuously improved its brand
All this demonstrates SUMEC’s profound
those six months, SUMEC manufactured 5
image and position in the industr y.
experience and good reputation in trade
finished vessels, and signed contracts for
Commissioned by the Export-Import
operations and project management.
a total amount of nearly US$600 million.
Bank of China, SUMEC is providing fund
The breakthrough and transformation
supervision service for its project in
SUMEC FIRMAN Establishes Strategic Partnership with
Kohler Engines
Special Report
27
China-Belarus Industrial Park–A Place to Nurture
Dreams
China CAMC Engineering Co., Ltd. is
affiliated with SINOMACH, a large-scaled
signed by and between China and Belarus,
leading the China-Belarus Industrial Park
state-owned enterprise under the SASAC
the project has attracted great attention
in Belarus, a major cooperative project
of the State Council. The China-Belarus
from both governments and is a good
for deepening economic and trade
Industrial Park is the largest and most
example of cooperation between the two
cooperation and establishing a strategic
highly developed overseas industrial park
countries.
partnership between China and Belarus.
project that China has undertaken. Since
China CAMC Engineering Co., Ltd. that is
the cooperation agreement was officially
production base of SUMEC Machinery
& Electric Co., Ltd. and inspected the
production line of Kohler products, they
praised strict production process and spoke
China-Belarus Industrial Park Attracts Great Attention from China and Belarus
highly of SUMEC’s technological innovation,
lean production, and quality management,
On January 23, Thomas G. Cromwell,
SUMEC FIRMAN.
saying that they were among the world’s
zone in Belarus. In October 2010,
best. Kohler Engines values SUMEC as an
President Alexander Lukashenko visited
irreplaceable strategic partner.
China, during which time the Ministry
Established in 1873, Kohler Engines
of Economy of the Republic of Belarus
i s o n e o f A m e r i c a’s e a r l i e s t f a m i l y
and CAMCE signed the Cooperation
enterprises. Since the production of its
Agreement on the Establishment of
first generator in 1921, Kohler Engines
China-Belarus Industrial Park in Belarus.
has accumulated over 90 years of
On the 22nd anniversary of China and
Global President of Kohler Engines,
At the ceremony, President Thomas
manufacturing experience. Now it is a
Belarus establishing diplomatic relations,
accompanied by four people, visited
G. Cromwell expressed his admiration
professional equipment manufacturer that
Prime Minister Mikhail Myasnikovich met
SUMEC for business talks. After the talks,
for SUMEC’s rigorous work attitude and
specializes in manufacturing high-quality
with President Xi Jinping and premier Li
President Thomas G. Cromwell and Cai
his confidence in the bright prospect of
generators and engines for both local
Keqiang in January 2014 to further deepen
Jibo, General Manager of SUMEC, attended
successful cooperation.
and international markets. Its products
B a s e d o n t h e n e e d s fo r b e t te r
President Xi Jinping visited Belarus in
the comprehensive strategic partnership
are sold in over 140 countries and regions
international economic development
March 2010, and preliminarily discussed
between China and Belarus and expand
throughout the world.
and for states of two countries, Vice
on the establishment of a development
cooperation,
the ceremony for establishing a strategic
After President Thomas G. Cromwell
partnership between Kohler Engines and
and his entourage visited the industrial
Special Report
28
Special Report
29
and announced the implementation
of the Development Planning of the
Comprehensive Strategic Partnership
between China and Belarus (2014–2018).
For the cooperation mechanism, the two
countries have established a deputy-
enterprises are free during the first 10
prime-minister level inter-governmental
years and will be charged half the going
cooperation committee to strengthen the
rate for the next 10 years.
overall planning and guidance on bilateral
4. Advanced service concepts: for
cooperation; for project cooperation
foreign investments in factories, Chinese
aspects, they have proposed to make the
enterprises implementing the “Go Out”
China-Belarus Industrial Park bigger and
policy are most concerned about the
stronger, letting it play an exemplary role.
risks brought by unfamiliarity with the
investment countr y ’s policies, laws,
rules and local cultures. To ensure that
enterprises can take root in the park and
develop well as far as possible, CAMCE
Overview and Advantages of China-Belarus Industrial Park
learned from the experience obtained
from Suzhou Industrial Park and Tianjin
Located in the Smolevichi District
traffic, with the Berlin-Moscow Expressway
on the development of fine chemicals,
and design concepts and good political
Union, Unified Economic Space, and the
Taida Development Zone. CAMCE follows
in the Minsk Region, the China-Belarus
passing through the park. The overall
electronic information, biomedicine, high-
and economic environment, making it an
forthcoming establishment of the Eurasian
the service principle of “Investor is God”
Industrial Park is 25 km away from Minsk.
planning area is 91.5 square kilometers,
end manufacturing, logistics, and the
ideal place for overseas investments and
Economic Union, Belarus, as an important
and provides enterprises with “one-stop”
The park is adjacent to the international
of which the northern area in Phase I
warehousing industry. In addition to the
business promotion.
node of the Silk Road Economic Belt has
support services, including investment,
airport and boasts an excellent
occupies 8.5 square kilometers. The China-
major effort to develop the advanced
1. Investment security environment:
obvious geographic advantages, and can
occupational training, legal consulting,
geographical location and convenient
Belarus Industrial Park will mainly focus
manufacturing industr y, many other
Belarus’s political environment is relatively
make use of this platform to promote
foreign procedures services and logistics
features such as living, scientific research,
stable; China and Belarus have close
Chinese enterprises to the Commonwealth
bonded warehousing services.
medical treatment and a tourist resort
diplomatic relations with each other;
of Independent States and EU markets so
5. Improved infrastructures: based on
will be gradually implemented to build
leaders of the two countries visit each
and achieve mutual benefit and win-win
the overall requirements for high-starting
an ecological, livable, energetic and
other frequently; economic development
cooperation.
point planning, high-quality design
innovative international city.
has been remarkably successful. According
3. Preferential policies: President
and high standards of construction, the
As a joint venture for development,
to the 2014 Doing Business Report issued
Lukashenko has signed the Presidential
infrastructure construction in the park will
the China-Belarus Industrial Park
by IFC and the World Bank, Belarus ranks
Decree specifically for the China-Belarus
meet the conditions of “seven connections
Development Co., Ltd. Has been
63rd among 183 countries in the business
Industrial Park, and granted a series of
and one leveling”: that is, roads, electricity,
established by shareholders from China
environment index, higher than Russia and
preferential policies in the form of supreme
water supply, drainage, communication,
and Belarus. CAMCE and Belarus hold
China.
legislation: term of lease is up to 99 years;
gas, heat and land grading. Each type of
2. Huge market potentials: with the
enterprises in this park may enjoy “10
infrastructure is well-established, which
The China-Belarus Industrial Park
further development of the Eurasian
years free and 10 years half” preferential
will meet the production needs of various
boasts a unique geographical location,
economic integration process such as the
tax policies: that is, the corporate income
enterprises.
great policy support, advanced planning
Russia, Belarus, and Kazakhstan Customs
tax, tariff and value-added tax of the
shares of 60% and 40%, respectively.
Special Report
30
Park Construction and Investment Progress
Since the construction of the park
was officially started, substantive results
have been achieved in stages under the
great support of SINOMACH:
1. For park’s planning and design, the
overall planning of the park and detailed
planning for Phase I have been completed.
Design work for part of the municipal
infrastructure has started, and the design
of the investment exhibition center has
been confirmed.
2 . I n t e r m s o f i nv e s t m e n t , t h e
3. For project financing, the project
People’s Government of Guangdong
promotion and programs have been
Province and Harbin Municipal People’s
discussed with several China-invested
G ove r n m e n t h ave s i g n e d a n i n te r -
and foreign financial institutions. The next
governmental cooperation agreement,
step is to further modify and complete
and China Great Wall Industry Corporation
the feasibility study report based on the
(CGWIC), ZTE, Huawei (Shenzhen) and
detailed planning approved by Belarus,
Huadian Distributed Energy Engineering
and to actively coordinate with financial
Technology Co., Ltd have all signed
institutions to implement project
agreements of intent.
financing.
The design for municipal infrastructures
will start when the overall planning of
Phase I has been completed and verified.
T h e g r o u n d b r e a k i n g c e r e m o ny fo r
the China-Belarus Industrial Park and
the commencement ceremony for the
Investment Exhibition Center will be held
in June 2014.
As an internationally renowned
project contractor, CAMCE intends to
build the most outstanding cooperative
corporate parks at home and abroad and
is willing to develop foreign business
with other enterprises implementing the
“Go Out” policy to build a brighter future
together.