日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

China Railway eyes regional market with $2b investment in Malaysia

(Xinhua) Updated: 2016-03-22 10:03

China Railway eyes regional market with $2b investment in Malaysia

A CRH train production site of CRRC's Qingdao Sifang Co Ltd in Qingdao, Shandong province. [Photo/Xinhua]

KUALA LUMPUR - China Railway Group Limited (CREC) announced a $2 billion investment in Malaysia on Monday with an eye on further expansion into the Southeast Asian market.

CREC, one of China's largest state-owned companies, would make the investment to build an integrated office complex as its regional headquarter in Bandar Malaysia, a future transport, business and commercial hub for Kuala Lumpur.

The announcement came three months after CREC's successful bid with its Malaysian joint-venture partner in December to acquire 60 percent of the equity in the Bandar Malaysia project.

Zhang Zongyan, CREC's president, said the project marks the company had assumed of a new role in Malaysia.

"In the past, we were contractor, so this project is of much significance for us in the sense that we partner with local companies to invest and to build this transport and commercial hub," he told Xinhua.

Statically located about 7 km from the Kuala Lumpur city center, Bandar Malaysia would also serve as the terminal for the proposed high-speed railway linking the Malaysian capital and Singapore.

Malaysian Prime Minister Najib Razak hailed CREC's investment as another testimony of the "long-standing friendly relations we have between Malaysia and China."

According to CREC, it would consolidate all its current regional businesses and operations once its new headquarters is up and running.

The company would use the new regional center to expand into other Southeast Asian countries, and to facilitate the implementation of infrastructure projects like roads and railways in the region as promoted by the Belt and Road initiatives.

CREC is one of the world's largest engineering and construction firms, and also has businesses, among others, in industrial manufacturing, real estate development and resources and mineral products. It currently ranks 71st in the Fortune 500, with a turnover exceeding 100 billion U.S. dollars per annum.

Najib said his country is targeting more Foreign Direct Investment from China.

Non-financial investment by Chinese companies in Malaysia recorded an impressing 237 percent increase to 410 million U.S. dollars in 2015, according to China's statistics. Chinese officials said Chinese companies were investing in more diversified areas with more focus on quality.

Apart from CREC's investment in Bandar Malaysia, China General Nuclear Power Corporation (CGN), one of Chinese leading clean energy companies, signed an equity purchase agreement with Malaysian energy company Edra Global Energy last year to buy 13 clean energy projects scattered in Malaysia, Egypt, Bengal, Pakistan and United Arab Emirates (UAE).

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 狠狠操综合 | 亚洲精品一级片 | 国产精品成人网 | 欧美性猛交ⅹ乱大交3 | 国产成人三级一区二区在线观看一 | 亚洲aaa级| 亚洲女人网 | 成人免费黄色大片 | 夜夜狠狠擅视频 | 亚洲图片欧美日韩 | 成人在线免费看 | 亚洲无限看| 魔性的诱惑 | 狠狠爱av| 成人免费看片在线观看 | 99自拍视频 | 校园春色 亚洲 | 亚洲aaa级 | 91导航在线观看 | 欧美日韩在线观看一区 | 激情综合网站 | 日韩中文字幕免费视频 | 亚洲成人激情视频 | 日韩综合网 | 大片在线观看网站免费收看 | 伊人婷婷色 | 免费一级欧美 | 高清一区二区 | 国产毛片在线 | 女人18毛片一区二区三区 | 日本特级黄色 | 久久精品99国产精 | 亚洲专区av | 香蕉久久av | 粉嫩av一区二区三区四区五区 | 国产三级小说 | 天天爽夜夜爽 | 久久久精品成人 | 在线免费看a | 精品视频专区 | 天堂色在线 |