www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

SDIC eyes Indonesian prospects

By Zhong Nan | China Daily | Updated: 2016-08-30 09:23

Firm to cement its future in Southeast Asian nation with big investment over next 5 years

State Development & Investment Corp, the country's largest State-owned investment holding company by fund volume, will expand its investment categories from cement factories to nickel ore mines, power plants and ports in Indonesia over the next five years, said its senior executive on Monday.

With a total investment of 2.2 billion yuan ($329 million), SDIC invested and launched the production of the first phase of a cement plant in Indonesia's West Papua province last week.

After a 16 month construction period, the plant will be able to produce 1.5 million tons of cement annually to meet the country's surging demand for various infrastructure projects.

Li Bing, SDIC's vice-president, said the company will invest in the second phase of the cement plant after six months if the operation and sales could maintain a fast growth pace. This would add a further 1.5 million tons of annual cement production capacity to the project.

Anhui Conch Cement Co, China's largest cement maker by market value, is responsible for the design of the plants.

The project currently has 309 employees, including 173 Indonesian staff. It is part of SDIC's effort to get more opportunities from the Belt and Road Initiative.

Supported by more than 200 subsidiaries, SDIC has built a strong market presence in both developed and developing markets, in particular in the markets of the Association of Southeast Asian Nations in recent years.

"Restrained by weak industrial and logistics foundations in certain parts of Southeast Asia, many Indonesian and foreign construction contractors have to cope with local cement that costs too much and is often in short supply," said Li.

This makes it even harder to complete projects on time. Delays caused by substandard port and road facilities, and delayed shipments from Asia, the Middle East and Europe, make matters worse.

Tamba Hutapea, deputy chairman of Indonesia's Investment Coordinating Board, or BKPM, said this is the first cement project to be put into production in West Papua province. It will alter the current situation in which eastern Indonesia does not have a cement industry to support the country's industrialization and urbanization.

"It certainly is not cheap to ship cement to Indonesia or other parts of Southeast Asia from China, mainly due to container loading costs," said Sun Fuquan, a researcher at the Chinese Academy of Science and Technology for Development in Beijing.

"The cement must be properly packed and protected, otherwise it is easy to get wet and will become useless."

Sun said it appears Chinese companies have found a new growth area in Southeast Asia's cement and power industries. Less competition in this market also gives them an early advantage to secure a better position.

zhongnan@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 久久影院一区二区三区 | 欧美国产成人免费观看永久视频 | 韩国美女爽快一毛片免费 | 国产一级特黄一级毛片 | 久久久精品成人免费看 | 韩国欧洲一级毛片免费 | 成年人网站在线观看视频 | 亚洲精品一区二区三区www | 在线免费视频 | 亚洲第一成年免费网站 | 亚洲 欧美 精品 中文第三 | 色悠久久久久综合网伊人男男 | 欧美视频 亚洲视频 | 伊人国产在线视频 | 日本三级免费网站 | 一区二区三区欧美 | 一级做a爱过程免费视 | 国产一区二区三区在线视频 | 国产夜色 | 欧美中文字幕在线视频 | 午夜视频一区二区三区 | 国产高清一级片 | 亚洲男人的天堂在线观看 | 夜色成人性y | аⅴ资源天堂8在线 | 一区二区三区视频免费观看 | 日本一区二区高清不卡 | 一级毛片真人不卡免费播 | 99精品免费 | 九九99在线视频 | 国产www | 成人毛片免费播放 | 高清欧美性xxxx成熟 | 欧美一级专区免费大片俄罗斯 | 免费人成在线观看网站品爱网 | 91久久精品国产91久久性色也 | 中国女人毛茸茸免费视频 | 亚洲精品国产三级在线观看 | 三级欧美在线 | aaa毛片免费观看 | 久久www免费人成精品 |