The expansion of the global infrastructure investment market is good for "built in China"
Global Infrastructure Japan and the United States also rely on China to purchase their recycled plastic facilities. The expansion of the investment market is good for "built in China"
China Construction machinery information
Guide: June 7, The fourth international infrastructure investment and Construction Summit Forum, CO hosted by the China Chamber of Commerce for foreign contractors and the Economic Bureau of the Macao SAR government, attracted representatives from institutions and industry organizations such as the world bank, the Asian Development Bank, the International Federation of contractors, as well as engineering contracting, equipment
on June 7, the "fourth international infrastructure investment and Construction Summit Forum", CO hosted by the China Chamber of Commerce for foreign contractors and the Economic Bureau of the Macao SAR government, attracted representatives from institutions and industry organizations such as the world bank, the Asian Development Bank, the International Federation of contractors, as well as entrepreneurs in engineering contracting, equipment manufacturing and engineering services, with a total of more than 1300 Chinese and foreign guests attending the meeting
participants generally believed that although the aftermath of the international financial crisis is pending and the public finances of all countries are under pressure, the development of international infrastructure still has strong market demand support, which will undoubtedly provide a good development opportunity for "built in China" to compete globally at the stage of rapid development
Liu Jinzhang, vice president of CSCEC, specifically analyzed that developed economies such as Europe and the United States are committed to large-scale transformation and upgrading of infrastructure in order to adapt to the new trend of the global industrial and technological revolution, achieve economic growth and increase employment; Infrastructure construction in developing countries such as Asia and Africa is generally weak. In accelerating the development of industrialization and urbanization, there is also a strong demand for capital and technology for hydraulic testing machines, which are mainly used for investment in metal infrastructure
according to the engineering records (ENR) of the United States, the world's largest 2 [China Plastics News] on October 1, the overseas turnover of 25 international contractors in 2011 reached $453.02 billion, an increase of 18.1% year-on-year. According to a report released by the OECD, the global infrastructure investment demand will reach $55trillion from 2013 to 2030, equivalent to 2.5% of the global GDP invested every year
it is worth noting that infrastructure projects often have large capital requirements, high investment risks and long time cycles. According to Jean Louis ekla, President of the Export Import Bank of Africa, according to the bank's statistics, the average annual investment demand in Africa's infrastructure sector is $93billion, and it needs to be maintained at this scale until 2020 to meet the investment demand, which is obviously beyond the affordability of internal resources of African countries
in this regard, James Stewart, chairman of KPMG global infrastructure services, said that in fact, under the shadow of the international financial crisis, both developed economies and developing countries are difficult to rely solely on local public resources to meet the needs of infrastructure construction. Therefore, how to open up the private sector and attract transnational investment has become a common topic faced by all countries
"this is good news for Chinese enterprises who want to 'go global'." He believes that 6. In the competition pattern of the industry market, Chinese enterprises have advantages in terms of capital. They not only have a good balance sheet, but also have relatively smooth financing channels, which shows considerable competitiveness in the global market downturn and the whole market "poor money"
the development of China's foreign contracted engineering industry confirms Stewart's view. Despite the complex and volatile global political and economic situation, the growth rate of China's foreign contracted engineering business showed a rebound in 2012, with the newly signed contract amount of US $156.5 billion, an increase of 10% year-on-year. Since the beginning of this year, the growth rate has continued to accelerate. In the first four months, the newly signed contract amount of foreign contracted engineering business was US $48.7 billion, an increase of 38% year-on-year
while the scale continues to grow, some new trends deserve attention: Traditionally, the role of Chinese enterprises is only a simple engineering construction party, and now they are changing into a combination of contractors, operators and managers. Insiders pointed out that in this process, Chinese enterprises need to innovate business models on the one hand, and on the other hand, they should also pay attention to a series of issues, such as whether the legitimate rights and interests of overseas investment can be guaranteed, whether the political and economic environment of the host country is stable, and whether the legal system is soundDiaochun, President of China Chamber of Commerce for foreign contracting and engineering, suggested that enterprises should establish a comprehensive risk management system. In addition, measures such as in-depth feasibility analysis and due diligence, seeking experienced intermediary support, the government improving the support service system, and using international multilateral organizations to control overseas investment risks can help Chinese enterprises cope with the risks of overseas operations