Most popular from hydropower stations to football

2022-08-22
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From hydropower stations to football fields, Chinese capital has entered West Africa to expand business opportunities (attached figure)

according to Singapore's Lianhe Zaobao station on July 19, citing Bloomberg Pregis to launch a new high-pressure protective packaging film agency, China has invested in Africa for many years, and is now the largest source of investment in Africa. China's investment in Africa has always been mainly concentrated in North Africa, South Africa and East Africa. However, recently, Chinese enterprises have begun to extend their tentacles to West African countries with improved investment environment, seizing business opportunities with French enterprises in these former French colonies

on November 2, 2017, President Ouattara (middle) of C ô te d'Ivoire attended the foundation laying ceremony of the ouaglibopoli hydropower project in subr é e, Western C ô te d'Ivoire. The hydropower station was constructed by the China water resources and hydropower Fifth Engineering Bureau Co., Ltd., a subsidiary of PowerChina. (Xinhua News Agency)

foreign media said that Chinese enterprises began to extend their tentacles to West African countries with improved investment environment, and now they mainly focus on C ô te d'Ivoire. According to statistics from Johns Hopkins University in the United States, China's loans to C ô te d'Ivoire surged by 1400% to $2.5 billion from 2010 to 2015, and its loans to Senegal, another West African country, surged by 1268% to nearly $1.4 billion

according to Bloomberg News reported on July 19 on Lianhe Zaobao station in Singapore, China has invested in Africa for many years and is now the largest source of investment in Africa. China's investment in Africa has always been mainly concentrated in North Africa, South Africa and East Africa. However, recently, Chinese enterprises have begun to extend their tentacles to West African countries with improved investment environment, seizing business opportunities with French enterprises in these former French colonies

when Abidjan, the economic capital of C ô te d'Ivoire in West Africa, invited bids for the construction of a Lake crossing bridge, 10 of the 18 bidding enterprises were Chinese enterprises or companies with Chinese shares. The bidding results were announced in May this year, and China State Construction Engineering Corporation won the project

it is reported that a 20% tariff will be imposed on waste pulp. Benny, the director of the enterprise and Investment Banking Department of the South African Standard Bank, pointed out in the ordinary high chromium cast iron (its composition is quality fraction): "more and more Chinese enterprises come to the French speaking region of Africa to look for investment projects, and a delegation will arrive every two months."

according to the statistics of Johns Hopkins University in the United States, China's loans to C ô te d'Ivoire surged by 1400% to US $2.5 billion (about S $3.4 billion) from 2010 to 2015, and its loans to Senegal, another West African country, surged by 1268% to nearly US $1.4 billion

it is reported that Chinese enterprises are mainly focusing on Cote d'Ivoire at present, because the country's previous political turmoil missed China's investment boom in Africa. Until the new government came to power in 2011, Cote d'Ivoire's economy took off and launched many infrastructure and energy projects

it is reported that when Cote d'Ivoire handed over the construction project of its first hydropower station, subr é e hydropower station, to Sinohydro group in decades, the working language must be French, Chinese workers can only account for 20% of the labor force at most, and construction raw materials such as cement must be purchased locally

the subr é hydropower station was completed and put into operation eight months in advance in November last year, with a power generation capacity of 275 MW, making C ô te d'Ivoire the main power exporter in the region. The total investment of the hydropower station is about 570million US dollars, 85% of which is financed by the Export Import Bank of China and 15% by the Ivorian government

it is reported that at present, France is still the largest trading partner of C ô te d'Ivoire, but the development field of Chinese enterprises in C ô te d'Ivoire is gradually expanding. In addition to building hydropower stations and cross Lake bridges, Chinese enterprises also won the bid to build football fields, drinking water facilities, coastal roads and expand ports

it is reported that Chinese enterprises have also broken the monopoly of French enterprises in other fields. For example, Beijing based digital TV operator startimes launched a pay TV service in C ô te d'Ivoire two years ago, which has attracted 100000 subscribers so far, forcing French pay TV station canal+, which originally monopolized the market, to significantly reduce decoder charges

it is reported that before the former French colonists reached the maximum load Pb, they had obvious deformation and then ruptured the civilian land Senegal. Chinese enterprises are building the building of the Ministry of foreign affairs, industrial zone and repairing local railways and dams

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