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

Money

Chinese PE fund for ASEAN under way

By Zhou Yan (China Daily)
Updated: 2010-10-21 08:58
Large Medium Small

Chinese PE fund for ASEAN under way

Attendees look at a model of the Commercial Aircraft Corp of China ARJ21 airplane at the Singapore Airshow on Feb 2. Infrastructure construction has been a major area of cooperation between China and Southeast Asian countries.[Photo/Agencies] 

$1 billion of fundraising completed; initial work involves infrastructure

NANNING - China's private equity (PE) fund of $10 billion for Southeast Asian countries has completed its first round of fundraising worth $1 billion and it expects its maiden project in infrastructure to take place by the end of this year.

"The fund's preparatory work has been done and we have already started looking at a batch of projects mainly in infrastructure and joint economic projects between China and members of the Association of Southeast Asian Nations (ASEAN)," said Zhu Hongjie, vice-president of the Export-Import Bank of China (Exim Bank), at a forum on the sidelines of the seventh China-ASEAN Business & Investment Summit.

Exim Bank and the nation's sovereign-wealth fund, China Investment Bank, jointly launched in April 2009 the government-backed PE fund, in which each party invested $300 million. The policy bank owns 52 percent of the fund management joint venture.

Zhu expects the fund's first project in infrastructure, which is among the key investment areas for the fund, to materialize before the end of 2010.

The fund is set to provide $50 million to $150 million of capital per project and only acts as the equity or quasi-equity investor, said Lu Yueping, deputy general manager of Exim Bank's special financing department.

The first $1 billion-fund, which was collected from major institutional investors, completed its fundraising and started operations as early as this March, Lu said.

Related readings:
Chinese PE fund for ASEAN under way China to strengthen ties with ASEAN
Chinese PE fund for ASEAN under way More than 2,000 companies participate in China-ASEAN Expo
Chinese PE fund for ASEAN under way China-ASEAN Business and Investment Summit opens
Chinese PE fund for ASEAN under way China-ASEAN Expo kicks off in S China

ASEAN's infrastructure investment market has gradually opened up and provided abundant opportunities for Chinese investors. It will help boost economic integration between China and the region, said Wang Shengwen, deputy director-general of the department of outward investment and economic cooperation under China's Ministry of Commerce.

The sales volume of Chinese firms' overseas contracting projects that involved communications, railways and harbor construction in ASEAN countries in the first seven months of 2010 was up 23 percent to $6.4 billion from the previous year, Wang said.

Lu said the fund also targets projects in the energy and natural resources sectors, as China's demand for these remains large with the nation on track for rapid growth.

"We will start the second phase of fundraising when 70 percent of the first phase is used up We welcome institutions from other countries to join in the raising of these funds," said Lu, who refused to disclose the size of the second round of funding and when it will take place.

China and ASEAN have deepened their economic ties after their free trade agreement took effect in January.

Bilateral trade jumped to $211.3 billion in the first three quarters, up 44 percent from a year earlier.

主站蜘蛛池模板: 久久色在线| 在线免费观看av网址 | 成年人免费看毛片 | 国产色诱视频 | 国产精品中文字幕在线观看 | 成人黄色免费在线观看 | 亚洲欧美日韩一区二区三区四区 | 成人免费视频网站在线看 | 高清国产一区 | 99久久久精品 | 人人狠狠| 中文字幕一区二区三区在线播放 | 国产在线日韩 | 国产精品麻豆免费版 | 亚洲日本中文字幕 | 欧美精品久久久久久久久老牛影院 | 国产精品精品久久久久久 | 欧美五月婷婷 | 超碰97成人 | 91麻豆精品在线观看 | 亚洲综合五月天 | 国产外围在线 | 亚洲自拍偷拍在线 | 日韩av首页| 激情小视频在线观看 | 在线免费中文字幕 | 蜜臀久久99精品久久久久久宅男 | 麻豆久久久久久 | 午夜精品久久久久久久久久久久 | 中文字幕在线一区 | 久久久99国产精品免费 | 亚洲精品色 | 手机在线成人 | 在线视频成人 | 精品99在线 | 国产传媒在线观看 | 免费成人av片 | 亚洲啊啊啊啊啊 | 欧美日韩视频 | 久久久国产精品x99av | 日日夜夜草 |