Summary: recent major developments in the international engineering market.
Source:​ | Author:zhonghailian | Published time: 2020-10-12 | 709 Views | Share:
Summary: recent major developments in international engineering market
01 [to sign]! The latest development of China Thailand high speed railway
The formal contract for the China Thailand high speed railway project is expected to be signed on October 29.
On September 29, local time, the Thai cabinet approved the resolution on Revising the 2.3 contract content of Thailand China railway section from Bangkok to Korat at at the regular meeting, that is, increasing the investment from THB 38.558 billion to THB 50.633 billion, and modifying some design schemes to reduce the later maintenance cost.
As part of the first phase of Bangkok Langkai high-speed railway invested jointly by Thailand and China (Bangkok to Korat), the revised contract will be more perfect, such as: investment budget, employment agreement, signal system, track system, electromechanical system, EMU procurement and technical personnel training, etc
02 the Angolan government plans to launch tens of billions of US dollars PPP project
According to Milton Reis, State Secretary for planning affairs in Angola, the authorities plan to launch 41 potential investment projects, which are estimated to involve roughly tens of billions of dollars, mainly involving railway, expressway, hydropower projects, etc.
The project will be conducted in the PPP mode, and the authorities are currently determining the details of the PPP project preparation, negotiation and start-up process.
03 the government of Guinea plans to launch 70000 condominium housing construction projects in 2021
Recently, the Guinean government held the launch ceremony of the "presidential plan for social housing". President Kongdai attended the launch ceremony through video conference mode.
According to the plan, it is provided by the Guinean housing financing agency é Led by enne pour le final Du logentry:aguifil), 70000 social housing projects will be launched throughout Guinea in 2021.
Among them, 10000 residential buildings are built in the capital city of Conakry; In addition, 60000 residential buildings are built in the capital cities of the following four major districts: kinda, mamou, Kankan, and n'z of nzerekole é r é kor é。
 The social security houses will be sold to the public officials, vulnerable groups and the general public at a lower cost.
04 Vinci signed the 1.3 billion euro PPP expressway project in Kenya
In the presence of the presidents of the two countries, the joint venture led by Vinci signed a PPP highway project of 1.3 billion euros in Kenya in Paris.
The consortium is composed of Vinci meetings and meridian SAS, an infrastructure operating company. The highway is 175km long, and the consortium will be responsible for financing, construction and operation of the project, with a franchise period of 30 years.
The project is the first PPP project of Vinci contracts in Africa, with the project financing closing period of 2021.
The construction period of the project is expected to be 42 months, and the contractor is sogea satom and Vinci construction terrassement, subsidiary of Vinci construction in Kenya.
05 South Africa plans to issue green bonds to fund infrastructure projects
South Africa is reportedly planning to use global investor interest in green bonds to fund infrastructure projects worth up to R 2.3 trillion over the next decade.
President ramafosa said winning private sector support and streamlining the project approval process would be key to infrastructure development, the only way to save the recession that has been falling into recession for years.
In July, the government announced 62 priorities for phase I, but the Minister of public works said the first phase project was short of r140bn and would use green bonds to raise capital.
The South African Association for savings and investment said that the establishment of the National Infrastructure Office could change the situation, not that the private sector did not want to invest in infrastructure projects, the common problem of infrastructure projects was that they were too decentralized, that there was a lack of coordination between the central and local governments and the lack of capacity to assess and fund projects.
The Minister of public works and the presidential office for infrastructure investment have begun consultations with investors to launch the green bond program by the end of this year.
06 Mexico started $14billion in infrastructure projects
On October 5, the Mexican government signed an agreement with private sector representatives to launch infrastructure projects totalling about $14billion to boost economic recovery. The projects are part of the national infrastructure plan (PNI) that Mexico has redrawn.
The project signed by the contract includes 39 projects, including 28 expressway projects, 2 port projects, 2 railways, 2 water treatment projects and 5 energy projects. Seven of them are already under construction, nine are scheduled to start by the end of the year, and the rest will be launched in 2021.
In the coming months, more projects are expected to be announced as the government and the private sector have completed the feasibility, analysis and authorization of a number of PPP projects.
ADB will provide 200 million US dollars to Uzbekistan to help reform the power sector
ADB announced on its official website that it would provide $200million in loans to Uzbekistan to help reform its power sector.
The reform programme will provide budgetary support and targeted policy measures aimed at restructuring the power sector, ensuring fair and transparent competition, creating an enabling environment for private investment and protecting consumer rights and interests.
It is reported that the reform plan is supported by the joint financing of ADB and the French Development Agency, including the ADB providing $200million loans and French Development Agency (UNDP) with 150 million euros (about $169 million) of loans.