China SINOMACH Heavy Industry signs railway expansion project in Iran -- China SINOMACH Heavy Industry Corporation recently signed a contract with Iran’s transportation ministry on the expansion project of Teheran-Hamadan-Sanandaj (T-H-S) railway, according to a report from www.bhi.com.cn. The project will last four years with an investment of 5.349 billion yuan (about 844 million U.S. dollars). With a total length of 470 kilometers, the railway expansion project will be designed and constructed by SINOMACH Heavy Industry, who is the prime contractor of the project. The railway project is one of the three key railway projects of the country’s transportation ministry. Upon completion, it’s expected to relieve transportation pressure of west Iran and improve people’s well-being.
Chinese firms sign 2nd stage supply contract for Vietnam thermal power plant -- Dongfang Electric Corporation and China Huadian Engineering Co., Ltd. have held a contract signing ceremony on supplying facilities for two 660 MW power sets of the second stage of a thermal power plant project in Vietnam, according to a report from www.bhi.com.cn. The coastal power plant, is one of the key energy construction projects in Vietnam and upon completion of all three phases, it will become the largest power plant in Vietnam.
Chinese company launches groundbreaking ceremony for textile factories in Malawi -- A Chinese company on Mar. 19 launched a groundbreaking ceremony for textile factories in Malawi, which the government says will greatly promote its industrialization drive. China-Malawi Cotton Company builds the factories in Malawi's central Salima district, about 93 km from the capital Lilongwe, with an investment of 44.2 million U.S. dollars in the first phase and a further 36 million dollars in the second phase. The first phase of the project will be completed in June next year and 1,500 local people will be employed.
Chinese consortium wins contract for Bangladesh's power project -- A consortium that includes China National Technical Import and Export Corporation (CNTIC) and China National Corp. for Overseas Economic Cooperation (CCOEC) has been awarded a contract for a Bangladesh power plant. Bangladeshi Ashuganj Power Station Company Limited (APSCL) on Mar. 20 signed an engineering, procurement and construction (EPC) contract with the consortium of two Chinese firms for the installation of the 420-MW coal-fired power plant. The power project will be implemented at Ashuganj in Bangladesh's Brahmanbaria district, some 109 km northeast of capital Dhaka. The project will be fully completed in three years, and go into commercial operation and be connected to the national grid by April 2021.
China to assist Myanmar to build new bridge in northern state -- China and Myanmar on March 20 signed a letter for implementing the China-aid new Kunlong Bridge Project in Myanmar's northern Shan state to replace the old one. The new bridge project, located on Theinni-Kunlong-Chinshwehaw road and crossing the Thanlwin River, extends about 4.2 km in total. The length of the bridge is about 323 meters and the linking roads are about 3.9 km. The project would specially facilitate the transportation of Myanmar's agricultural and livestock products to China, thus boosting the rapid development of border trade between the two countries. It would also further push the prosperity of neighboring Mengding-Chinshwehaw border gate and raise the level of employment as well as the income of the local inhabitants.
Construction of Chinese-led port kicks off, aims to boost logistics capacity in NE Brazil -- A consortium led by China Communications Construction Company on Mar. 16 laid the foundation stone for the construction of a port here that aims to boost regional development and strengthen economic ties between China and Brazil. The Port of Sao Luis project is being undertaken in collaboration with Brazilian companies WPR and Lyon Capital, and the Chinese company holds a 51 percent stake in it. Construction of the port will take four years and cost some 800 million reais (243.8 million U.S. dollars), while generating some 4,000 jobs. The port will have an estimated annual handling capacity of 10 million tons of cargoes, of which 7 million will be grains -- especially soybean and corn. Some 1.5 million fertilizers and 1.5 million general cargoes will make up the rest. In addition, the port is expected to be able to accommodate 1.8 million cubic meters of oil products.
CNPC to build 8 gas storage facilities in SW China -- China National Petroleum Corp. (CNPC), the country's largest oil and gas producer, plans to build eight gas storage facilities with a total capacity of 21 billion cubic meters, according to a forum that concluded on Mar. 18. The gas storage facilities, located in southwest China's Sichuan Province and Chongqing Municipality, will cost more than 21 billion yuan (3.3 billion U.S. dollars), said Ma Xinhua, general manager of PetrolChina Southwest Oil and Gasfield Company, a CNPC affiliate. The first phase of the project, to be built on the basis of two depleted gas fields, will have a capacity of 1.28 billion cubic meters, said Ma. Currently, natural gas makes up 46.4 percent of CNPC's total oil and gas production, becoming a new growth point for the company.
Bangladeshi, Chinese companies team up to build 162-megawatt power plant -- A consortium of Chinese and Bangladeshi companies will build a 162-megawatt furnace oil-based power plant in Bangladesh. Bangladesh's cabinet committee on purchase on Mar. 14 reportedly approved the plant which will be run under the build-own-operate basis for 15 years. The consortium, comprising a Chinese coal power company, Bangladeshi Icon Enterprise Ltd. and Chase Power Ltd., will set up the plant in the country's Manikganj district, some 63 km northwest of capital Dhaka.
In line with a proposal paper, the Bangladeshi government will buy electricity from the plant at 10.5350 dollar cents per kilowatt hour.
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