China has hammered out many deals in infrastructure in the 2013. It is looking for investment returns outside of China and has been very successful in increasing trade relations and investments in emerging economies. They plan to double their trade in Central and Eastern Europe in the next five years. They have a long term strategy in African continent to enhance their trade. They have also steadily increased their trade relations with Latam and the countries are in willing to co-operate for better relation and infrastructure developments. Apparently these are the next emerging business hotspots.
Chinese are pioneering the technologies of rail system and have been successful to sell it countries that are in need of rail infrastructure. Their most recent projects include connecting Mombasa to Nairobi in Africa, China will also help build the rail line between Serbia and Hungary, in Romania Chinese will also help build a high speed rail system. China has loaned USD 10 billion to develop new metro and rail systems in Argentina. The dragon country has bagged road projects in Serbia, Tanzania and it actively seeks to create a stronger and economically lucrative belt among the Central and Eastern Europeans countries. In 2013 it has signed deals worth USD 50-USD 70 billion in that region.
China has actively taken up projects in the energy sector as well. It will build some USD 1.3 billion Zungeru Power Plant in Nigeria, they are also building power plants in Morocco, investing USD 2.1 billion in Zimbabwe to develop solar power. Chinese companies are developing solar plants in Chile. China will construct dams in Argentina valued at around USD 4 billion; they will also invest to develop oil wells in Venezuela.
China has not shied away from the telecom sector amidst the transportation and energy deals. Although the investments in this sector have not made heads turn, nevertheless the interest in these geographies remained steady. Ethiopia has signed an USD 800 million deal with Chinese telecom giant ZTE to expand its mobile phone network.
Infrastructure companies may have to look at China’s advances to align their market sector and geographic spread. Slowly but steadily China will create new opportunities for business, understandably Chinese companies are benefitting from the present developments. China has set the wheel of infrastructure rolling in these geographies. These countries could be strategic game changers for the players to build the next level of developments and also establish themselves as major players in their respective sectors. Some of these countries are looking at China to make investments and fund projects. However challenges are abound including: geopolitical, demographic and financial markets. How each of the players adapts to these challenges depends on strategies that they adopt. One thing is clear that opportunities for businesses are rising and China has already tapped the markets.
Chinese are pioneering the technologies of rail system and have been successful to sell it countries that are in need of rail infrastructure. Their most recent projects include connecting Mombasa to Nairobi in Africa, China will also help build the rail line between Serbia and Hungary, in Romania Chinese will also help build a high speed rail system. China has loaned USD 10 billion to develop new metro and rail systems in Argentina. The dragon country has bagged road projects in Serbia, Tanzania and it actively seeks to create a stronger and economically lucrative belt among the Central and Eastern Europeans countries. In 2013 it has signed deals worth USD 50-USD 70 billion in that region.
China has actively taken up projects in the energy sector as well. It will build some USD 1.3 billion Zungeru Power Plant in Nigeria, they are also building power plants in Morocco, investing USD 2.1 billion in Zimbabwe to develop solar power. Chinese companies are developing solar plants in Chile. China will construct dams in Argentina valued at around USD 4 billion; they will also invest to develop oil wells in Venezuela.
China has not shied away from the telecom sector amidst the transportation and energy deals. Although the investments in this sector have not made heads turn, nevertheless the interest in these geographies remained steady. Ethiopia has signed an USD 800 million deal with Chinese telecom giant ZTE to expand its mobile phone network.
Infrastructure companies may have to look at China’s advances to align their market sector and geographic spread. Slowly but steadily China will create new opportunities for business, understandably Chinese companies are benefitting from the present developments. China has set the wheel of infrastructure rolling in these geographies. These countries could be strategic game changers for the players to build the next level of developments and also establish themselves as major players in their respective sectors. Some of these countries are looking at China to make investments and fund projects. However challenges are abound including: geopolitical, demographic and financial markets. How each of the players adapts to these challenges depends on strategies that they adopt. One thing is clear that opportunities for businesses are rising and China has already tapped the markets.
