Group looks for top property returns

China Overseas Holdings owns more than 660,000 square feet of investment properties (including the Royal Camellia in Hong Kong and the Shenzhen Theatre), which have high occupancy rates.

Tuesday, 14 October, 1997, 12:00am

Coli to invest $1.4b in infrastructure projects

China Overseas Land & Investment (Coli) is to invest about HK$1.4 billion in toll roads, bridges and power plant projects in Shandong and Guangxi provinces.

The property and construction company said it had teamed up with Shandong Province Highway Corp to invest in and operate a bridge and two toll roads, involving a total investment of US$180 million.

3 Sep 1997 - 12:00am

Sugar start

China has established its largest sugar-refining group in the Guangxi region in the southwest, able to produce 230,000 tonnes of sugar a year, reports said.

Nanning Unified Sugar-Refining, recently listed as one of 300 large enterprises that receive major state support, was formed by grouping six state-owned sugar-making enterprises in the regional capital, Nanning.

21 Jun 1997 - 12:00am

Hijacked vessel's cargo 'up for sale'

Local authorities are said to be preparing to sell the cargo of a hijacked ship which has been held in a mainland port for 21 months.

The Cypriot-flagged Anna Sierra, belonging to an Indian state trading firm, put into Beihai, Guangxi, after the hijack off Vietnam in 1995.

14 Jun 1997 - 12:00am

Guangxi rail link opens

China has completed track-laying on a 20 billion yuan (about HK$18.65 billion) southwestern railway link.

Premier Li Peng and Vice-Premier Zou Jiahua attended a ceremony on Tuesday to mark the laying of the final track section in Baise, Guangxi province.

20 Mar 1997 - 12:00am

CIL looks to mainland as issue pays off

Developer CIL Holdings says $65.17 million raised in a share placement and subscription exercise completed yesterday will be invested in mainland property.

Chairman and managing director Joseph Szeto said it would invest $45 million in two development projects in Beijing and Shanghai.

4 Mar 1997 - 12:00am

Pupils aim to build school

Poverty Peelers has finally achieved its goal and students of Shatin College are preparing to build a school in the countryside of Jinxiu and Wuxuan with $90,000 collected over the past year.

Poverty Peelers is a charity project started by students at the college in August last year to help counter poverty in rural China.

13 Sep 1996 - 12:00am

US firm outlines key strategies with power plays

Illinova Generating Co of the United States is to invest US$150 million to build thermal power stations in China and India over the next four years.

Company vice-president Gary Hickey said the two countries would account for half of its worldwide investment plans until 2000.

11 Sep 1996 - 12:00am

Vision of a manufacturing centre for the 21st century

Liuzhou is to undergo rapid expansion and improve its infrastructure over the next five years to meet a forecast large increase in the city's population.

Fifteen satellite towns and suburban areas are to be built by the year 2000.

11 Jul 1996 - 12:00am

Projects to raise standards

Regional authorities plan infrastructure projects in poorer areas to boost the economies and the standard of living.

Officials in the western provinces aimed to improve transport systems and exploit energy resources, Xinhua (the New China News Agency) said yesterday.

13 Jun 1996 - 12:00am

China Light consortium in China plant bid

China Light & Power (CLP) has confirmed that its consortium will submit a proposal today to build the Laibin B Power Plant in southwestern China's Guangxi Zhuang Autonomous Region.

7 May 1996 - 12:00am

Bidders withdraw from 'painful' power project

Four international consortiums have withdrawn from one of China's first build-operate-transfer (BOT) power projects and others have re-grouped before bidding even starts in the expectation of financing difficulties and stiff competition, according to market sources.

3 May 1996 - 12:00am

The long march out of poverty

THE PROBLEM In the beautiful but cruel Karst mountains of the southwest live 25 million of the poorest people in China - most in hamlets like Biao Liao, a long hike down a stony path that winds among the strange limestone hills.

Along the track, sweating men trudge to the nearest dirt road, carrying bundles of bamboo shoots on their backs.

28 Apr 1996 - 12:00am

HK firm charged with steel smuggling

A Guangxi state-owned enterprise and a Hong Kong firm have been accused of 'smuggling' sugar and steel to Guangdong worth 435 million yuan (HK$403 million).

The case has aroused serious concern among leaders in Beijing who have ordered a crackdown on smuggling and tax evasion.

20 Apr 1996 - 12:00am

Laibin fires foreign hopes

How can anyone afford to invest in the Laibin B power plant? How can anyone afford not to? That is the dilemma facing foreign power developers as they mull over whether to submit a bid in May for China's first Build-Operate-Transfer (BOT) power project to be built without central government guarantees.

14 Mar 1996 - 12:00am