❗ Exciting News 📣 📰 We're thrilled to announce the final approval of The World Bank's loan for the Hubei #Yichang Urban Transport Low-Carbon Transition Project. This is a significant milestone -- The $250 million project is the largest World Bank loan approved in China this year, accounting for 25% of its annual lending capacity in China, and is the first Programme for Results (PforR) loan project in the country. As proud partners, ITDP China has supported the preparatory work for this transformative program over the past two years, engaging with partners from Yichang and the World Bank through over 70 online and in-person meetings. The planning stage set out a roadmap that contains 16 activities and 15 indicators with four key areas of focus: emission standards, public transit revamp, emissions trading pilots, and global impact initiatives. Upon successful completion in 2028, the project is expected to: ⭐ reduce the city's carbon emissions from the transport sector by approximately 500,000 tonnes; ⭐ increase the average daily ridership of public transport in the urban area by 30%,; ⭐ increase the share of jobs that can be reached within 60 minutes of green transport to 35%. This project will play an important role in helping Yichang's transport sector achieve its carbon peak and carbon neutrality targets, and in creating a pilot demonstration of the city's low-carbon transport transformation, both for China and abroad. Best wishes to our dear partners in Yichang and we look forward to seeing the city drive urban transport towards a low-carbon future! Check out Yichang Chengfa City Development's Wechat post here ➡️ https://lnkd.in/gtRkeYPJ; and World Bank's press release here ➡️ https://lnkd.in/gus3Gz6B #SustainableTransport #GreenCity #ClimateAction #ITDP #UrbanDevelopment #LowCarbonTransition
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🌿 Sabah is on the path to sustainable and diversified economic development! 💼💚 Investments in green tech, renewable energy, and low-energy-intensity sectors are part of the state's commitment to a greener future. MIDE Minister Datuk Phoong Jin Zhe shares insights in an exclusive interview with Daily Express. 🌍 International engagement plays a key role, with working visits to China and South Korea fostering economic collaboration and expanding Sabah's global economic footprint. 🌏💡 🏭 Noteworthy is the Borneo Cement project, a RM2 billion investment creating 1,000 jobs. Sabah aims to add value to its resources, moving from raw material export to finished product production. 🚀🏗️ 💧 On the horizon, a Feasibility Study on Industrial Water Supply holds the potential to address water challenges in Kota Kinabalu, Lahad Datu, and Sipitang. 🚰🔍 🛠️ The Ministry is also dedicated to supporting SMEs, offering programs like SME-UP, SMI Product Centre, Trus-Mide, and SMI product marketing to local supermarkets. 🛍️🚀 🌐 Foreign investments, including projects by SK Nexilis Malaysia, Kibing Group, and Esteel Enterprise Sabah, showcase Sabah's appeal to global investors. 🌏📈 The Task Force Committee within MIDE is actively coordinating investment proposals to drive economic growth. 🔗 The Ministry is working on declaring the POIC Lahad Datu Industrial Park as a Free Trade Zone, further boosting economic activities and international trade. 🌐💼 📈 A study is underway to evaluate the effectiveness of entrepreneurship programs and create a Sabah Entrepreneurship Development Transformation Action Plan (2024-2030). 📊🚀 🇲🇾 Debunking the perception of favoritism, the Ministry emphasizes equal opportunities for both foreign and Malaysian investors. Sabah welcomes contributions from both local and foreign investors, playing a crucial role in the state's progress. 💪🌟 https://lnkd.in/gswqZZTr #SabahInvestment #SustainableDevelopment #EconomicGrowth #InvestInSabah 🌱💼
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📈 Private investment set to soar! 🚀 Malaysia targets 6.4% annual growth, averaging RM301 billion yearly. 🔝💼 🔧 Focus on tech-linked investments in key sectors like electronics, smart farming, and renewable energy. 🌿⚡ 💼 Encouraging firms to invest in machinery and equipment for increased capacity and productivity. 🏭🔌 🌐 Attracting quality investments with frontier technologies and tech transfer. 💡🌏 🌱 Promoting green investments in business operations and renewable energy utilization. 🌍🌿 🎓 Collaboration with institutions and the private sector to boost research, development, and innovation activities. 🤝👩🔬 💰 Public investment also on the rise at 3.9% annual growth, focusing on expanding economic capacity. 🏗️📊 🏭 Exciting new industrial estates and infrastructure projects in the pipeline! 🛣️🏭 https://lnkd.in/ggzAVYUs #InvestmentGrowth #MalaysiaEconomy #TechInvestments
Private investment to grow by 6.4% per annum
thestar.com.my
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HONG KONG, 9 July 2024. CSPI Ratings has affirmed a global scale long-term issuer credit rating (LTICR) of ‘BBB-’ to Ruichang State-Owned Investment Holding Group Co., Ltd. (RCSIH), with a stable outlook. RCSIH’s issuer credit rating is based on a standalone credit profile (SACP) of ‘b+’ and our assessment that the Ruichang government has an extremely strong willingness to provide external support to the company in the event of financial distress. The company is an important infrastructure construction and land consolidation development platform in Ruichang city. It carries out essential responsibilities such as infrastructure construction, land development, and the state-owned asset management and operation within the city. The company also engages in trading business, property management, and labor dispatch services. Ruichang State-owned Assets Affairs Center (RSAAC) holds a 100% stake in RCSIH and is regarded as the company’s controlling shareholder and ultimate controller. KEY RATING RATIONALES Credit Strengths -Key entity in the infrastructure construction and state-owned asset operation in Ruichang City. -Track record of continued and robust support from the Ruichang government. -Strong economic fundamentals of Jiujiang City, and stable credit profile of Ruichang government. Credit Weaknesses -Low operating efficiency and weak profitability. -High financial leverage https://lnkd.in/dZcVfp-q #creditratings #cspiratings #china
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📣 #energyefficiency is vital to Southeast Asia’s energy transition, and will be more important than ever in this critical decade for action. That is why from 2-5 October International Energy Agency (IEA) and the Asian Development Bank (ADB) will be holding the Energy Efficiency in Emerging Economies Policy Training Week for Southeast Asia in Jakarta. The four-day training course, running from 2-5 October, will bring together policy practitioners from around the region to build capacity and explore solutions for implementing effective policy across key energy consuming sectors. Ambitious implementation of energy efficiency policy requires extensive training, exchange of best practice and capacity building. By providing skills for policymakers, we ensure that actions can help improve the affordability of energy services, increase #energysecurity, reduce #emissions and create good quality, local jobs in support of #economicgrowth. If you are an #energyefficiency practitioner with a passion for impactful policy design and implementation, we strongly encourage you to apply here: https://lnkd.in/dxDCGGi2 Find out more here ➡ : https://lnkd.in/dEiCkxEq
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Southeast Asia: 8.5% of the world population, speaking hundreds of languages and the most culturally diverse region of the world; spending less than 5% of the world final energy consumption, split between dozens of economic sectors and feeding extremely diverse habitats and lifestyles. A key focus region for the international energy system, with massive energy efficiency opportunities!
#energyefficiency will be vital to Southeast Asia’s energy transition, and is more important than ever in this critical decade for action. That is why from 2-5 October International Energy Agency (IEA) and the Asian Development Bank (ADB) will be holding the Energy Efficiency in Emerging Economies Policy Training Week for Southeast Asia. The four-day training course in Jakarta will bring together policy practitioners from around the region to build capacity and explore solutions for implementing effective policy across key energy consuming sectors. If you are an #energyefficiency practitioner in the region with a passion for impactful policy design and implementation, we strongly encourage you to apply here: https://lnkd.in/eJ6KKpwT Find out more about the week here: https://lnkd.in/gJyM4GtQ
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Recently, Jakarta Investment Centre (JIC) chaired by Mrs. Kiki Yunita, Head of Investment Promotion held a meeting with the honorable presence of the Chinese Embassy in Jakarta, welcomed by Mr. Qin Wenchao and Ms. Yang Xiaowei from the Economic and Commercial division. The primary objectives of this introductory session were multi-faceted. Firstly, introducing JIC as the official Investment Promotion Agency (IPA) under the Jakarta Provincial Government as well as informing what JIC could provide to investors. Secondly, identifying key investment sectors in Jakarta that pique China's interest. Lastly, mapping the characteristics of Chinese investors and exploring its potential collaboration with Jakarta. The discussions ranged from Regional Owned Enterprise projects in Jakarta to the upcoming JIC Talks on the Economic Outlook of Jakarta in 2024. The discussion spotlighted the concerns of Chinese investors, emphasizing the nuances of license management, permits, land acquisition, and clearance. It also focused on the challenges faced by the China Chamber of Commerce in Indonesia, particularly in facilitating B2G interactions due to limited communication channels. JIC and the Embassy of China underscored the commitment to strengthen collaborative partnerships for the betterment of Jakarta. More information about investment can be found on our website invest.jakarta.go.id. #investNow #investJakarta
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Thrilled to share that Xiufang (Ava) Tu has been actively engaged in closely monitoring and reporting on the ever-evolving landscape of the EU Regulation on #ForeignDirectInvestment Screening: https://lnkd.in/dPj_5MZq In the dynamic realm of #investmentcontrol, staying informed is paramount, and she is committed, with her team, to providing real-time insights into the application of these regulations. The EU Regulation on Foreign Direct Investment Screening is a pivotal framework shaping the investment landscape. By staying on top of its application, we gain a deeper understanding of the factors influencing foreign investments, ensuring transparency, and fostering a secure economic environment. #FDI #InvestmentControl #Screeningmechanism #EURegulation #CorporateLaw #GlobalBusiness #ChinaDesk
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[𝐍𝐄𝐖 𝐏𝐑𝐎𝐉𝐄𝐂𝐓 𝐈𝐍𝐓𝐑𝐎𝐃𝐔𝐂𝐓𝐈𝐎𝐍] 𝐊𝐄𝐘 𝐈𝐍𝐃𝐔𝐒𝐓𝐑𝐈𝐀𝐋 𝐃𝐄𝐕𝐄𝐋𝐎𝐏𝐌𝐄𝐍𝐓 𝐏𝐑𝐎𝐉𝐄𝐂𝐓 𝐈𝐍 𝐇𝐀 𝐍𝐀𝐌 - 𝐊𝐈𝐌 𝐁𝐀𝐍𝐆 𝐈 𝐈𝐍𝐃𝐔𝐒𝐓𝐑𝐈𝐀𝐋 𝐏𝐀𝐑𝐊 The name Kim Bang I Industrial Park in Vietnamese means "Gold land", this is an industrial park oriented towards sustainable development, located in Ha Nam province. This project was established in 2023, is one of the province's newest key projects. The progress of the project is very fast, the industrial park has completed site clearance and is building infrastructure to promptly meet the needs of investors. Kim Bang I IP is attracting a lot of attention from both domestic and foreign businesses, especially Chinese manufacturing enterprises. This project has such an attractive advantage thanks to its attractive location, convenient transportation system, good price and many incentives for investors. 𝑲𝑬𝒀 𝑯𝑰𝑮𝑯𝑳𝑰𝑮𝑯𝑻𝑺: - IP infrastructure developer: KIM BANG INDUSTRIAL ZONE COMPANY LIMITED - Location: Le Ho, Dai Cuong and Dong Hoa commune, Kim Bang district, Ha Nam province - Area: 230 hectares - Operating term: Up to 2073 - Industry: It is a multi-industry integrated industrial park with advanced and environmentally friendly production technology - Construction density: 70%; Maximum height of 5 floors, height less than 45m - Clean water supply station with capacity of 200,000 m3/day; Wastewater treatment station with capacity of 6,200 m3/day - Synchronous internal traffic system, fully equipped communication and telecommunications network. - Incentives: Corporate income tax is exempted for the first 2 years and reduced by 50% for the next 4 years. EPE enterprises VAT tax = 0% ------------------------------------------------------ Kindly contact me for further investment opportunities ☎️ (+84) 92 225 7711 | (+84) 97 966 1405 - Ms. Emma Nguyen ✉️ info@redsunland.vn | info@rslgroup.vn 🌐 https://www.redsunland.vn/ | https://www.rslgroup.vn/ #Investment #RSLGroup #Industrialpark #Industrialland #IndustrialRealEstate #VietnamInvestment #KimBangIIP
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Nam Dinh Vu, the only industrial park (IP) in Haiphong with an internal seaport, ample available land, and cutting-edge technical infrastructure, is ready to hail investors from major markets such as South Korea and Japan. (Vietnam Investment Review). Read the full article for more detail! #Vietnamproperty #industrial #realestate
Nam Dinh Vu Industrial Park set to welcome strategic investors
vir.com.vn
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Selangor is regarded as being at the forefront of Malaysia’s economy due to its ability to benefit from and contribute to some of the economic models established by the Federal government, says Deputy Finance Minister II Steven Sim Chee Keong. Touching on the New Industrial Master Plan (NIMP) 2030 and the National Energy Transition Roadmap (NETR) under the Madani Economy framework, he said the plans will create RM2 trillion worth of business opportunities through various projects until the year 2050. The NETR and NIMP are the two strategic Federal plans where the former aims to achieve net zero carbon emissions by 2050, and the latter is designed to drive Malaysia into a high-tech and industrialised nation
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