ANS 0.00% 1.7¢ austsino resources group limited

Ann: Suspension from Official Quotation, page-18

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  1. 3,331 Posts.
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    Correct - Chinese SOE's will fund port and infrastructure etc..so its all about providing a framework to establish the required consortium of expertise to fund or assist in sourcing the funding to construct the infrastructure and to bring projects into operation.

    eg. take Tidfore as example
    They is a private Chinese company established under the laws of the Peoples Republic of China
    It is involved in supplying, manufacturing and installing high-end material handling, port and offshore engineering equipment.

    Tidfore has signed a Joint Venture Framework Agreement with China Civil Engineering Construction Corporation (CCECC). CCECC is a subsidiary of the state-owned enterprise China Railway Construction Corporation (CRCC).

    In particular, Tidfore has responsibility for the port construction and CCECC for the railway construction

    so get some financial backing and its all go
    Last edited by Graphite101: 06/09/18
 
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