68 billion big one china construction bank on business in the association of southeast asian nation

"9 years in the past, who can not think of so many Chinese enterprises to ASEAN countries to do engineering, of course, can not think of ASEAN countries who contract engineering market will grow so quickly." Guangxi Construction Engineering Group Construction Co., the fifth liability company (hereinafter referred to as the construction of Guangxi 5) have studied, chief economist Ren emotion.

Built Guangxi Guangxi five largest categories of the most complete and comprehensive construction manufacturers, have studied the first time Jen 2000 visit to Vietnam, project contracting market in the country, the first feeling was: "economic backwardness, narrow market space . "after the government under the coordination of five built that year to enter Vietnam in Guangxi, the contract amount is only around 1 million.

After a lapse of 9 years, ASEAN countries become an important overseas project contracting market and the labor market. As of July 2009, China and ASEAN signed a contract total amount of 68.08 billion U.S. dollars project contract to complete the turnover of 40.58 billion U.S. dollars.

Have studied Yan told reporters that the five built in 2009 in Guangxi 3.8 billion contract to complete contracted projects, the Vietnamese side for the 72 million or so, "the amount was quite small, but compared to 9 years of growth for several times, and is currently the intention of the contract in the ASEAN countries have 300 million U.S. dollars, growing space so I am very surprised. "

Current contract works to the ASEAN region, mainly in emerging developing countries, including Malaysia, Indonesia, Vietnam and other countries of strong demand, mainly for electricity contract engineering, equipment manufacturing, Chemical industry , Road and bridge, and housing industries.

"The Chinese reputation and, abiding by contract, to do the project quality is relatively good, so popular in ASEAN countries in particular." Guo Xue-Ren said, except for some Chinese enterprises in ASEAN countries, foreign investment, foreign investment and ASEAN owners of the country is also China's major employers contracted engineering firm, "has just been developed in many countries of ASEAN, if the construction of some large projects in the organization of labor, skilled workers are more or less respect there are some problems, the project is completed somewhat longer . " Jen seems to have studied

in the ASEAN market and other areas of contracting the same project, will face competition from domestic counterparts, but not less intense domestic competition, the Association of Southeast Asian Nations to maintain the profitability of the project at 8% The multi-national project of 5% or less, or even as low as 2% -3%.

ASEAN countries mostly in developing countries, these countries, commercial credit and plan to be perfect, as Chinese enterprises to enter the ASEAN's largest engineering contractor trouble. Guo Xue-Ren example, construction of Guangxi, the previous five-Da Nang in Vietnam to build a five-star Hotels The total investment of 100 million US dollars hotel, previously under contract, in the construction project owners to set a good sense of the contract gets himself into trouble, they want to be revised.

Old vice president of Guangxi Social Science Small Song Boshi that, except for the differences in business practices, cultural customs and religious beliefs also need to be resolved in the enterprise, "Southeast Asian countries, religious beliefs vary widely, both Islam and Buddhism also, Confucianism, from leading to different life and work and rest time. In this regard, US-and Japanese enterprises are doing well, such as reusing the local managers, while Chinese companies more willing to use the internal troops. "

Have studied Jen confirmed that went to Vietnam for a variety of visa is valid for six months, up to now only three months, leading to increased business costs. "Chinese companies should be more integrated into local, more hiring local workers." Guangxi five construction, for example, its current ratio of each project, basic maintenance of the Vietnamese workers at 30% -50%.

Have studied Ren suggested that the Chinese Government and the ASEAN countries can exchange more on labor negotiations, "such as near the border of the enterprise, can recruit some of the ASEAN labor to China, because of low wages and the ASEAN countries, and so would reduce the corporate costs, but also solve more Chinese workers in the other country's sensitive issues. "

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