Hopewell's Chinese torture
Article Abstract:
There have been additional costs of around $17.2 million for property and infrastructure concern Hopewell Holdings as it works on the $1.2 billion Guangzhou-Shenzhen superhighway. The company has announced that the money will be accepted as additional shareholders' loans to the road joint venture company. It has encountered difficulties including soft ground in the Pearl River Delta, which forced it to elevate the highway for a considerable distance.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Elevated mass transit project on track. (Hopewell Holdings road and rail project on track)
Article Abstract:
Hopewell Holdings has seen the deadline for receipt of financing plans extended by the Thai governemnt, for the Bangkok elevated road and rail project. Hopewell is planning to have the financing by December in a packaged tentatively arranged by NatWest bank of the UK, Kreditanstalt fuer Wiederaufbau of Germany. $1.2 billion worth of of export credits for the tains will be provided.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Hopewell Holdings faces up to reality. (Hopewell Holdings to sell stakes in Asian infrastructue projects)
Article Abstract:
Hopewell Holdings of Hong Kong, a listed property and infrastructure company, is to sell stakes in the Guangzhou-Shenzhen superhighway infrastructure project and the Bangkok mass transit project. The company is attempting to reduce its debt. Kanematsu of Japan has indicated that it might double its stake in the superhighway.
Publication Name: Privatisation International
Subject: Business, international
ISSN: 0961-4206
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Suharto trims list of projects to be delayed or reviewed. Turmoil brings opportunity for a cleanup in economy
- Abstracts: Processed foods, confectionery and bakery products in France. Processed foods, confectionery and bakery products in Belgium
- Abstracts: Ford, Mazda seen preparing to build plant for pickups. Ford, Mazda to jointly produce pickup trucks at Thailand factory
- Abstracts: Hopeless in Bangkok: Thai infrastructure plans create a new kind of jam. Outcome of Thai election not likely to shift policy
- Abstracts: Japanese buy yen-based foreign bonds at record rates, cutting currency risks