CHINAL ALUMINIUM COMPLEX
The London Consortium (comprising Clivia House Ltd, Hawker Siddeley, Balfour Beatty, Seltrust Engineering and Ferrostaal AG), are seeking
Chinese approval for a joint venture with a Hong Kong-based company
to build gas fired aluminium smelter/alumina refinery complex on
Hainan Island, Province of Guangdong. Estimated cost is £1 billion
with UK content £500m.
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BEIJING SUBWAY
Chinese officials recently asked Balfour Beatty as representatives
of the UK Metrotec group whether they could help in modernising the Beijing Subway. Initially conversion of the present third rail
electric system to an
an overhead system is contemplated.
Extensions
of the network could follow. Metrotec envisage a design study
worth some £3-5 million which may well lead to further UK
involvement.
ROYAL MINT
The Royal Mint is currently negotiating with the China Mint Company (a subsidiary of the People's Bank of China) to advise on the
construction of a new Mint and for the supply of plated coin blanks or plating technology. Further discussions will be held when the Mint's commercial director visits China in January.
No comments yet.
Private notes are available after approval.