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22 THE EXPORT-IMPORT BANK OF CHINA ANNUAL REPORT 2012
Major Projects
1. Export of Jack-up Rigs, Dalian Shipbuilding Industry Co., Ltd.
In 2012, the Bank signed a loan agreement
with Seadrill Co.,Ltd. of Norway to support
it in purchasing jack-up rigs from Dalian
Shipbuilding Industry Co., Ltd.
This project helped Chinese shipbuilders
export offshore platforms with high added
value and high technology, which could
3. Penang Second Bridge, Malaysia
In 2012, the Bank provided preferential loan
to the construction of the Penang Second
Bridge in Malaysia.
This project aimed to share the pressure on
the Penang First Bridge and further stimulate
local economic growth. Upon completion,
the bridge will become the longest cross-sea
bridge in Southeast Asia.
2. Advanced Oil Processing Center at Atyrau Oil Refinery Plant, Kazakhstan
In 2012, the Bank supported the Advanced
Oil Processing Center at Atyrau Oil Refinery
Plant in Kazakhstan by its export buyer’s
credit.
This was a key project supported by the
government of Kazakhstan in its effort to
develop its industrial sector. The project will
enhance the deep processing capability of
the plant and its refinery efficiency, improve
the livelihood of the local people and promote
economic growth.
enhance their design and construction capability
in the offshore engineering field and increase
their market recognition and competitiveness.
23THE EXPORT-IMPORT BANK OF CHINA ANNUAL REPORT 2012
Major P
rojects
4. A Road of Friendship between China and Pakistan
In 2012, the Bank used its preferential loan
to support the upgrading and reconstruction of
the Karakoram Highway, a road of friendship
between China and Pakistan.
This project will guarantee that the road
channel for China-Pakistan economic and
trade exchanges will be unimpeded. In
addition, this road is the only one connecting
northern Pakistan to the capital and southern
coastal areas. It will play a significant role in
5. Central Heating Project, Xujiadongshan, Qingdao
In 2012, the Bank used German Promotional
Loan to support the Xujiadongshan Central
Heating Project.
This project will meet the heating needs of
public buildings as well as residential houses
in the central area of the North District of
Qingdao and improve the local environment
and people’s living standards.
promoting social and economic development in
areas along the road, facilitating border trade
between China and Pakistan and enhancing the
traditional friendship between the two countries.
6. Inland Waterways Dredging Project, Shanghai
In 2012, the Bank provided financing support
to the dredging work of inland waterways in
Shanghai, a city that is striving to build itself
into an international shipping center.
This project will help make the best use of
the advantages of inland waterways transport,
which is demonstrated by big capacity, low
energy consumption, low cost, high safety
and efficiency and environment-friendliness.
It will enhance transport capacity of the
Shanghai harbor and help Shanghai become
an international shipping center.
24 THE EXPORT-IMPORT BANK OF CHINA ANNUAL REPORT 2012
Major Projects
7. Product Export, XCMG Group
In 2012, the Bank provided export seller’s
credit to XCMG Group to support its high-end
machinery export.
This project played an active role in pushing
forward the implementation of the company’s
strategy of internationalization, helped to earn
foreign exchanges through exports, increased its
profits and further strengthened its machinery
manufacturing capability.
8. Merger of AMC PLC America, Dalian Wanda Group Co., Ltd.
In 2012, Dalian Wanda Group Co., Ltd
merged AMC PLC America with the support
of the Bank’s overseas investment credit.
This project marked a new breakthrough in the
attempt of Chinese companies to “go global”
in the culture and communication sector and
made the Chinese cultural industry more open
and commercial.
9. Ice and Snow World, Harbin International Ice and Snow Festival, Harbin
In 2012, the Bank provided financing support
to the construction of the Ice and Snow World
of the Harbin International Ice and Snow
Festival.
This project effectively enhanced the international
image of Harbin as a city of ice and snow, and
added more culture and tourism value to the Ice
and Snow Festival.
25THE EXPORT-IMPORT BANK OF CHINA ANNUAL REPORT 2012
Major P
rojects
10. National Institute of Sport in Equatorial Guinea, Yunnan Construction Engineering Group Co., Ltd.
In 2012, the Bank provided loans for
overseas project contracting to Yunnan
Construction Engineering Group Co., Ltd. for
the construction of the National Institute of
Sport in Equatorial Guinea.
The implementation of this project will improve
the infrastructure in Equatorial Guinea, raise
local education level, promote local economic
growth, and strengthen economic and trade ties
between China and Equatorial Guinea.