China to invest $1.6b in Thai energy, infrastructure

damBacked by the strong yuan, China International Water & Electric Corporation (CWE), a leading Chinese state utility, said it wants to invest in Thai infrastructure and energy projects at a volume of $1.6 billion, the Bangkok Post reported.

CWE is keen on investing in green energy such as wind, solar and hydropower where it sees potential, its financial adviser, Thailand-based AEC Securities, said, without giving further details about concrete projects or the time horizon of the Chinese investors.

CWE is a state-owned large scale enterprise under the direct jurisdiction of the central government of China, engaging in contracting overseas engineering projects, implementing overseas economic aid projects provided by Chinese government, providing manpower services and handling import and export trading.

It has 13 wholly-owned subsidiaries and holding companies and 18 offices abroad. It is also involved in projects with the World Bank, the Asian Development Bank and other international organisations.



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Backed by the strong yuan, China International Water & Electric Corporation (CWE), a leading Chinese state utility, said it wants to invest in Thai infrastructure and energy projects at a volume of $1.6 billion, the Bangkok Post reported. CWE is keen on investing in green energy such as wind, solar and hydropower where it sees potential, its financial adviser, Thailand-based AEC Securities, said, without giving further details about concrete projects or the time horizon of the Chinese investors. CWE is a state-owned large scale enterprise under the direct jurisdiction of the central government of China, engaging in contracting overseas engineering...

damBacked by the strong yuan, China International Water & Electric Corporation (CWE), a leading Chinese state utility, said it wants to invest in Thai infrastructure and energy projects at a volume of $1.6 billion, the Bangkok Post reported.

CWE is keen on investing in green energy such as wind, solar and hydropower where it sees potential, its financial adviser, Thailand-based AEC Securities, said, without giving further details about concrete projects or the time horizon of the Chinese investors.

CWE is a state-owned large scale enterprise under the direct jurisdiction of the central government of China, engaging in contracting overseas engineering projects, implementing overseas economic aid projects provided by Chinese government, providing manpower services and handling import and export trading.

It has 13 wholly-owned subsidiaries and holding companies and 18 offices abroad. It is also involved in projects with the World Bank, the Asian Development Bank and other international organisations.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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