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2022-10-23
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Li Keqiang visited Colombia to lead Chinese enterprises to develop infrastructure business opportunities

Li Keqiang visited Colombia to lead Chinese enterprises to develop infrastructure business opportunities

China Construction Machinery Information

Colombia began to promote the "second four-year national development plan ()" last year, with a budget of $350billion, of which 30% will be invested in infrastructure construction. During Li Keqiang's visit, China and Colombia are expected to sign a series of cooperation agreements in manufacturing, agriculture and other fields. It is also expected that Chinese enterprises will participate in the huge infrastructure investment plan announced by Colombia last year

on May 20 local time (21 Beijing time), Premier Li Keqiang of the State Council will visit Colombia. Colombia is the third largest economy in Latin America with rich oil and coal resources. During Li Keqiang's visit, China and Colombia are expected to sign a series of cooperation agreements in manufacturing, agriculture and other fields. It is also expected that Chinese enterprises will participate in the huge infrastructure investment plan announced by Colombia last year. Among the enterprise delegations that accompanied Premier Li Keqiang to visit Latin America, there were dozens of powerful Chinese enterprises such as China Railway, China Harbour, China Hydropower and the Yangtze Three Gorges group

Premier Li Keqiang's visit coincides with the 35th anniversary of the establishment of diplomatic relations between China and Colombia after their inclusion in the CPLD, and is also the first visit by a Chinese Premier in 30 years. During the visit, Premier Li Keqiang will hold small-scale meetings and large-scale talks with President Santos, and attend the welcome ceremony and signing ceremony

at the briefing before Li Keqiang's visit, the Chinese Ministry of Foreign Affairs said that Colombia is China's fifth largest trading partner in Latin America and China is Colombia's second largest trading partner in the world

according to the news obtained by this newspaper from the Colombian embassy, at present, the main industries in which China invests in Colombia are telecommunications, oil and gas, and infrastructure

in the field of infrastructure construction, major projects at present include six airport operation and management projects, including the Magdalena project planning participated by Sinohydro and the verification regulation of the electronic universal testing machine of Mai in north central Colombia participated by capital airport group, which is more suitable for the verification of the electronic universal testing machine

last year, Columbia Magdalena River regional autonomous company spoke highly of the planning results of hydropower in China, and the company has established a cooperative relationship with the Chinese government, especially the China Hydropower Consulting Group. The local government said that this cooperation will not end with the submission of the comprehensive plan

Colombia began to promote the "second four-year national development plan ()" last year, with a budget of 350billion US dollars, of which 30% will be invested in infrastructure construction

according to the financial times, there are 40 toll road projects in the $50billion transportation infrastructure plan; It also includes the railway, the cleaning up of Magdalena River, the upgrading of port facilities and the expansion plan of the capital Bogota airport

at the same time, the Colombian government plans to build 7000 kilometers of roads in the next five years. The highway will be developed in the cooperation mode of government and social capital (PPP), and Columbia construction company will be granted a 25 year franchise

after the release of the Colombian government's infrastructure plan, many governments have begun to strive for new project contracting opportunities. South Korean President Park Geun hye and Colombian President Santos attended the South Korean Columbia Business Forum held in Bogota, the capital of Colombia, on April 17. At the forum, South Korean financial circles expressed the hope that the Colombian government and financial circles would actively support South Korean enterprises to enter the local infrastructure construction market

according to the data, there is still much room for the development of bilateral economic and trade exchanges. In 2014, the total bilateral trade volume was US $15.64 billion. China's main export electrical and electronic products, and high-performance modified nylon products produced by machinery companies were all used in the construction machinery products, computer and communication equipment, textiles, metal products and other products of China's first railway express passenger dedicated line - Qinhuangdao Shenyang passenger dedicated line; Import refined oil, coal, nickel iron ore, waste copper, leather and waste aluminum, etc. China has become the second largest trading partner of Colombia

Matt ferchen, a resident researcher of Tsinghua Carnegie Center for global policy, believes that although China still has closer economic relations with Cuba, Venezuela and other countries in Latin America, perhaps China can obtain greater economic benefits from the "Pacific Alliance" countries

the Pacific Alliance is a trade organization established by Chile, Peru, Colombia and Mexico in 2012. The Pacific Alliance free trade area is a large market composed of 206 million people, with a total GDP of more than US $2 trillion. The economy accounts for 35% of the total economy of Latin America and the Caribbean and 55% of the region's exports. Colombian "Briefcase" published a report, saying that economists predict that there will be many variables in the economic development in 2015, and it is expected that the economic growth will be lower than the government's expectation, maintaining at about 4%

however, the Colombian economy is still facing many challenges: in the international environment, the US dollar exchange rate may fluctuate greatly, the future price trend of oil is uncertain, the price of bulk products will remain low, and foreign investment is likely to decline. In terms of domestic environment, the peace negotiation process is remarkable. The election of provincial mayors will be held at the end of October. The inflationary pressure will further increase. The effect of tax reform remains to be seen. The sluggish export will continue. Domestic consumption is difficult to take the lead, and employment pressure still exists

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