中铁多经投资集团有限公司
China Railway Investments Group Limited
Strengths of China Railway Investments Group
ChinaMinistry of Railways has witnessed a huge success on reestablishing railway industry system after the reform and opening-up. Based on that, China Railway Investments Group consists of many enterprises(such as railway planning and designing enterprises, construction enterprises, manufacturing enterprises, operation and management enterprises and investment enterprises. ChinaMinistry of Railways has successfully completed this mission and has been revoked on March 14, 2013). China Railway Investments Group enjoys the following advantages:
I. The Advantage of Combinational Ownership System (state-owned and private joint-stock)
China Railway Investments Group Co., Ltd. was once the China Ministry of Railways owned enterprise. In 1998, according to the requirement by the congress (supply multimedia information systems to the trains and train stations), Guangdong Railway Media Group was established. In 2001, to better operating with flexibility and also to conducting the reform of China railway system, the company implemented a joint-stock reform. And then it made more than thirty railway projects to be listed. In 2007, an additional of 80 million Yuan registered capital was invested, the company reorganized as China Railway Investments Group Limited. After several reconstructions, the corporation enhanced the flexibility, decision-making efficiency and vitality. The company has achieved a continued fast development. And all these have contributed to the integrated corporations today which have numbers of enterprises both domestic and abroad.
II. The Advantage of Strong Ability of Project Design, Plan, Organization and Coordination
The Previous China Ministry of Railways has more than 3 million staff and many departments which include the academy of sciences, institute of design, communications and signals corporations, China Railway Group, China Railway Construction Corporation, the South / North Vehicle Corporation, as well as listing companies under the 25 construction Bureaus and so on. If any foreign companies or foreign projects want to seek cooperation with China railway, it is absolutely a great choice to work with China Railway Investments Group who is familiar with all kinds of stuff about railways in China and is professional in coordinating and integrating resources among them.
III. The Advantage of Strong Capability in Resources Integration and Project Development
China Railway Investments Group, approved by the Ministry of Commerce, had established China Investment Group (Hong Kong) Limited and China Railway International Investment Group Limited. With these two major centers, we had conducted international co-operations and investments. In the five years from 2006 to 2011, we had developed 20 foreign partner companies, 5 Sino-foreign joint ventures in China, 6 China owned subsidiary companies and 3 secondary subsidiaries in China. Our business has covered railway E-commerce, railway hotel chain, railway farm development, the reconstruction of the old railway station, railway vacant land development, warehousing, transportation of coal, oil, natural gas and other projects.
IV.The Advantage of Rich Experience in Large International Projects
In addition to the success of international investments and operating mentioned above, China Railway Investments Group also deeply involved in Thailand High-Speed Railway and the United States East Coast High-Speed Rail project.
Thailand's high-speed rail: In order to implement the preliminary high-speed rail agreement reached by the two prime ministers of China and Thailand, China Railway Investments Group and the Thai authorities co-established China Railway TAKAWA Holdings Limited. And it has been approved by the China Ministry of Commerce. The company is working with the Thai government, seeking a variety of joint ventures opportunities which include business of finance, development, construction, operation and etc. It is trying to form a Sino-Thai railway cooperation zone. China Railway Investments Group has coordinated and mobilized all available resources to the need of high-speed railway construction in Thailand. However the project was delayed due to the political instability in Thailand. The project is still being pushed.
The U.S. East Coast high-speed Rail Project: In order to implement a preliminary agreement of Sino-US high-speed rail strategic and economic dialogue, China Railway Investments Group and the U.S. partner company had co-established the U.S. East Coast high-speed railway Co., Ltd., which intends to finance $ 400 billion by issuing bonds and providing investment immigration opportunities. China Railway Investments Group has set up a special team from 30 units of China railway to the U.S.
V. The Advantage of Flexible Management System
Due to the advantages of corporation in Hong Kong, the company shows more flexible and convenient in terms of personnel arrangements, funds mobilization, financing, incentives etc., compared to the state-owned enterprises. And that is the key point to improve the efficiency.
China Railway Investments Group Limited.
March, 2014