1. 2 table of content 1.introduction of cmc 2.cmc’s turkey high-speed railway project 3.advantage...
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Table of ContentTable of Content
1.1. Introduction of CMCIntroduction of CMC
2.2. CMC’s Turkey High-speed Railway CMC’s Turkey High-speed Railway ProjectProject
3.3. Advantage of CMC on Project Advantage of CMC on Project ContractingContracting
4.4. Preliminary ProposalPreliminary Proposal
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1. Introduction of 1. Introduction of CMCCMC
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China National Machinery Imp. & Exp. Corp., a.k.a CMC, founded early in 1950, is a large SOE earliest engaging in foreign trade of machinery & electronic products and overseas construction project.
CMC
Our Organization
President
Vice Presidents
Functional Depts.
Main Stock Holding & Joint Stock Enterprises
Business Depts.
Domestic Subsidiaries
Overseas Orgs
BusinessScopeImport and Export
International contracting Project investment & financing
Bidding and procurement
Auto Sales
Energy IndustryLight IndustryTransportationBuilding Materials
Energy equipmentLocomotives Rolling stocksShipsAutomobilesAircraftsCompleted plants
Export of labor service
PPPBOOTEquity investment
Mercedes-BenzToyotaSpecialty automotive
TechniciansWorkers
Government ProcurementBidding
Business Scope
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CMC’s HonorsCMC’s Honors
On the rank list of America’s ENR, CMC has been listed into the ranks of TOP 225 International Contractors three times in succession since 2004.
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1 Excellent credit
2 Close ties with governmental departments
3 Strategic cooperative relations with partners
4 Shining Achievements
5 Professional Teams
Up to now ， CMC’s aggregated trade volume has amounted to over US$ 85 billion.
CMC’s Advantages
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US$ 70 billion
Urban Construction, Energy, Aviation, Agriculture & Forestry, Telecommuni-cation, Vessel, Traffic, Industry, Envi-ronmental Protection, Water Conser-vancy, Vehicle, etc.
Import
Mode
US$ 15 billionMarine Vessels, Complete Plants & Sets of Processing Lines, Locomotives & Rail Cars, etc.
Export
Covered Industries Turnover
CMC’s AchievementsCMC’s Achievements
Imp. & Exp.Imp. & Exp.
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Railway Achievements During last 10 Railway Achievements During last 10 YearsYears
• YearYear Quantity & description Quantity & description Country Country
• 20012001 175 units of passenger coaches175 units of passenger coaches Pakistan Pakistan
• 20022002 5 units of diesel locomotives5 units of diesel locomotives VietnamVietnam
• 20052005 30 A.C. Passenger Carriages30 A.C. Passenger Carriages BangladeshBangladesh
• 20052005 50 A.C. Passenger Carriages 50 A.C. Passenger Carriages BangladeshBangladesh
• 2006 77 Units of CKD Metro Cars Iran2006 77 Units of CKD Metro Cars Iran
• 20062006 100 Passenger Carriages 100 Passenger Carriages Sri Lanka Sri Lanka
• 2006 Ankara-Istanbul High Speed Railway Project Turkey2006 Ankara-Istanbul High Speed Railway Project Turkey
• 20072007 112 Bogie Container Flat Wagons112 Bogie Container Flat Wagons Thailand Thailand
Project AchievementsProject Achievements
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Railway Achievements During last 10 Railway Achievements During last 10 YearsYears
• YearYear Quantity & description Quantity & description Country Country
• 20092009 120 EMU Cars for Rio De Janeiro 120 EMU Cars for Rio De Janeiro Brazil Brazil
• 20092009 202 units of passenger coaches 202 units of passenger coaches Pakistan Pakistan
• 2009 30 km Railway Construction Project Sri Lanka2009 30 km Railway Construction Project Sri Lanka
• 2010 960Km Railway Construction Project Ghana2010 960Km Railway Construction Project Ghana
• 2011 Supply of 60 Locomotives Turkmenistan2011 Supply of 60 Locomotives Turkmenistan
• 2011 Supply of 75 Locomotives Turkmenistan2011 Supply of 75 Locomotives Turkmenistan
• 20122012 240 EMU Cars for Rio De Janeiro 240 EMU Cars for Rio De Janeiro Brazil Brazil
• 2013 40 Electronic Power Vans Pakistan 2013 40 Electronic Power Vans Pakistan
Project AchievementsProject Achievements
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2. Introduction of CMC’s 2. Introduction of CMC’s Turkey Turkey High-speed Railway High-speed Railway ProjectProject
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2.1 Overview2.1 Overview
Turkey Ankara-Istanbul High Speed Railway ProjectTurkey Ankara-Istanbul High Speed Railway Project
Contract Signed Contract Signed
in Nov. 2006in Nov. 2006
Construction Started Construction Started
in Sept. 2008. in Sept. 2008.
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2.1 Overview2.1 Overview
Length: 154KmLength: 154Km
Speed: 250Km/hSpeed: 250Km/h
Construction Period: 3 YearsConstruction Period: 3 Years
Contract Value: USD 1.27 BillionContract Value: USD 1.27 Billion
Turkey Ankara-Istanbul High Speed Railway ProjectTurkey Ankara-Istanbul High Speed Railway Project
The financial solution of total contract value, USD 1.27 billion, is arranged as follows:
a.Chinese portion of USD 720 million comprising Preferential Export Buyer‘s Credit and commercial loan from China EXIM Bank
b. Turkish Portion of USD 550 million financed by Europe Investment Bank
2.2 Project Financial 2.2 Project Financial SolutionSolution
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2.3 Construction 2.3 Construction ProgressProgress
Turkey Ankara-Istanbul High Speed Railway ProjectTurkey Ankara-Istanbul High Speed Railway Project
BridgeBridge
The Turkey high-speed railway The Turkey high-speed railway construction project commenced construction project commenced in September of 2008.in September of 2008.
Project Office Camp at SiteProject Office Camp at Site
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Turkey Ankara-Istanbul High Speed Railway ProjectTurkey Ankara-Istanbul High Speed Railway Project
Concrete Sleeper InstallingConcrete Sleeper Installing
2.3 Construction 2.3 Construction ProgressProgress
The subgrade treatment The subgrade treatment and track laying have and track laying have already finished.already finished.
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Turkey Ankara-Istanbul High Speed Railway ProjectTurkey Ankara-Istanbul High Speed Railway Project
Finished TrackFinished Track
2.3 Construction 2.3 Construction ProgressProgress
The railway systems shall The railway systems shall commence soon.commence soon.
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3. The Advantage of CMC 3. The Advantage of CMC on Project Contractingon Project Contracting
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3.1 Lower Costs3.1 Lower Costs
Taking advantage of notably lower costs of Taking advantage of notably lower costs of China High-speed Railway, CMC shall fully China High-speed Railway, CMC shall fully optimize the project proposal and greatly optimize the project proposal and greatly save costs for the project owner.save costs for the project owner.
COSTSCOSTS
COSTS
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3.2 Higher Efficiency3.2 Higher Efficiency
Making full use of the mature construction process of China High-speed Railway and the high-efficiency of Chinese consgtruction team to accelerate the construction speed
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3.3 Assistance on Project 3.3 Assistance on Project FinancingFinancing
Total project financing capability over US$ 20 Billion
Relying on the close relationship with Chinese Government, Relying on the close relationship with Chinese Government, CMC actively assistants the project owner to apply to the CMC actively assistants the project owner to apply to the preferential export credit funded by Chinese Governmentpreferential export credit funded by Chinese Government
Business Area Quantity of ProjectsSum of Contract
Value
Transportation 159 US$ 11.9billion
Energy Production 75 US$ 2.5billion
Urban Construction 98 US$ 1.9billion
Environmental protection 85 US$ 1.5billion
Telecommunication 54 US$ 1.5billion
Water conservancy 18 US$ 0.9billion
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Financing Cases on Railway Financing Cases on Railway Project by CMCProject by CMC
3.3 Assistance on Project 3.3 Assistance on Project FinancingFinancing
77 Units of CKD Metro Cars for Iran77 Units of CKD Metro Cars for Iran
175 Units of Passenger Coaches for Pakistan175 Units of Passenger Coaches for Pakistan
100 Passenger Carriages for Sri Lanka100 Passenger Carriages for Sri Lanka
Railway Signaling Modernization Project for PakistanRailway Signaling Modernization Project for Pakistan
Cirebon-Kroya Double Track Project for IndonesiaCirebon-Kroya Double Track Project for Indonesia
202 units of passenger coaches for Pakistan 202 units of passenger coaches for Pakistan
Ankara-Istanbul High-Speed Railway Project for TurkeyAnkara-Istanbul High-Speed Railway Project for Turkey
30 Km Railway Construction Project for Sri Lanka30 Km Railway Construction Project for Sri Lanka
960Km Railway Construction Project for Ghana960Km Railway Construction Project for Ghana
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4. Preliminary Proposal4. Preliminary Proposal
Table of ContentTable of Content
4.1 CMC-CRCC Consortium4.1 CMC-CRCC Consortium
4.2 Project Financial Solution4.2 Project Financial Solution
4.3 EPC Project4.3 EPC Project
4.4 Supply of High Speed Trainset4.4 Supply of High Speed Trainset
4.5 Operation Management4.5 Operation Management
4.6 General Proposal4.6 General Proposal
4.1 CMC-CRCC 4.1 CMC-CRCC Consortium Consortium CMC and China Railway Construction Corporation (CRCC), CMC and China Railway Construction Corporation (CRCC),
shall bind as CMC-CRCC Consortium to undertake the High-shall bind as CMC-CRCC Consortium to undertake the High-speed Railway Project under an EPC contract with the speed Railway Project under an EPC contract with the Owner.Owner.
World Famous Consulting Corporation
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4.1 CMC-CRCC Consortium 4.1 CMC-CRCC Consortium
The scope of service of CMC-CRCC Consortium The scope of service of CMC-CRCC Consortium
shall include the following parts:shall include the following parts:
Services of CMC-CRCC ConsortiumServices of CMC-CRCC Consortium
Project Financial Solution
EPC Works
Supply of High Speed Train Set
Operation Management
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4.2 Project Financial 4.2 Project Financial SolutionSolution
Chinese banks may provide relevant credit loans for the works section carried out by Chinese contractor in the whole project. However, if necessary, Chinese contractor could subcontract parts of such works financed by Chinese banks to foreign subcontractors.
In principle, the credit loans from Chinese banks consist of three types:
a. Government Concessional Loan
b. Preferential Export Buyer's Credit
c. Commercial Loan
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4.2 Project Financial 4.2 Project Financial SolutionSolution
1. General Terms:
a. Interest Rate: 2~2.5% per year
b. Repayment Period: 15~20 years
c. Currency: RMB Yuan
2. Application:
a. G to G Agreement
b. Sovereign Guarantee
c. No Export Credit Insurance
3. To be executed by China EXIM Bank
Government Concessional LoanGovernment Concessional Loan
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4.2 Project Financial 4.2 Project Financial SolutionSolution
1. General Terms:
a. Interest Rate: 2~2.5% per year
b. Repayment Period: 15~20 years
c. Currency: US Dollar
2. Application:
a. G to G Agreement
b. Sovereign Guarantee
c. No Export Credit Insurance
3. To be executed by China EXIM Bank
Preferential Export Buyer's CreditPreferential Export Buyer's Credit
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4.2 Project Financial 4.2 Project Financial SolutionSolution
1. General Terms:
a. Interest Rate: Libor + 3~4% per year
b. Repayment Period: 15~20 years
c. Currency: US Dollar
2. Application:
a. Guarantee by banks or other finance organization, acceptable to Chinese financing banks
c. Export Credit Insurance by SINOSURE
3. To be executed by China EXIM Bank or other Chinese banks
Commercial LoanCommercial Loan
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4.2 Project Financial 4.2 Project Financial SolutionSolution
As for the high speed rail (HSR) network in Scandinavia, we propose:
Preferential Export Buyer's Credit + Commercial Loan
(if possible)
for Chinese portion
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4.3 EPC Project4.3 EPC Project
The High-speed Railway system shall mainly contain the
following key technical systems:
(1)Survey and Design, Chinese railway design institutes +
international consultancy companies
(2)Civil Works, Chinese construction company + local
subcontractors
(3)Traction Power Supply, Communication & Signals
Equipment, Chinese integrators + worldwide famous system
suppliers
(4)Transport Scheduling and Passenger Service System,
Chinese contractors + local partners
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4.4 Supply of High Speed 4.4 Supply of High Speed Trainset Trainset
Supply of high speed trainset:
Chinese manufacture + foreign key components
suppliers
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4.5 Operation 4.5 Operation ManagementManagement
(I) Operating Scheduling(I) Operating Scheduling
Chinese operating scheduling system can meet the scheduling demand of interval of 3 minutes.
Chinese system suppliers + local partners
(II) Repair & Maintenance(II) Repair & Maintenance
Routine inspection and repairing as well as maintenance:Chinese contractor + local partners
(III) Training(III) TrainingHigh-level modern training center shall be built, covering professional knowledge training, simulation, practical operation, remote training, etc.
Chinese contractor + local partners
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4.6 General Proposal4.6 General Proposal
For the high speed rail (HSR) network in
Scandinavia,
we propose:
International Design + Chinese Engineering &
Construction plus High Speed Trainset based
on Chinese Loan
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Thank YouThank You