China's Dongfeng plans manufacturing electric cars in Egypt. CAIRO, July 3 (Xinhua) -- China's giant automaker Dongfeng Motor Corporation (DFM) held discussions with the Egyptian minister of trade and industry over manufacturing electric cars in Egypt, the Egyptian ministry said in a statement on Wednesday. "With the production of electric cars in Egypt, the government aims to meet the needs of the local market and then to export to Arab, African and European markets," Egyptian Trade and Industry Minister Amr Nassar said in the statement.
The ministry said that DFM is earnestly studying the manufacture of electric cars in Egypt, adding that the government provides investment incentives in this field in the light of global tendency to use electric cars. "The Chinese corporation could sign a contract of partnership with an Egyptian state-owned production line for cooperation in manufacturing and assembling electric cars," it added.
For his part, Li Zhengrong, vice president of Dongfeng Automobile Co. Russia’s TMH will develop rail manufacturing facility in South Africa. South Africa encourages international investors to help in developing the country’s manufacturing facilities. (Image source: Nick Amoscato/Flickr) The international company said that the transaction will be taken care by its subsidiary TMH Africa, 70 per cent owned by TMH and 30 per cent by Mjisa Investments. TMH Africa has acquired DCD Rolling Stock to modernise and develop the 45 000 sq m rail manufacturing facility in Boksburg, located on the East Rand of Gauteng province of South Africa.
Speaking about building rail manufacturing facility, Martin Vaujour, CEO of TMH, said that this investment is a part of the Russian company’s international expansion strategy. With this investment, South Africa aims to poise itself as an attractive business market for the international companies and an opening wedge for the rest of the continent. TMH further reveals plans to invest US$800mn across Argentina, Cuba, Egypt, Kazakhstan and South Africa for a period the next five years. Chinese companies flourishing in Ethiopia's Eastern Industry Zone. Cameroon Automotive Holding has already invested FCfa 1.4 billion in its project to assemble Chinese vehicles in Kribi. Lu Fuqing, one of the directors of Cameroon Automotive Holding, Chinese-American company which aims to construct a Chinese vehicle assembly plant in Douala and Kribi, reveals that this company has already invested the tidy sum of FCfa 1.4 billion in this project.
This investment, we learned has been mainly used for the design of 20 models of vehicles displayed in the Cameroonian capital since last 20 April, in order to allow the population and local authorities to try out “Star of Africa, the Cameroonian and African brand designed and protected for this purpose”, confides Lu Fuqing. For a total cost of FCfa 92 billion, the Chinese vehicle assembly project in Cameroon follows the signing of an agreement on 11 June 2015 in Yaoundé.
It benefits from the law of 2013 encouraging private investment in Cameroon, which grants fiscal and customs exonerations to companies for a period of 5 to 10 years, during installation as well as production phases. Business in Cameroon. China puts industrialisation of African economies on the international agenda.
Continued low commodity prices have led countries such as Angola, Equatorial Guinea and Mozambique to place greater urgency on economic diversification, at a time when the industrialisation of Africa has the support of major international partners, especially China. A report prepared for the last G20 summit in Hangzhou (China) in September 2016, contains a set of recommendations for African countries, including an unprecedented reference to what is dubbed the “New Industrial Revolution,” strengthening access to internal and external financing as well as increased integration of global and regional trade.
The report, along with the outcome of the latest ministerial meeting of Forum Macau, also focuses on supporting the development of agriculture and agro-industry, and the need for technology transfer, investment in energy efficiency and materials and promoting environmentally sustainable technologies and industries. “The question is how. The short answer is money and action. Related News: China's Transsion phones outsell Samsung in Africa, Technology/Digital News - AsiaOne Digital. Transsion Holdings Ltd, a Shenzhen-based smartphone maker few Chinese have heard of, is securing the jewel in the crown of the mobile world－the African continent, one of the most promising mobile arenas in the world.
Transsion has grabbed 40 per cent of the African market, outcompeting much bigger opponents like Samsung Electronics Co Ltd and Huawei Technologies Co Ltd. Tecno and itel, two brands owned by Transsion, took the third and first spot in the African mobile market in the third quarter of 2016, respectively, data from technology consultancy Counterpoint Technology Market Research showed. In the first half of 2016, Transsion shipped 32.9 million handsets to overseas markets. In comparison, the number for Huawei, the world's third-largest smartphone maker, was 25.4 million units. Transsion was the first Chinese smartphone vendor to explore the African market. It also built the world's first smartphone plant in the continent. "Its battery strength is very impressive.
SIMply better. Chinese to invest $6bn in vast Zimbabwean industrial zone. A Chinese company has announced plans to invest $6bn in a 200 square kilometre business park in Zimbabwe. The project will take advantage of the introduction of “special economic zones”, passed by the country’s parliament last week and according to local paper The Herald, will “change Zimbabwe’s economy forever”. The company behind the plan is Qingdao Hengshun Zhongsheng, a listed company that until recently specialised in transmission and control equipment for electrical grids. The location of the park has not been announced, but Zimbabwean officials told The Herald that they expected it to be sited somewhere along the Bulawayo-Kwekwe railway corridor in the southwest of the country.
The industrial park will include a non-ferrous metallurgy processing plant for the manufacture of mining and agricultural processing equipment, a power station and an upgraded rail system. As a gift to the host country, the Chinese concern will also build a primary school. Further Reading: Chinese mobile phone brands take root in the African market. Chinese Wage Pressures, Unsafe Bangladeshi Factories Make Africa Attractive To Clothing Brands. Workers at the GG Super Garment Factory in rural Ethiopia. Photo: Petterik Wiggers/Wall Street Journal.
Wage pressures in China and safety issues in Bangladeshi garment factories are making Africa — especially East Africa — look increasingly attractive to U.S. clothing manufacturers, but poor infrastructure remains a challenge, according to a report in How We Made It In Africa. Asian countries – especially Bangladesh and China – are top sourcing destinations for clothing production, but social and economic challenges are making them less attractive to global brands, the report said. These include workplace accidents like the collapse of a Bangladesh factory three years ago that left 1,138 people dead, rising Chinese production costs and labor-rights violations. Little progress has been made to improve labor conditions for Bangladeshi garment workers since the fatal collapse, according to the Asia Floor Wage Alliance. The Guardian reported. China outsourcing manufacturing lines to Africa - CCTV News - CCTV.com English. By Miroslav Atanasov, Ph.D.
Renmin University of China Traditionally, the United Stated has used China, East Asia, and other overseas destinations for outsourcing industries. Many Americans feel unhappy, since millions of Americans had lost their jobs on account of cheaper labor costs abroad. Nevertheless, Chinese companies have begun to outsource at cheaper labor destinations, while increasing industrial production output in important economic sectors, such as textile, electronics, and car assembling, especially in East Africa. Deputy China International Trade Representative Zhang Xiangchen said Beijing has launched construction of industrial parks to create thousands of new jobs in Ethiopia, Egypt, and Zambia. As its financial support rises, China believes a deepening partnership between Chinese and African firms would help the continent become more self-sufficient.
A plan was devised to introduce new projects for joint investments. The transition is already in process. China Makes Biggest South Africa Auto Investment in 40 Years. A Chinese state-owned car manufacturer agreed to build an 11 billion-rand ($759 million) auto plant in South Africa, the biggest investment in a vehicle-production facility in the country in four decades. The Beijing Automotive International Corp. plans to start production at the facility in 2018, International Chief Executive Officer Dong Haiyang told reporters in the southern coast city of Port Elizabeth on Tuesday.
The plant will be built in partnership with South Africa’s state-owned Industrial Development Corp. and have a capacity of 100,000 units a year by 2027, he said at the the industrial development zone where the factory will be located. “South Africa’s automotive industry has received a major shot in the arm with the announcement of the biggest greenfield investment in 40 years,” the companies said in a joint statement. Export Plans About 60 percent of the BAIC’s South African plant’s output will be earmarked for export, initially to east, west and north Africa, Dong said.
Vidéo. Sommet du G20: La Chine va lancer une initiative pour soutenir l'industrialisation de l'Afrique | Le360 Afrique. Ces usines chinoises qui se déplacent vers l'Afrique. Egypt : Egypt signs deal with China to set up textile zone - Textile News Egypt. Egypt and China signed a framework agreement earlier this week on to establish a zone for textile industries in the Egyptian governorate Minya.
The agreement was signed between Egyptian Textile Industries Council and China National Textile and Apparel Council (CNTAC), according to Egyptian news portal Amwal Al Ghad. Egypt's Industry and Foreign Trade Minister Tarek Qabil asserted that establishing a comprehensive zone for textiles is an important step for Egypt to reclaim its leading position in Middle East and North Africa since it has potential and wide expertise in the field of weaving and textiles. The minister made these remarks during his meeting with a delegation of Chinese businessmen headed by CNTAC's Vice-President, Gao Yong.
The Chinese mission and Qabil also discussed means of enhancing bilateral cooperation between the two countries in textile field as well as future visions for such important industry in Egypt. Fibre2Fashion News Desk – India. Algeria: Gica, Chinese Equipment Manufacturer to Build Cement Plants. Algiers — The public cement manufacturing industrial group (Gica) inked Tuesdayin Algiers two agreements with Chinese equipment manufacturer Cmbi (subsidiary of Sinoma group) to build a new cement plant in Bechar and extend the plant of Zahana (Mascara). The agreements have been signed in the presence of Industry and Mines Minister Abdessalem Bouchouareb, China's ambassador to Algiers Yang Guangyu and CEOs of Gica and Sinoma.
The first agreement provides for the building by Cmbi of a new cement plant in Bechar with a 1million tonnes per year capacity (3.200 tonnes/day). This plant will be held by Saoura Cement Company (Ssc, subsidiary of Gica) The start of production in this cement plant, works implementation works are estimated at DZD 34 million, is scheduled for 2018. The implementation works of this project, which will be completed by 2018, will cost DZD 38 billion while 350 direct and 1.500 indirect jobs will be created. China Sets Sights On Largest Free Trade Zone in Africa. China has set its sights on constructing the largest free trade zone set to build the largest free trade zone in the Horn of Africa, Djiboutian Finance Minister Ilyas Moussa Dawaleh has said. The Horn of Africa is a peninsula in Northeast Africa. It juts hundreds of kilometers into the Arabian Sea and lies along the southern side of the Gulf of Aden.
The area is the easternmost projection of the African continent and a historically prime hub for shipping and trading. Dawaleh said China plans to set up the trade zone in Djibouti, which aims to re-envigorate the merchant industries in that corner of Africa. “The FTA, which covers an area of six square kilometers [2.3 square miles], is aimed at stimulating China’s presence in Africa and the Red Sea regions,” he said.
“The FTA agreement between Djibouti and China embraces catalyzing custom affairs, monitoring and using international standards at shipment checkpoints, and producing some Chinese goods in the country,” he added. Chinese Carmakers Seek Ground In African Markets. East Africa is seen as a potential market An SUV produced by Chinese automobile firm BAIC Motors. Photo by Taddeo Bwambale In a market dominated by Japanese brands and second-hand vehicles, some of China’s biggest automobile firms are looking to Africa as new ground to expand their market base and reach.
One such firm is Beijing Automotive Industry Holding Co, a state-run firm and one of China's largest automakers in terms of sales volumes. The Beijing-based company produces an average of 150,000 vehicles per year and is scheduled to establish its first manufacturing plant in South Africa in 2018. Chinese car brands will be seeking to cash in on a growing demand for new inexpensive vehicles in Africa, in a market dominated by traditional brands such as Toyota and Nissan.
Established in 2011, BAIC has curved out a niche for producing passenger vehicles, sport utility vehicles, minivans and vans in both fuel and electric variants. Heavy trucks produced by Foton Motor Group. Uganda: Chinese Firm Sets Up Factory to Manufacture Mosquito Nets. By Edward Ssekika A Chinese company, Sino Africa Medical Devices, has set up a plant in Uganda to manufacture long-lasting insecticide treated ed mosquito nets (LLNs).
The factory is to manufacture three million mosquito nets annually in its initial phase. While commissioning the factory at its premises in Luzira industrial park last week, Amelia Kyambadde, the minister of Trade, Industrial and Cooperatives, said the factory will offer jobs to the youth and also help government raise revenues in form of taxes and other revenues. So far, the factory employs 115 Ugandans at its Luzira premises. "This investment is the first in Uganda and there are only two such factories in East Africa. The first major producer of long-lasting insecticide treated mosquito nets in East Africa is A to Z Textiles Limited in Tanzania," she said.
"Uganda currently produces less than 500,000 bales of cotton lint but we have the potential of producing over one million bales annually. Nigeria's Dangote signs Chinese bank loan for two cement plants. Chinese factories to be blueprints of future African deals. Paul Jourdan, a mineral policy analyst, said that "Chinese factory-relocation is the way to go for Africa. " LUCIE MORANGI / FOR CHINA DAILY A paradigm shift is set to take place with the planned relocation of Chinese factories to Africa. Paul Jourdan, a mineral policy analyst from South Africa, said the transfer highlights the need for Africa to steer away from deals focusing on the extractive industries.
By developing value-addition, future treaties should instead drive industrial development, which is behind China's economic success. "China entered into deals that directed foreign investments into powering existing factories while allowing new ones to be set up," he said. For Africa to realize it Agenda 2063 and its Sustainable Development Goals, "this is the way to go", said Jourdan, former president and CEO of Mintek, a South African mining, processing and minerals beneficiation science council. Chinese investments to boost Africa's manufacturing capacity: expert.
Chinese auto maker Chery relaunches new cars assembled in Egypt. Le japonais Yazaki s’offre une troisième usine de câblage à Meknès. La Chine va fabriquer des bus et des trains en Tunisie. Africa Becoming Chinese Enterprises' Foreign Investment and Cooperation Hotspot. China glass factory sets eyes to regional market. Chinese Firm to Build Largest Steel Pipe Plant in Nigeria's Lagos Lekki Free Trade Zone : Business. Africa: China-Africa Industrial Capacity Cooperation Fund Starts Operation. Maliweb.net - Ces usines chinoises qui se déplacent vers l'Afrique - maliweb (original) China-Africa Equipment Manufacturing Industry Exhibition Taking Place In Johannesburg.
Chinese manufacturers boost South African re-industrialization. Huawei to open smartphone factory in Egypt to serve African/Arabian markets. China builds cement plant in South Africa to meet demand. Chinese-industrialisation-in-africa-1.1952448# Algeria, China sign MoU on creation of metro, tram train manufacturing plant. Sino-Zim to start tile, brick-making. Véhicules chinois: projet algéro-chinois d’une usine de montage en Algérie. Dangote signera pour 4,34 milliards $ avec le chinois Sinoma pour construire des usines en Afrique. Chinese Textile Products Overwhelms Nigeria’s Local Textiles In Competition.
Uganda: Chinese Trucks Vie for Ugandan Sales. China now sees Morocco as a base for manufacturing. Chinese-Angolan partnership signs contract to assemble vehicles in Angola. Coastweek - The most from the coast. WorldStage News | China investors to resuscitate Osun based Cocoa product industry in six months. Xhing Xhong Cement Company to build plant in Zimbabwe. Textile & Apparel Manufacturers look to Africa. Chinese Firm To Build Vehicle Assembly Plant In Lagos. Ethiopia: AU seeks Chinese backing for expanded industrialisation goals. Cooperation with China brings more 'made-in-Africa' goods｜Markets｜Business｜WantChinaTimes.com. China’s Hisense eyes Kenyan market. Chinese Bus company to build $100 million plant in Ghana.
Chinese plant makes Angola self-sufficient in cement. China ready to establish eight industrial zones in Sudan. Chinese company to build $100M automobile plant in Ghana. Chinese textile firm to invest US$500 million in Ethiopia | East Africa News. Chinese firm to set up motorcycle manufacturing facility in Tanzania. Des véhicules chinois FAW bientôt produits en Algérie.
Huawei 4 Afrika, le smartphone qui doit conquérir l'Afrique. Nigeria: Chinese Banks' Funding for SMEs, Industrial Zones Underway. Afrique du Sud : un parc industriel chinois pour exporter des produits électroniques sur 30 pays africains. Chinese investment creates a new global hub in Ethiopia. Chinese Firm to Open Truck Manufacturing Plant In Nigeria. Chinese firm steps up investment in Ethiopia with 'shoe city' | Elissa Jobson | Global development. Nigerian president commissions new cold rolled steel plant. Les industriels chinois du textile investissent de plus en plus l'Afrique. La Chine ouvre des usines sur le continent africain. Afrique-Chine : Elikia Le premier smartphone made in Africa. Chine Délocalisations massives vers l'Afrique. CNN.com: Huajian Group - Chinese shoe maker moved to Ethiopia. L'Afrique importe toujours plus de produits chinois. Espoir de délocalisation de la Chine vers l’Afrique: Des usines Chinoises en Afrique - Les nouvelles informations et actualités d'Afrique.
Chinese company seeks to invest in Kericho. Africa means never saying goodbye. China 'wants to set up factories in Africa' | World news. World Bank, China May Cooperate to Transfer Manufacturing Jobs to Africa.