Co-ordination Commission Reviews Progress in Guangzhou
The News Review:
- Co-ordination Commission Reviews Progress in Guangzhou
- Preview of New Asian Games 2010 Venues
- Tenneco Expands in China with New Emission Control Joint Venture …
- Guangzhou Ind to repay US$8m
- Interview: Kenya Airways plans to increase frequencies to Far East
Co-ordination Commission Reviews Progress in Guangzhou
International Paralymic Committee
2009Co-ordination Commission Reviews Progress in Guangzhou. In what coincided with the 550-day countdown to the Para Games the meeting was held together with the Asian Paralympic Committee (APC). The fruitful exchange of information included updates from the Committee on the preparations for the Games as well as the general progress of areas like accessibility. The workshop was hosted by Deputy Secretary General of Guangzhou and the Guangzhou Asian Games rganizing Committee (GAGC) Gu Shiyang with attendees including International Paralympic Committee (IPC) Chief Executive fficer Xavier Gonzalez President of the APC Dato Zainal Abu Zarin and Vice President and Secretary General of the National Paralympic Committee of China Jia Yong. During the event the launch of the official website of the Guangzhou 2010 Asian Para Games was also announced marking that the preparations for the Games have entered a new stage.
Preview of New Asian Games 2010 Venues
TravelVideo.tv (press release)
200)Guanggong Gymnasium – Basketball (4973)Ying Dong Gymnasium – Basketball (2499)Tianhe Bowling Hall – Bowling (300)Foshan Lingnan Mingzhu Gymnasium – Boxing (9500)Guangdong InternationalRowing Centre – Canoe & Kayak Rowing (600) Among these venues the above-ground structural engineering of the AsianGames Town Gymnasium is in full swing with concrete structural construction ofthe Guangdong lympic Aquatics Centre at the Guangdong lympic Sports Centre isnow close to completion and the Nansha Gymnasium is nearly topped off. The new Tennis Centre at the eastern end of Guangzhou and buttresses a mountainside nearlympic Stadium has been completed and is currently being extensivelylandscaped to mirror the stadium with the local natural wooded surroundingssimilar to Stone Mountain Tennis Centre used for the 1996 Atlanta Summerlympic Games. The AsianGames Town Gymnasium includes venues for Gymnastics Cue Sports and Squash andwill be home to the Guangzhou Asian Games History Museum. This new Gymnasium will be transformed into acommunity centre offering sports commercial and public services to residentsafter the Asian Games. Apart fromusing flowing curves of the lingnan architectural style the Asian Games TownGymnasium boasts another feature – energy saving and environmentally friendlymaterials and structure. The Guangzhou Velodrome will host Cycling Roller Sports and Extreme Sports.
Tenneco Expands in China with New Emission Control Joint Venture …
IndustryWeek
Tenneco will serve as the majority owner with a 51% equity stake and BHAP will own the remaining 49%. In addition to supplying Hyundai the joint venture plans to supply other regional EMs in the future. Tenneco also announced that it intends to establish an emission control manufacturing presence later this year in Guangzhou to support new business with Nissan. “The new JV partnership in Beijing and our expansion into Guangzhou will strengthen our position as the leading emission control supplier in China as well as further diversify our customer mix in China while building our global business with Japanese and Korean manufacturers” said Gregg Sherrill chairman and chief executive officer Tenneco. Tenneco’s new joint venture with BHAP represents its sixth joint venture all majority-owned in China. The company has emission control joint ventures in Shanghai Dalian (2) and Chongqing and a ride control joint venture in Beijing with Beijing Automotive Industry Company (BAIC) which is the parent company of BHAP. The company operates a wholly-owned elastomer manufacturing plant in Suzhou.
Related from Champcarnews: Auto supplier Tenneco receives contracts for $65M
Guangzhou Ind to repay US$8m
Straits Times
html’>Breaking News >. html’>Singapore > StoryJune 8 2009Guangzhou Ind to repay US$8m By Elizabeth Wilmot SINGAPRE Exchange-listed firm Guangzhao Industrial Forest Biotechnology Group has won another extension to repay more than US$8 million (S$11. 7 million) to bondholder Liberty Harbor. The forestry firm – involved in the production and sale of fast-growing poplar – announced yesterday that it had until July 9 this year to repay its debt. This replaces an earlier extension to June 9 granted by Liberty Harbor. It was first announced in May 2007 that Guangzhao Industrial had entered into an agreement for the issue of US$8 million convertible bonds due 2011 to Liberty Harbor part of Goldman Sachs Asset Management.
Interview: Kenya Airways plans to increase frequencies to Far East
Trading Markets (press release)
In an interview with Xinhua on Monday Kenya Airways Chief perating fficer (C) Bram Steller said additional frequencies would provide customers with conveniently scheduled connections in China and help improve relations between Africa and the Far East. “Kenya Airways will keep focus on increasing frequencies and capacities to Guangzhou and we are well planning to soon online Beijing with new aircraft available — the B777″ Steller said. Steller said the Kenya Airways venture into Chinese skies is strategic as it positions the airliner to take advantage of the growing number of Chinese tourists and traders to Kenya and other African countries. He said China is the airline’s fifth biggest market in terms of passenger numbers in the whole network with very high network contribution as more than 70 percent of these passengers go beyond Nairobi. “We also see good growth of cargo business out of China to Africa market and this will be further supported by our Boeing 777 operations. It’s also interesting to see the big growth of leisure market to Kenya because it’s expected that China will be the biggest outbound tourist market by 2010 with more than 100 million tourists.
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