Tianjin to raise $2.9b shipbuilding fund

Heavy Industry

Friday, October 10, 2008 21:07:35

	Tianjin to raise $2.9b shipbuilding fund By STAFF EDITOR Published: June 11, 2008 02:50 PM Northern China’s Tianjin municipality has lodged an application with China’s State Council to raise a $2.89 billion (RMB20 billion) shipbuilding fund, China Business News reported. “Our shipbuilding fund will have two modes,” vice mayor Cui Jindu told the newspaper. “One is equity investment and the other leasing, which is similar ... You are currently reading 57 words of 173 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: investment , Tianjin , shipbuilding	More Articles in Heavy Industry > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Cement investment skyrockets, demand set to slow Henan Tongli Cement withdraws from Zhengzhou JV Fosun Int’l to build 10m ton steel mill in Jiangsu Fosun International becomes No 2 shareholder of Tianjin Steel Co Xiamen shipbuilder plans mainland listing Private sector makes inroads into Chinese shipbuilding industry Sany Group merges subsidiaries

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