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China Harbour Engineering
China Harbour Engineering Company Ltd (CHEC) is an engineering contractor and a subsidiary of China Communications Construction Company (CCCC), providing infrastructure construction, such as marine engineering, dredging and reclamation, road and bridge, railways, airports and plant construction. It is the second largest dredging company in the world, carrying out projects in Asia, Africa, and Europe. History The company was established in December 2005 during the merger of China Harbour Engineering Company Group (founded 1980) with China Road and Bridge Corporation into CCCC. The Southern Africa Division (SAD) of CHEC was set in 2006 in Luanda, Angola, building business in 9 countries including Angola, Namibia, South Africa, Zambia, Mozambique Madagascar, Zimbabwe, Botswana on behalf of CHEC. Projects CHEC has won large contracts for dredging, particularly in the Middle East and Asia. In January 2011, the company was awarded a US$880million contract for the first phase o ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Lekki Port
Lekki Deep Sea Port, operational, but still partly under construction, is a multi-purpose, deep sea port in the Lagos Free Zone. It is the largest seaport of Nigeria and one of the biggest in West Africa. Lekki port is to be expanded to have a capacity of handling around 6 million TEUs of containers and a significant volume of liquid and dry bulk uncontainerized cargoes. The port is to be equipped with ships able to transport over 14,500 containers. The port is being developed in phases. Its phase one, be operational in 2018, chiefly comprises it three container berths equipped to handle more than 1.8 million TEUs — one berth for dry bulk goods and two berths for liquid cargo. The port is financed by private investors and a consortium of banks who have funded the project with $1.5 billion as of March 2021. The seaport is to occupy up to 90 hectares of land. It is expected to be completed in 2023 and operations to commence in the first half. On October, 31st, 2022, the p ...
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Construction And Civil Engineering Companies Established In 2005
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The construction ...
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Construction And Civil Engineering Companies Of China
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The construction i ...
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Foreign Policy Of China
The People's Republic of China is a Communist state that came to power in 1949 after a civil war. After the Korean war in 1950-1953 and the Sino-Soviet split in the 1960s, China emerged as a great power and one of the three big players in the tri-polar geopolitics (PRC-US-USSR) during the late Cold war (1956-1991) with its status as a recognized nuclear weapons state in 1960s. Currently, China has the world's largest population, second largest GDP (nominal) (after the U.S.) and the largest economy in the world by PPP. China is now considered an emerging global superpower. In 1950-1953 it fought an undeclared war in Korea against the United States. Until the late 1950s it was allied with the Soviet Union but by 1960 they began a bitter contest for control over the local Communist movement in many countries. It reached détente with the United States in 1972. After CCP Chairman Mao Zedong died in 1976, Deng Xiaoping led a massive process of industrialization and empha ...
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Belt And Road Initiative
The Belt and Road Initiative (BRI, or B&R), formerly known as One Belt One Road ( zh, link=no, 一带一路) or OBOR for short, is a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in nearly 150 countries and international organizations. It is considered a centerpiece of the Chinese leader Xi Jinping's foreign policy. The BRI forms a central component of Xi's "Major Country Diplomacy" ( zh, 大国外交) strategy, which calls for China to assume a greater leadership role for global affairs in accordance with its rising power and status. It has been compared to the American Marshall Plan. , 149 countries were listed as having signed up to the BRI. Xi originally announced the strategy as the "Silk Road Economic Belt" during an official visit to Kazakhstan in September 2013. "Belt" is short for the " Silk Road Economic Belt," referring to the proposed overland routes for road and rail transportation through landlocked Central A ...
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World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In the 1970s, it focused on loans to developing world countries, shifting away from that mission in the 1980s. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its loan strategy is influenced by the Sustainable Development Goals as well as environmental and social safeguards. , the World Bank is run by a president and 25 executive directors, as well as 29 various vice ...
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Sunday Observer (Sri Lanka)
''Sunday Observer'' is a weekly English-language newspaper in Sri Lanka, published on Sundays. The ''Sunday Observer'' and its sister newspapers the '' Daily News'', ''Dinamina'', ''Silumina'' and ''Thinakaran'' are published by Associated Newspapers of Ceylon Limited (Lake House), a government-owned corporation. The paper, which was established in the present-day format in 1928, has roots that date back to 1834 when Sri Lanka was under the British rule. It is the oldest Sri Lankan newspaper in circulation apart from the ''Government Gazette''. The current Editor is Dharisha Bastians. History Origins The British captured the coastal areas of Sri Lanka in 1796 and had consolidated their power throughout the island by 1818. In 1829 the Colonial Office appointed the Colebrooke-Cameron Commission to evaluate the administration of the country under the Governor of Ceylon, Edward Barnes, and to recommend reforms. The commission's recommendations, presented in 1833, marked the begi ...
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2015 Sri Lankan Presidential Election
Presidential elections were held in Sri Lanka on 8 January 2015, two years ahead of schedule. The incumbent President Mahinda Rajapaksa was the United People's Freedom Alliance's candidate, seeking a third term in office. The United National Party (UNP)-led opposition coalition chose to field Maithripala Sirisena, the former Minister of Health in Rajapaksa's government and general secretary of the Sri Lanka Freedom Party (SLFP) – the main constituent party of the UPFA – as its common candidate. Sirisena was declared the winner after receiving 51.28% of all votes cast compared to Rajapaksa's 47.58%. The result was generally seen as a major upset. When Rajapaksa called the election in November 2014 he had looked certain to win. On 11 January 2015 the new government announced a special investigation into allegations of an attempted coup by Rajapaksa. Timeline ;2014 * 20 October: Minister of Mass Media and Information Keheliya Rambukwella confirmed that the election ...
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Mahinda Rajapaksa
Mahinda Rajapaksa ( si, මහින්ද රාජපක්ෂ, ta, மஹிந்த ராஜபக்ஷ; born Percy Mahendra Rajapaksa; 18 November 1945) is a Sri Lankan politician. He served as the President of Sri Lanka from 2005 to 2015; the Prime Minister of Sri Lanka from 2004 to 2005, 2018, and 2019 to 2022; the Leader of the Opposition from 2002 to 2004 and 2018 to 2019, and the Minister of Finance from 2005 to 2015 and 2019 to 2021. He has been a Member of Parliament (MP) for Kurunegala since 2015. Rajapaksa is a lawyer by profession and was first elected to the Parliament of Sri Lanka in 1970. He served as the leader of the Sri Lanka Freedom Party from 2005 to 2015. Rajapaksa was sworn in for his first six-year term as president on 19 November 2005. He was subsequently re-elected in 2010 for a second term. Rajapaksa was defeated in his bid for a third term in the 2015 presidential election by Maithripala Sirisena, and he left office on 9 January 2015. L ...
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Eran Wickramaratne
Eran Wickramaratne, ( si, ඉරාන් වික්‍රමරත්න) ( ta, இரான் விக்கிரமரத்ன) MP is a Sri Lankan banker and politician. He is the former State Minister of Finance and member of Parliament of Sri Lanka. He was the Deputy Minister of Investment Promotions and Highways under 100 days program. He was the former CEO of NDB Bank since 2001 to 2010 and former Chairman of the Information Communication Technology Agency (ICTA). Education Educated at Royal College Colombo, where he served as Head Prefect and played at the Royal–Thomian. He gained a BSc in Economics and Politics and an MSc in Economics from the University of London. He is also an Eisenhower Fellow. Banking career Having joined Citibank in 1982, he went on to become a Vice President in 1996. In 2000, he was involved in founding NDB Bank, where he became CEO in 2001. In 2005, he served as a Director and advisor for Board of Investment (BoI) and later became an ...
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National Route 32 (Costa Rica)
National Primary Route 32, or just Route 32 ( es, Ruta Nacional Primaria 32, or ) is a National Road Route of Costa Rica, located in the San José, Heredia, Limón provinces. It connects the central valley and Greater Metropolitan Area to the Caribbean coast of the country. Description As the main exports road of the country, through the Moín ports, 83% of the products are shipped abroad, equivalent to around 1500 trailer trucks. The (North Atlantic Drive) is made from the section between Guápiles and Limón of this route, and the totality of Route 4. It allows direct travel between the Caribbean coast of the country to the northwest canton of La Cruz in Guanacaste Province. From Route 108 in downtown San José canton, towards the Virilla river bridge there four lanes, two in each direction, then there are two lanes, one in each direction with a third ascent lane when required. As it crosses the Braulio Carrillo National Park, there is lush greenery and vegetation as w ...
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