29/01/2025

˻ ͓͚ ˜ ͓͓͖͑

17

BIZ & FINANCE

H¨©´©ÉÉ©º‰ å‰j´Ø¨ ’Ûº ÛçÐ ©ºØ¿ ¢Ì© ¿É‰ÌjØ¿Ì ."/*-" 5IF 1IJMJQQJOFT TPWFSFJHO XFBMUI GVOE .BIBSMJLB *OWFTUNFOU $PSQ JT CVZJOH B TUBLF JO UIF PQFSBUPS PG UIF DPVOUSZ T QPXFS HSJE UIF HPWFSONFOU TBJE B GJSTU NBKPS JOWFTUNFOU UIBU UJHIUFOT JUT HSJQ PO DSJUJDBM JOGSBTUSVDUVSF /BUJPOBM (SJE $PSQ PG UIF 1IJMJQQJOFT /($1 IPMET B ZFBS DPODFTTJPO UP SVO UIF DPVOUSZ T TPMF QPXFS USBOTNJTTJPO PQFSBUPS TJODF XJOOJOH UIF DPOUSBDU JO "NJE FTDBMBUJOH UFOTJPOT CFUXFFO .BOJMB BOE #FJKJOH PWFS EJTQVUFT JO UIF 4PVUI $IJOB 4FB /($1 JT DVSSFOUMZ UIF TVCKFDU PG B DPOHSFTTJPOBM QSPCF JOUP JUT DPNQMJBODF XJUI GSBODIJTF PCMJHBUJPOT BOE JUT PXOFSTIJQ XJUI $IJOB T 4UBUF (SJE $PSQ IPMEJOH B TUBLF i5IF NBJEFO JOWFTUNFOU SFQSFTFOUT B WJUBM PQQPSUVOJUZ GPS UIF HPWFSONFOU UP SFHBJO HSFBUFS JOGMVFODF PWFS UIF OBUJPO T DSJUJDBM QPXFS JOGSBTUSVDUVSF UP FOTVSF UIBU FWFSZ 'JMJQJOP IBT BDDFTT UP SFMJBCMF BOE BGGPSEBCMF QPXFSw 1IJMJQQJOF 1SFTJEFOU 'FSEJOBOE .BSDPT +S T PGGJDF TBJE JO B TUBUFNFOU XJUIPVU HJWJOH GJOBODJBM EFUBJMT 5IF EFBM BMMPXT .BIBSMJLB UP TVCTDSJCF UP QSFGFSSFE TIBSFT PGGFSFE CZ 4ZOFSHZ (SJE %FWFMPQNFOU 1IJMJQQJOFT 4(1 XIJDI XPVME HJWF UIF XFBMUI GVOE UXP TFBUT FBDI BU /($1 BOE 4(1 4(1 FGGFDUJWFMZ DPOUSPMT PG /($1 UISPVHI B DPNNPO DPSQPSBUF TUSVDUVSF PG UIF MBUUFS T UXP MBSHFTU 'JMJQJOP TIBSFIPMEFST UZDPPOT )FOSZ 4Z +S BOE 3PCFSUP $PZJVUP +S i(PWFSONFOU JOWFTUNFOU JO USBOTNJTTJPO XPVME NBLF BEEJUJPOBM DBQJUBM BWBJMBCMF GPS /($1 UP EFQMPZ JO UIF QVSTVJU PG DPNQMFUJOH USBOTNJTTJPO QSPKFDUT PO UJNF w UIF %FQBSUNFOU PG &OFSHZ TBJE JO B TFQBSBUF TUBUFNFOU i.BIBSMJLB DBO QBWF UIF XBZ GPS CFUUFS DPPSEJOBUJPO CFUXFFO UIF %0& BOE UIF /($1 UP IFMQ TQFFE VQ UIF JOUFSDPOOFDUJPO PG PVS QPXFS HSJE BDSPTT UIF BSDIJQFMBHP w JU BEEFE 5IF EFQBSUNFOU TBJE PG /($1 QSPKFDUT CFUXFFO BOE XFSF EFMBZFE TPNF CZ NPSF UIBO OJOF ZFBST o 3FVUFST Hj²©ÐØjº €‰ºØÌj´ jº² €ÛØÐ ²‰ç Ìj؉ Ø¿ Ŗŗơ ,"3"$)* 1BLJTUBO T DFOUSBM CBOL DVU JUT CFODINBSL JOUFSFTU SBUF CZ CBTJT QPJOUT UP PO .POEBZ JO MJOF XJUI FYQFDUBUJPOT BT JOGMBUJPO FBTFT BOE HSPXUI MPPLT UP TFU UP QJDL VQ BGUFS CBTJT QPJOUT PG SBUF DVUT PWFS UIF MBTU TJY NPOUIT 5IF 4UBUF #BOL PG 1BLJTUBO IBT TMBTIFE SBUFT GSPN BO BMM UJNF IJHI PG MBTU +VOF POF PG UIF NPTU BHHSFTTJWF NPWFT BNPOH DFOUSBM CBOLT JO FNFSHJOH NBSLFUT BOE FYDFFEJOH JUT CQT PG SBUF DVUT JO EVSJOH UIF $PWJE QBOEFNJD 5IF CBOL T HPWFSOPS +BNFFM "INBE TBJE BU B QSFTT DPOGFSFODF UIBU UIF JOGMBUJPO SBUF XPVME FBTF GVSUIFS JO +BOVBSZ CVU OPUFE DPSF JOGMBUJPO SFNBJOFE FMFWBUFE )F GPSFDBTU GVMM ZFBS JOGMBUJPO JO UIF ZFBS UP +VOF XPVME BWFSBHF i$POTJEFSJOH UIFTF EFWFMPQNFOUT BOE FWPMWJOH SJTLT UIF DPNNJUUFF WJFXFE UIBU B DBVUJPVT NPOFUBSZ QPMJDZ TUBODF JT OFFEFE UP FOTVSF QSJDF TUBCJMJUZw UIF CBOL T NPOFUBSZ QPMJDZ DPNNJUUFF TBJE JO B TUBUFNFOU BDDPNQBOZJOH UIF EFDJTJPO i5IF SFBM QPMJDZ SBUF OFFET UP SFNBJO BEFRVBUFMZ QPTJUJWF PO B GPSXBSE MPPLJOH CBTJT UP TUBCJMJTF JOGMBUJPO JO UIF UBSHFU SBOHF PG UP w JU BEEFE 1BLJTUBO T DPOTVNFS JOGMBUJPO SBUF GFMM UP JO %FDFNCFS JUT MPXFTU JO NPSF UIBO TJY ZFBST IFMQFE CZ GBWPVSBCMF CBTF FGGFDUT 5IBU XBT CFMPX UIF HPWFSONFOU T GPSFDBTU BOE EPXO GSPN B NVMUJ EFDBEF IJHI PG BSPVOE JO .BZ 5IF DFOUSBM CBOL NBJOUBJOFE JUT GPSFDBTU PG GVMM ZFBS (%1 HSPXUI BU UP BOE QSFEJDUFE GBTUFS HSPXUI XPVME IFMQ CPPTU UIF DPVOUSZ T QSFWJPVTMZ TUSVHHMJOH GPSFJHO FYDIBOHF SFTFSWFT o 3FVUFST

A Vanke project under construction in Shanghai. – REUTERSPIC

¨©ºj ÉÌ¿É‰ÌØç ¢©jºØ `jº²‰ åj̺Р¿’ ¨Û¢‰ ´¿ÐÐ

5IF &DPOPNJD 0CTFSWFS BSUJDMF EJE OPU TQFDJGZ XIBU PGGFODFT ;IV NBZ CF BMMFHFE UP IBWF DPNNJUUFE *U SFQPSUFE BU UIF UJNF UIBU DBMMT BOE NFTTBHFT UP ;IV BOE QFPQMF DMPTF UP IJN IBE HPOF VOBOTXFSFE 7BOLF EJE OPU SFTQPOE UP BO "'1 SFRVFTU GPS DPNNFOU GPMMPXJOH UIF QVCMJDBUJPO PG UIF BSUJDMF 5XP PUIFS UPQ FYFDVUJWFT m DIBJSNBO PG UIF CPBSE :V -JBOH BOE DPNQBOZ TFDSFUBSZ ;IV 9V m IBE MFGU UIFJS QPTJUJPOT iEVF UP XPSL BEKVTUNFOUTu CVU XPVME DPOUJOVF JO PUIFS SPMFT BDDPSEJOH UP UIF DPNQBOZ "MPOHTJEF PUIFS $IJOFTF SFBM FTUBUF UJUBOT 7BOLF IBT TUBHHFSFE UISPVHI B ZFBST MPOH EFCU DSJTJT BOE JO B GJMJOH BU UIF )POH ,POH 4UPDL &YDIBOHF UIJT XFFL XBSOFE PG B OFU MPTT PG BQQSPYJNBUFMZ CJMMJPO ZVBO 3. CJMMJPO MBTU ZFBS "NPOH UIF SFBTPOT GPS UIF FYQFDUFE MPTTFT XFSF iUIF DPOUJOVPVT NBSLFU EPXOUVSOu XIJMF iTBMFT BOE HSPTT QSPGJU NBSHJOT UVSOFE PVU UP CF MPXFS UIBO JOWFTUNFOU FYQFDUBUJPOTu 7BOLF TBJE JO UIF GJMJOH i5IF DPNQBOZ EFFQMZ BQPMPHJTFT GPS UIF QFSGPSNBODF MPTT BOE XJMM NBLF FWFSZ FGGPSU UP QSPNPUF CVTJOFTT JNQSPWFNFOU i-PPLJOH GPSXBSE UIF DPNQBOZ DPOTJEFST UIBU UIF JOEVTUSZ IBT BMSFBEZ HPU UISPVHI UIF

NPTU EJGGJDVMU UJNF BOE JT DPOGJEFOU UIBU UIF SFBM FTUBUF NBSLFU XJMM TUPQ GBMMJOH BOE TUBCJMJTF u 7BOLF JT BNPOH TFWFSBM NBKPS $IJOFTF QSPQFSUZ GJSNT UP CFDPNF FNCSPJMFE JO SFDFOU ZFBST JO B EFCU DSJTJT UIBU IBT MFGU EFWFMPQFST JO TFWFSF GJOBODJBM EJTUSFTT &BSMJFS UIJT NPOUI SBUJOH BHFODZ .PPEZ T EPXOHSBEFE 7BOLF T DSFEJU SBUJOH UP JOEJDBUF B iOFHBUJWFu PVUMPPL 5IF DPNQBOZ T XPFT BSF FNCMFNBUJD PG UIF SFDFOU EPXOUVSO XIJDI IBT TQPPLFE JOWFTUPST BOE XFJHIFE PO DPOTVNFS DPOGJEFODF BQQMZJOH EPXOXBSE QSFTTVSF PO #FJKJOH T BOOVBM HSPXUI UBSHFUT "VUIPSJUJFT QPTUFE POF PG $IJOB T MPXFTU SBUFT PG FDPOPNJD HSPXUI JO EFDBEFT FBSMJFS UIJT NPOUI TVHHFTUJOH UIBU B TUSJOH PG SFDFOU QPMJDJFT BJNFE BU TUJNVMBUJOH BDUJWJUZ IBWF ZFU UP GVMMZ LJDL JO #FJKJOH JO /PWFNCFS BOOPVODFE TVQQPSU NFBTVSFT GPS UIF BJMJOH QSPQFSUZ TFDUPS UIBU JODMVEFE MPXFSJOH EFFE UBY SBUFT GPS DFSUBJO GJSTU BOE TFDPOE IPNFT JO GPVS NBKPS DJUJFT JODMVEJOH #FJKJOH BOE 4IBOHIBJ $JUJFT BDSPTT UIF DPVOUSZ IBWF BMTP BOOPVODFE WBSJPVT SFMBYBUJPOT UP QVSDIBTJOH SFTUSJDUJPOT JO SFDFOU NPOUIT PODF JNQMFNFOUFE UP MJNJU IBSNGVM TQFDVMBUJPO m "'1 *U XJMM BMTP DPOEVDU B 64% */3 CVZ TFMM TXBQ BVDUJPO PG 64 CJMMJPO GPS B UFOPS PG TJY NPOUIT PO +BO 5IF 3#* iXJMM DPOUJOVF UP NPOJUPS FWPMWJOH MJRVJEJUZ BOE NBSLFU DPOEJUJPOT BOE UBLF NFBTVSFT BT BQQSPQSJBUF UP FOTVSF PSEFSMZ MJRVJEJUZ DPOEJUJPOTw JU TBJE *OEJB T CBOLJOH TZTUFN MJRVJEJUZ EFGJDJU IBE XJEFOFE UP B POF ZFBS QFBL JO UIF QSFWJPVT GPSUOJHIU 5IF EBJMZ BWFSBHF CBOLJOH TZTUFN MJRVJEJUZ EFGJDJU KVNQFE UP USJMMJPO SVQFFT JO UIF GPSUOJHIU UIBU FOEFE PO +BO BT QFS MBUFTU 3#* EBUB o 3FVUFST

ÏÚÙÜÞ ÝËãÝ ˩ÞËÕÏØ ËáËã Ìã ÚßÌÖÓÍ ÝÏÍßÜÓÞã ËßÞÒÙÜÓÞÓÏÝ˪

#&*+*/( *OEFCUFE $IJOFTF QSPQFSUZ HJBOU 7BOLF XBSOFE PG B NBKPS MPTT MBTU ZFBS BNJE B DPOUJOVJOH NBSLFU TMVNQ XIJMF BMTP TBZJOH JUT $&0 XBT SFTJHOJOH EVF UP iIFBMUI SFBTPOTu #FJKJOH IBT JO SFDFOU ZFBST HSBQQMFE XJUI B QSPMPOHFE DSJTJT JO UIF DPVOUSZ T WBTU SFBM FTUBUF TFDUPS PODF B LFZ QJMMBS PG UIF FDPOPNZ CVU OPX CFTFU XJUI TQSBXMJOH EFCU )POH ,POH MJTUFE 7BOLF JT QBSU PXOFE CZ UIF HPWFSONFOU PG 4IFO[IFO BOE XBT $IJOB T GPVSUI MBSHFTU SFBM FTUBUF GJSN CZ TBMFT MBTU ZFBS BDDPSEJOH UP SFTFBSDI GJSN $3*$ $IJOFTF PVUMFU &DPOPNJD 0CTFSWFS UIJT NPOUI DJUFE TPVSDFT BT TBZJOH UIBU $&0 ;IV +JVTIFOH IBE CFFO iUBLFO BXBZ CZ QVCMJD TFDVSJUZ BVUIPSJUJFTu CVU EJE OPU TQFDJGZ XIFUIFS IF IBE CFFO GPSNBMMZ EFUBJOFE 7BOLF IBT OPU DPOGJSNFE ;IV T EFUFOUJPO CVU TBJE JO B TUBUFNFOU UIBU IF iIBT BQQMJFE UP SFTJHO PXJOH UP IFBMUI SFBTPOTu ;IV iXJMM OP MPOHFS IPME BOZ QPTJUJPO XJUIJO UIF DPNQBOZu UIF GJSN TBJE

K ( ©º±‰€ØÐ ´©ËÛ© ©Øç ©ºØ¿ (º ©jº jº²©º¢ ÐçÐØ‰¹ .6.#"* *OEJB T DFOUSBM CBOL BOOPVODFE PO .POEBZ B IPTU PG NFBTVSFT UP JOKFDU MJRVJEJUZ JOUP UIF CBOLJOH TZTUFN JODMVEJOH CPOE QVSDIBTFT BOE EPMMBS SVQFF TXBQT XIJDI BOBMZTUT BOE USBEFST TBJE DPVME CF B QSFDVSTPS UP B SBUF DVU OFYU NPOUI UIFTF TUFQTw TBJE " 1SBTBOOB IFBE PG SFTFBSDI BU *$*$* 4FDVSJUJFT 1SJNBSZ %FBMFSTIJQ i* UIJOL B SBUF DVU XPVME CF UIF OFYU MPHJDBM BDUJPOw 1SBTBOOB TBJE BEEJOH UIF BOOPVODFNFOUT TJHOBM UIBU UIF DFOUSBM CBOL JT NPSF DPOGJEFOU BCPVU JOGMBUJPO NBOBHFNFOU

5IF 3#* T SBUF TFUUJOH QBOFM XJMM BOOPVODF JUT QPMJDZ SFWJFX PO 'FC BGUFS UIF BOOVBM GFEFSBM CVEHFU PO 'FC "T QBSU PG UIF QBDLBHF UIF 3#* XJMM CVZ HPWFSONFOU CPOET XPSUI CJMMJPO SVQFFT JO UISFF USBODIFT BOE DPOEVDU B EBZ WBSJBCMF SBUF SFQP BVDUJPO XPSUI CJMMJPO SVQFFT PO 'FC JU TBJE

5IF 3FTFSWF #BOL PG *OEJB 3#* NFBTVSFT FYQFDUFE UP DPMMFDUJWFMZ JOGVTF USJMMJPO SVQFFT 3. CJMMJPO JOUP UIF CBOLJOH TZTUFN DPNF BGUFS NPOUIT PG B DBTI DSVODI JO UIF CBOLJOH TZTUFN UIBU IBE QVTIFE VQ PWFSOJHIU BOE TIPSU UFSN MFOEJOH SBUFT i5IF VSHFODZ UIBU XBT CFJOH GFMU JO UIF NBSLFU IBT CFFO BEESFTTFE CZ UIF 3#* UISPVHI

Made with FlippingBook Digital Proposal Maker