Links for the future

Article Abstract:

The Basque government is planning or managing several infrastructure projects for which it seeks private investors as well as contractors. These include urban transportation projects, motorway improvements, renovation of the port of Bilbao, and expansions of two large airports, one for passengers and one for freight. Companies and state bodies have created the Metropoli-30 agency to oversee and pursue a renovation of the city of Bilbao, historically a center of industry but now in need of new industries and an overall repositioning.

Heavy construction, not elsewhere classified, All Other Heavy Construction, Transportation Construction, Finance, Transportation, Transportation planning

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Making inroads in Asia

Article Abstract:

Many Basque companies actively pursue exports and joint ventures in Asia, as exemplified by the 1992 launch of Indobask, a Jakarta, Indonesia-based cooperative representative office. Important Basque industries include construction, car components, capital goods, and electrical household appliances. Anchor-chain and cable maker Vicinay has a joint-venture factory in China and exports much of its product to Asia. Other companies active in Asia, including Cegasa, Elecnor, Kemen, Mayc, Ingelectric, and Danobat, are discussed.

Analysis, Foreign investments

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Building inroads

Article Abstract:

Spanish companies are achieving success in infrastructure projects in Asia. Spanish electricity utility subsidiary Union Fenosa ACEX increased its involvement in the Philippines and opened an office in Beijing during 1997. Spanish bus line Alsa has gained 15% of the Chinese inter-city road transport market. The company also operates taxi companies and has a stake in a Chinese bus-building business. Spanish companies anticipate further openings due to Chinese plans for general infrastructure improvements.

Electric Power Generation, Transmission and Distribution, Electric services, Electric Utilities, Private, Intnl Economic Relations, Intercity and Rural Bus Transportation, Interurban and Rural Bus Transportation, Intercity Bus Lines, Management, Electric utilities, Private electric utilities, Bus lines, Union Fenosa ACEX, Alsa Grupo S.A.

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