Laos Sustainability Report slide image

Laos Sustainability Report

06 E 07 Q Responsibility focus: Endeavor to pursue our dream along the Silk Road In September and October 2013, during his visit to Central Asia and Southeastern Asia, President Xi Jinping proposed the strategic initiative of jointly building the "Silk Road Economic Belt" and the "21st Century Maritime Silk Road", attracting high level attention from the international community. In March 2015, the Chinese government released Vision and Actions on Jointly Building Silk Road Economic Belt and 21st-Century Maritime Silk Road, stating that the "Belt and Road" construction is open and inclusive that welcomes the active participation of various countries and international, regional organizations, which has won extensive recognition of and active response from the international community. 管 As one of the earliest Chinese enterprises to develop the overseas market, PowerChina's growth strategy is in line with the "Belt and Road" initiative. The company has put much effort in developing the overseas market, and established the priority strategy of developing the international business. Over the years of operating in the international market, the company has set up six regional SIEC headquarters globally and 259 overseas offices in 104 countries; it has substantive business in 115 countries and regions, and executes contracts in 89 countries involving 1,207 EPC general contracting or contracted construction projects, accumulating rich experience in international marketing and project implementation. Silk Road Economic Belt Power Construction Corporation of China Oct.31, 2013 The 230KV power transmission line from Hin Heup to Luang Prabang constructed by the company was completed half a year ahead of schedule and started trial operation, and Luang Prabang II transformer substation and line construction was successfully completed. The company's Nam Khan 2 Hydropower Station was officially completed and handed over for operation, starting to provide electricity support for the several provinces in Northern Laos. Nov. 28, 2015 Dec. 29, 2013 PowerChina's first BOT project Nam Ngum 5 Hydropower Station completed the year's power generation task three days earlier than the original schedule, and the on-grid electricity generated was 500.6811 million kilowatt-hours. All the units of the Nam Ou River Project (Phase I) hydropower stations invested and developed for a whole basin overseas by the company were put into operation for power generation. May. 12, 2016 Jun.25, 2014 The first resettlement village of Nam Ou Level-2 Hydropower Station was officially completed, providing guarantee for the successful completion of water storage and power generation of the hydropower station constructed by the company. The Lao Nam Ngum 5 water conservancy and hydropower engineering project constructed by the company won 2016 China Construction Project Luban Award (Overseas Projects). Jul.23, 2014 Nov.25, 2016 21st-Century Maritime Silk Road The company released Enterprise Standard of Nam Ngum 5 (Laos) Power Generation Company. This is a valuable achievement of PowerChina's first standardized construction f operating a hydropower. The level-1 and level-7 Hydropower stations of Lao Nam Ou project (Phase II) invested and developed by the company for the whole basin overseas completed river closure at the same time, achieving the first node target that was of milestone signifi ahead of schedule. Nov. 8, 2017 Nov. 6, 2015 The company's Lao Nam Tha No.1 Hydropower Station completed river closure one year ahead of schedule, indicating that the project had entered the construction phase of the main project. Chinese President Xi Jinping published signed article in the Laotian media titled China and Laos: Working Together for a Community of Shared Future with Strategic Significance. In the article, President Xi spoke highly of the Lao Nam Leuk hydropower station project undertaken by the Company, saying that "The Nam Leuk hydropower station undertaken by Chinese companies is operating well, and playing an important role in the economic and social development of Laos." Nov. 14,2017 Laos Sustainability Report
View entire presentation