22 THE EXPORT-IMPORT BANK OF CHINA ANNUAL REPORT 2012

Major Projects

1. Export of Jack-up Rigs, Dalian Shipbuilding Industry Co., Ltd.

In 2012, the Bank signed a loan agreement

with Seadrill Co.,Ltd. of Norway to support

it in purchasing jack-up rigs from Dalian

Shipbuilding Industry Co., Ltd.

This project helped Chinese shipbuilders

export offshore platforms with high added

value and high technology, which could

3. Penang Second Bridge, Malaysia

In 2012, the Bank provided preferential loan

to the construction of the Penang Second

Bridge in Malaysia.

This project aimed to share the pressure on

the Penang First Bridge and further stimulate

local economic growth. Upon completion,

the bridge will become the longest cross-sea

bridge in Southeast Asia.

2. Advanced Oil Processing Center at Atyrau Oil Refinery Plant, Kazakhstan

In 2012, the Bank supported the Advanced

Oil Processing Center at Atyrau Oil Refinery

Plant in Kazakhstan by its export buyer’s

credit.

This was a key project supported by the

government of Kazakhstan in its effort to

develop its industrial sector. The project will

enhance the deep processing capability of

the plant and its refinery efficiency, improve

the livelihood of the local people and promote

economic growth.

enhance their design and construction capability

in the offshore engineering field and increase

their market recognition and competitiveness.

23THE EXPORT-IMPORT BANK OF CHINA ANNUAL REPORT 2012

Major P

rojects

4. A Road of Friendship between China and Pakistan

In 2012, the Bank used its preferential loan

to support the upgrading and reconstruction of

the Karakoram Highway, a road of friendship

between China and Pakistan.

This project will guarantee that the road

channel for China-Pakistan economic and

trade exchanges will be unimpeded. In

addition, this road is the only one connecting

northern Pakistan to the capital and southern

coastal areas. It will play a significant role in

5. Central Heating Project, Xujiadongshan, Qingdao

In 2012, the Bank used German Promotional

Loan to support the Xujiadongshan Central

Heating Project.

This project will meet the heating needs of

public buildings as well as residential houses

in the central area of the North District of

Qingdao and improve the local environment

and people’s living standards.

promoting social and economic development in

areas along the road, facilitating border trade

between China and Pakistan and enhancing the

traditional friendship between the two countries.

6. Inland Waterways Dredging Project, Shanghai

In 2012, the Bank provided financing support

to the dredging work of inland waterways in

Shanghai, a city that is striving to build itself

into an international shipping center.

This project will help make the best use of

the advantages of inland waterways transport,

which is demonstrated by big capacity, low

energy consumption, low cost, high safety

and efficiency and environment-friendliness.

It will enhance transport capacity of the

Shanghai harbor and help Shanghai become

an international shipping center.

24 THE EXPORT-IMPORT BANK OF CHINA ANNUAL REPORT 2012

Major Projects

7. Product Export, XCMG Group

In 2012, the Bank provided export seller’s

credit to XCMG Group to support its high-end

machinery export.

This project played an active role in pushing

forward the implementation of the company’s

strategy of internationalization, helped to earn

foreign exchanges through exports, increased its

profits and further strengthened its machinery

manufacturing capability.

8. Merger of AMC PLC America, Dalian Wanda Group Co., Ltd.

In 2012, Dalian Wanda Group Co., Ltd

merged AMC PLC America with the support

of the Bank’s overseas investment credit.

This project marked a new breakthrough in the

attempt of Chinese companies to “go global”

in the culture and communication sector and

made the Chinese cultural industry more open

and commercial.

9. Ice and Snow World, Harbin International Ice and Snow Festival, Harbin

In 2012, the Bank provided financing support

to the construction of the Ice and Snow World

of the Harbin International Ice and Snow

Festival.

This project effectively enhanced the international

image of Harbin as a city of ice and snow, and

added more culture and tourism value to the Ice

and Snow Festival.

25THE EXPORT-IMPORT BANK OF CHINA ANNUAL REPORT 2012

Major P

rojects

10. National Institute of Sport in Equatorial Guinea, Yunnan Construction Engineering Group Co., Ltd.

In 2012, the Bank provided loans for

overseas project contracting to Yunnan

Construction Engineering Group Co., Ltd. for

the construction of the National Institute of

Sport in Equatorial Guinea.

The implementation of this project will improve

the infrastructure in Equatorial Guinea, raise

local education level, promote local economic

growth, and strengthen economic and trade ties

between China and Equatorial Guinea.