DOCSLIB.ORG

Shenyang Longemont Shopping Mall, Shenyang Longemont Offices, Perennial Jihua Mall, Foshan and Perennial Qingyang Mall, Chengdu

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Shenyang Longemont Shopping Mall, Shenyang Longemont Offices, Perennial Jihua Mall, Foshan and Perennial Qingyang Mall, Chengdu Disclaimer The value of Units and the income from them may fall as well as rise. The Units are not obligations of, deposits in, or guaranteed by, the Trustee-Manager or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request the Trustee-Manager to redeem their Units while the Units are listed. It is intended that Unitholders may only deal in their Units through trading on the SGX-ST. Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units. This presentation is for information purposes only and does not constitute or form part of an offer, solicitation or invitation of any offer, to buy or subscribe for any securities, nor should it or any part of it form the basis of, or be relied in any connection with, any contract or commitment whatsoever. This presentation should not be relied upon as the basis of an investment decision in the Units. The information contained in this presentation has not been independently verified. No representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. None of the Trust, the Trustee-Manager or any of their respective affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising, whether directly or indirectly, from any use, reliance or distribution of this presentation or its contents or otherwise arising in connection with this presentation. This presentation may contain forward-looking statements and forward looking financial information. Such statements and financial information are based on numerous assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Trust to be materially different from those expressed in these forward looking statements. Such forward- looking statements are based on numerous assumptions regarding Trust's or the Trustee-Manager's present and future business strategies and the environment in which the Trust will operate in the future, and must be read together with such assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from similar developments, shifts in expected levels of property rental income, changes in operating expenses (including employee wages, benefits and training costs), property expenses and governmental and public policy changes. Predictions, projections or forecasts of the economy or economic trends of the markets are not necessarily indicative of the future or likely performance of the Trust. The future financial performance of the Trust is not guaranteed and the Trustee-Manager does not undertake to revise forward looking statements to reflect future events or circumstances. Investors are cautioned not to place undue reliance on these forward-looking statements. 2 Contents 3 Key Messages for FY2012 Total Available DPU of 3.861 Singapore cents for FY2012 meets Forecast1: Available Distribution . 0.99 Singapore cents (Q4 2012) and Distribution per . 0.97 Singapore cents (Q3 2012) Unit (“DPU”) Meet . 0.96 Singapore cents (Q2 2012) 1 . 0.94 Singapore cents (Q1 2012) Forecast DPU of 3.86 Singapore cents translates to a distribution yield of 6.83%2. Net Profit for FY2012 of S$84.6 million was mainly contributed by fair value gain of S$60.3 million and amount drawn down from earn-out3 of S$21.9 million. Net Profit Driven Mainly The operating environment in Shenyang remains challenging. by Fair Value Gains With the Earn-Out arrangements4 in place till FY2014, the Trustee-Manager is committed to deliver a target annual Amount Available for Distribution of RMB227.0 million for FY2013 and FY2014. NAV per unit dropped from S$0.71 (as at 31 December 2011) to S$0.70 (as at 31 December 2012). Net Asset Value (“NAV”) per Unit Growth NAV per unit drop impacted by foreign exchange translation loss of 3 cents. Valuation gains recognised ‘As Is’ in 2012 NAV per unit of S$0.70. PCRT’s maiden issuance on 21 September 2012 of its S$130.0 million 6.375% Fixed Maiden MTN Notes Rate Notes due 2015 is now trading at between 5.1% to 5.3%, reflecting debt Trading Yield investors’ enhanced confidence in the issuer and the quality of its assets. 1. The Forecast was derived from the Projection Year 2012 disclosed in the Prospectus dated 27 May 2011. 2. Based on the unit closing price of S$0.565 as at 31 December 2012. 3. From the New Earn-Out Deed. 4. Comprising the Additional Earn-Out Deed and the New Earn-Out Deed. 4 Key Messages for FY2013 1 >90.0% of IPO Assets1 Development risk largely reduced for IPO assets . Completed Perennial Qingyang Mall in Chengdu, will complete construction in 2Q 2013 to 3Q 2013 Construction (one to two quarters ahead of schedule). Perennial Jihua Mall, Foshan Achieved leasing commitment of ~60.0%2 and expected to commence business in 2Q 2013. Secured anchor tenants Yonghui Superstore (supermarket) and Guangzhou Jinyi Media Corporation (cineplex), established international fashion retailers such as H&M, Monki (new to market brand by H&M), Zara, Zara Home, Massimo Dutti, Bershka, Stradivarius Leasing Progress of and Oysho, as well as F&B tenants such as Pizza Hut and KFC. Malls Slated to Open in FY2013 Perennial Qingyang Mall, Chengdu Achieved leasing commitment of ~33.0%2 and expected to commence business one to two quarters ahead of schedule in 4Q 2013 to 1Q 2014. Secured anchor tenants such as Yonghui Superstore (supermarket) and Guangzhou Jinyi Media Corporation (cineplex), specialty tenants such as Uniqlo, Zara, Pull & Bear, Bershka, Massimo Dutti, as well as F&B tenant including Starbucks. Monetise completed assets to unlock value and recycle capital for Unitholders. Pursue Initiatives to Strata-sale of non-block retail and other components in integrated developments, Unlock Value & Recycle similar in nature to the predominantly retail Beijing Tongzhou Integrated Development, to Capital generate cash flow & development profits. 1. Comprising Shenyang Red Star Macalline Furniture Mall, Shenyang Longemont Shopping Mall, Shenyang Longemont Offices, Perennial Jihua Mall, Foshan and Perennial Qingyang Mall, Chengdu. 2. Lease % includes committed leases and expected leases, for which documentation is pending execution by the prospective tenants. 5 6 1 A Sustainable Total Returns Vehicle . In line with PCRT’s Sustainable Total . Delivered Committed Distribution per Unit Return Strategy : Regular Distributions and Steady NAV per unit Growth DPU (S¢) and Distribution Yield (%) Delivered Distribution per Unit (“DPU”) 8.76%1 Distribution of 2.35 Singapore cents for FY2011 & Yield 6.83%2 3.86 Singapore cents for FY2012 as Distribution Yield committed at IPO. DPU 3.86 Singapore Cents 1 DPU 2.35 Distribution Yield of 8.76% for FY2011 Singapore Cents and 6.83%2 for FY2012. FY 2011 FY 2012 Net Asset Value (“NAV”) per unit (net of 0.71 0.70 0.67 Foreign Exchange (“FX”) translation & Earn-Out grew from S$0.68 (as at 0.02 0.05 31 Dec 2011) to S$0.72 (as at 31 Dec Earn-Out Deed 2012). 0.68 0.72 FX Translation 0.67 Unitholders' Funds (0.02) (0.04) Further NAV growth as development projects complete and are progressively IPO NAV (June 2011) 31 Dec 2011 NAV 31 Dec 2012 NAV IPO NAV (9 June 2011) 31 Dec 2011 NAV 31 Dec 2012 NAV recognised in the financials. 1. Distribution Yield is derived from using the annualised DPU of 4.16 Singapore Cents over the closing share price on 30 Dec 2011 (SGD0.475). 2. Distribution Yield is derived from using the actual DPU of 3.86 Singapore Cents over the closing share price on 31 Dec 2012 (SGD0.565). 7 Annual Committed Distribution of RMB227.0 million for FY2013 & FY2014 RMB (millions) 454.0 457.1 Additional 342.0 Earn-Out Deed3 227.0 227.0 New 115.1 Earn-Out Deed2 FY2013 (1) FY2014 (2) (1) + (2) Total Earn-out Funds Available . Total Amount Available for Distribution in FY2012 was RMB227 .01 million. Assuming the same target annual Amount Available for Distribution of RMB227.0 million for FY2013 and FY2014, PCRT’s Total Earn-out Funds available for Draw-Down are sufficient to deliver these target distributions. 1. The Projection was derived from the Projection Year 2012 disclosed in the Prospectus dated 27 May 2011. 2. New Earn-Out Deed is in connection with the expected acquisition of a 80.0% interest in Perennial Dongzhan Mall, Chengdu. 3. Additional Earn-Out Deed announced on 18 April 2012. 8 2 Strong Development Track Record . Development Risk Largely Reduced through Leveraging on Sponsor’s Real Estate . IPO Assets1 More than 90.0% Completed Integrated Platform & Strategic Partners’ Capabilities Majority of IPO Assets1 Completed GFA Completed Under Development 100.0% 9.4% Completed construction of Shenyang Longemont Shopping Mall, Shenyang 80.0% 37.1% Longemont Offices and Perennial 71.2% Jihua Mall in Foshan post-IPO. 60.0% 100.0% Perennial Qingyang Mall in Chengdu, 90.6% 40.0% is expected to complete construction in 62.9% 2Q 2013 – 3Q 2013. 20.0% 28.8% 0.0% IPO 2011 2012 2013E 1. Comprising Shenyang Red Star Macalline Furniture Mall, Shenyang Longemont Shopping Mall, Shenyang Longemont Offices, Perennial Jihua Mall, Foshan and Perennial Qingyang Mall, Chengdu. 9 Sponsor’s Fully In-house Integrated Real Estate Business Platform . The Sponsor of Perennial China Retail Trust has a fully in-house team of real estate professionals based in Singapore and China.
Load more

Recommended publications
  • Study Away Student Handbook
    NYU Shanghai STUDY AWAY STUDENT HANDBOOK Summer 2017 Shanghai Global Affairs [email protected] https://shanghai.nyu.edu/summer-admitted Table of Contents Welcome 1.Important Dates ​ 2. Contacts 2.1 NYU Shanghai Staff and Offices Academics Global Affairs Chinese Language Clinic Student Life Ner Student Programs Student Mobility Residential Life Health and Wellness IT Services 2.2 Emergency Contacts 3. Academic Policies & Resources Academic Requirements & Registration Guidelines Courses Learning Chinese Language Academic Support Academic Advising Textbook Policy at NYU Shanghai Attendance Policy Religious Holidays and Attendance Academic Integrity Examination and Grades Policies on Examinations Makeup Examinations Grades Policies on Assigned Grades Grade of P 1 Grade of W Grade of I Incompletes Pass/Fail Option Withdrawing from a Course Program Withdrawal Tuition Refund Schedule 4. Student Life Policies & Resources Student Conduct Policies and Process Residential Life Residence Hall Policies Resource Center How to Submit a Facilities Work Order Fitness Center Health and Wellness Health Insurance 5. Arriving in Shanghai Arrival Information Transportation to NYU Shanghai Shanghai Airports and Railway Stations Traveling from the Airport Move-In Day Arrangement Move-In Day 6. Life in Shanghai Arranging Your Finance Living Cost in Shanghai Banking and ATMs Exchanging Money Getting Around Dining Shopping Language Tips Religious Services Shanghai Attractions 2 Travel 7. Information Technology (IT) Printing IT FAQ – Setup VPN 8. Be Safe Public Safety Crime Prevention Safety in Shanghai Emergency Medical Transport NYU Shanghai Card Services Lost and Found Services Shuttle bus Safety Tips Safety on Campus Regulations Tips for Pickpocket Prevention If You Already Have Been Pickpocketed Information alert 3 Welcome ​ On behalf of the entire NYU Shanghai team, congratulations on your acceptance to NYU Shanghai’s Summer Program.
    [Show full text]
  • Download 3.94 MB
    Environmental Monitoring Report Semiannual Report (March–August 2019) Project Number: 49469-007 Loan Number: 3775 February 2021 India: Mumbai Metro Rail Systems Project Mumbai Metro Rail Line-2B Prepared by Mumbai Metropolitan Development Region, Mumbai for the Government of India and the Asian Development Bank. This environmental monitoring report is a document of the borrower. The views expressed herein do not necessarily represent those of ADB's Board of Directors, Management, or staff, and may be preliminary in nature. In preparing any country program or strategy, financing any project, or by making any designation of or reference to a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area. ABBREVATION ADB - Asian Development Bank ADF - Asian Development Fund CSC - construction supervision consultant AIDS - Acquired Immune Deficiency Syndrome EA - execution agency EIA - environmental impact assessment EARF - environmental assessment and review framework EMP - environmental management plan EMR - environmental Monitoring Report ESMS - environmental and social management system GPR - Ground Penetrating Radar GRM - Grievance Redressal Mechanism IEE - initial environmental examination MMRDA - Mumbai Metropolitan Region Development Authority MML - Mumbai Metro Line PAM - project administration manual SHE - Safety Health & Environment Management Plan SPS - Safeguard Policy Statement WEIGHTS AND MEASURES km - Kilometer
    [Show full text]
  • Map.Pdf 120KB
    ® TEL: +86-21-61948810 WESTINGAREA FAX: +86-21-61948803 Add: WESTINGAREA Building MRO·LAB·MEDICAL No.1 Meisheng Road, Waigaoqiao Free Trade Zone The future is now! Shanghai 200131, P.R.C. SHANGHAI WESTINGAREA M&E SYSTEM CO., LIMITED Welcom e to WESTINGAREA Dear Sir/Madam, We sincerely welcome you to visit WESTINGAREA Shanghai Head Office; Honored us with your presence. To facilitate the smooth arrival at WESTINGAREA building please refer to the following guideline, for any other questions please call +86-21-61948810. We wish you a safe journey! WESTINGAREA Map Guide˖ Traffic Departure Nearby Metro Station Distance Time Way Point Take a taxi to Songhong Road metro station of Line 2; from there take Line 2 to the Metro Hongqiao C e n tu r y Avenue metro station and transfer to 37.9 1.5 Train Air Port Line 6 to Hangjin Road metro station in the K.M. Hours direction of Gangcheng Road metro station. Take the Airport Bus No. 3 to the Longyang Road metro station of Line 2; from there take Pudong the train to Century Avenue metro station 47.4 1.5 Int’l then transfer to Line 6 to Hangjin Road metro K. M. Hours Air Port station in the Gangcheng Road metro station. Take the Line 4 metro train to Century Shanghai Avenue metro station; from there transfers to 27.2 1.3 Railway Line 6 to Hangjin Road metro station in the K. M. Hours Station direction of Gangcheng Road metro station. Take the Line 1 metro train to Shanghai Shanghai Stadium station; from there transfer to line 4 South to Century Avenue metro station.
    [Show full text]
  • The Oriental Pearl Radio & TV Tower 东方明珠 Getting in Redeem Your
    The Oriental Pearl Radio & TV Tower 东方明珠 Getting In Redeem your pass for an admission ticket at the first ticket office, near No. 1 Gate. Hours Daily, 8:00 am-9:30 pm. Address No. 1 Lujiazui Century Ave Pudong New Area, Shanghai Public Transportation Take Metro Line 2 and get off at Lujiazui Station, get out from Exit 1 and walk to The Oriental Pearl Radio & TV Tower. Yu Garden (Yuyuan) 豫园 Getting In Please redeem your pass for an admission ticket at the Yuyuan Garden ticket office located on the north side of the Huxin Pavilion Jiuqu Bridge prior to entry. Hours Daily, 8:45 am-4:45 pm. Address No. 218 Anren St Huangpu District, Shanghai Public Transportation Take Metro Line 10 and get off at Yuyuan Station, then walk to Yu Garden. Shanghai World Financial Center Observatory 上海环球金融中心 Getting In Please redeem your pass for an admission ticket at the Global Finance Center F1 ticket window located at Lujiazui Century Ave. Hours Daily, 9:00 am-10:30 pm. Address B1 Ticketing Window, World Financial Center 100 Century Avenue Lujiazui, Pudong New Area, Shanghai Public Transportation Take Metro Line 2 and get off at Lujiazui Station, then walk to Shanghai World Financial Center. Shanghai Hop-On Hop-Off Sightseeing Bus Tour 观光巴士 Getting In You must first redeem your pass for a bus ticket at one of the following locations prior to boarding: Nanjing Road Station (New World City Stop): Opposite to New World City, No. 2-88 Nanjing West Road, Huangpu District, Shanghai Bund A Station (Sanyang Food Stop): Beside Sanyang Food, 367 East Zhongshan Road, Huangpu District, Shanghai (near Beijing East Road) Shiliupu Station (Pujiang Tour Terminal Stop): 531 Zhongshan East Second Road, Huangpu District, Shanghai Yuyuan Station (Yongan Road, Renmin Road): Xinkaihe Road, Renmin Road, next to the bus stop in front of the Bund soho.
    [Show full text]
  • The Oriental Pearl Radio & TV Tower 东方明珠
    The Oriental Pearl Radio & TV Tower 东方明珠 Hours: Daily, 9:00 am-9:30 pm. Address: No. 1 Century Ave Pudong New Area (Lujiazui), Shanghai Public Transportation Take Metro Line 2 and get off at Lujiazui Station, get out from Exit 1 and walk to The Oriental Pearl Radio & TV Tower. Getting In Redeem your pass for an admission ticket at the first ticket office, near No. 1 Gate: Shanghai World Financial Center Observatory 上海环球金融中心 Hours: Daily, 9:00 am-10:00 pm. Address: B1 Ticketing Window, World Financial Center 100 Century Avenue Lujiazui, Pudong New Area, Shanghai Public Transportation Take Metro Line 2 and get off at Lujiazui Station, then walk to Shanghai World Financial Center. Getting In Please redeem your pass for an admission ticket at B1 Ticketing Window, World Financial Center at Lujiazui Century Ave: Pujiang River Cruise Tour 黄浦江“清游江”游览船 Hours：Daily, 10:00 am-8:30 pm. Address：Shiliupu Cruise Terminal，No. 481 Zongshan Rd，Huangpu District, Shanghai Public Transportation Bus: Take the bus #33, 55, 65, 305, 868, 910, 926 or 928 and get off at the Xinkaihe Road-Bus Stop of Zhongshan East Second Road, then walk to No. 481, Zhongshan East Second Road, Huangpu District. Getting In Redeem your pass for an admission ticket at the Shiliu Pu Pier, Huangpu River Tour ticket window at 481 Zhongshan 2nd Rd： Yu Garden (Yuyuan) 豫园 Hours: Daily, 8:45 am-4:45 pm. Address: No. 218 Anren St Huangpu District, Shanghai Public Transportation Take Metro Line 10 and get off at Yuyuan Station, then walk to Yu Garden.
    [Show full text]
  • General Pre-‐Departure Information
    LIU GLOBAL • CHINA CENTER 4.14.16 GENERAL PRE-DEPARTURE INFORMATION VISA 1. If you have not applied for your Chinese visa, please do so ASAP. 2. Please refer to Important Visa Information document to check the visa application details. BUY AIR TICKETS LIU Global students are encouraged to book air tickets well in advance of their departure. We recommend that students traveling to China for the first time fly directly into Hangzhou Xiaoshan International Airport (HGH) on a domestic or international flight, although this may not be the least expensive options. Students with sufficient international travel experience may also fly directly to the Shanghai Pudong International Airport (PVG) or Shanghai Hongqiao International Airport (SHA) and arrange other transportation to Hangzhou by train or bus. For students arriving in China independently, there are several cities in China that have international connections with the United States and European countries, including Beijing, Shanghai and Hong Kong. Hangzhou Xiaoshan International Airport (HGH) has international connections to Hong Kong, Tokyo, Osaka, Seoul, Bangkok and Singapore. ITEMS TO BRING AND NOT TO BRING REQUESTED SUGGESTED DO NOT ² Passport ü Prescription Medications × Illicit narcotic and ² Valid Chinese Visa (All ü Laptop psychotropic drugs students are required to ü Feminine Hygiene Products × Pornographic material of arrange a student visa ü Non-Prescription Drugs you typically any kind prior to departure for use to control cold, flu, cough, × Religious or political China) allergies, and indigestion, such as material ² A valid Health Insurance aspirin and ibuprofen, Tums, × Cold cuts or fresh fruit Policy Robitussin ü Research books ü Dictionaries ü Winter coat CONTACT INFO 1.
    [Show full text]
  • Shanghai Institute of Technical Physics
    NUSOD 2012 Shanghai Institute of Technical Physics, Chinese Academy of Sciences Shanghai Institute of Microsystem and Information Technology, Chinese Academy of Sciences Shanghai, China August 28-31, 2012 Shanghai, China Map of Shanghai Shanghai, located in the East China Sea coast, mouth of Yangtze River, is China's largest city. It has an area of about 6,340 square kilometer with the population of fourteen million. Many famous interests are located in Shanghai, such as The Bund, the Oriental Pearl Tower, Yu Garden, Shanghai Expo’2010 pavilions. Shanghai Institute of Technical Physics The Shanghai Institute of Technical Physics (SITP) of the Chinese Academy of Sciences (CAS) was set up in October 1958. SITP has 723 staffs among whom 554 are researchers including 6 CAS academicians, 2 academicians of the Chinese Academy of Engineering (CAE). There are 400 graduate students and 8 post-doctoral researchers. SITP is now mainly engaged in the research on advanced airborne and space- borne payloads, infrared staring imaging and signal processing, infrared focal plane array and infrared photoelectric devices etc.. http://english.sitp.cas.cn/ Shanghai Institute of Microsystem and Information Technology Shanghai Institute of Microsystem and Information Technology (SIMIT) of CAS was founded in 1928. SIMIT boasts 2 CAS academicians, 1 CAE academician and 1 NAS academician of USA. There are totally 800 employees, among whom are 650 scientific and technical staffs. There are 400 graduate students and 30 post-doctoral researchers. SIMIT has made a series of major scientific breakthroughs in broadband wireless mobile communications, wireless sensor networks, SOI material, PCRAM, micro/nano sensors, RF and micro-wave integrated systems, biochips, micro-satellites.
    [Show full text]
  • Transportation the Conference Will Be Held in North Zhongshan Road
    Transportation The conference will be held in North Zhongshan Road campus of East China Normal University (ECNU). The address is: No. 3663, North Zhongshan Road, Putuo, Shanghai. The hotel where all participants will stay is Yifu Building (逸夫楼) located on the campus. Arrival by flights: There are two airports in Shanghai: the Pudong Airport in east Shanghai and the Hongqiao Airport in west Shanghai. Both are convenient to get to the North Zhongshan Road campus of ECNU. At the airport, you can take taxi or metro to North Zhongshan Road Campus of ECNU. Taxi is recommended in terms of its convenience and time saving. Our students will be there for helping you to find the taxi. By taxi From Pudong Airport: about one hour and 200 CNY when traffic is not busy. From Hongqiao Airport: about 30 minutes and 60 CNY when traffic is not busy. Please print the following tips if you like “请带我去华东师范大学中山北路校区正门” in advance and show it to the taxi driver. The Chinese words in tips mean "Please take me to the main gate of North Zhongshan Road Campus of ECNU". By metro From Pudong Airport: 1. Metro Line 2 (6:00 - 22:00)->Zhongshan Park (中山公园) station (Note: exchange at Guanglan Road station(广兰路)), then take taxi for about 10 minutes and 14 CNY cost to North Zhongshan Road Campus of ECNU, or take the bus 67 for 2 stops and get off at ECNU station（华东师大站）instead. 2. Metro Line 2->Jiangsu Road (江苏路) station-> Metro Line 11->Longde Road (隆德路) station->Metro Line 13-> Jinshajiang Road (金沙江路) Station->10 minutes walk.
    [Show full text]
  • Development of High-Speed Rail in the People's Republic of China
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Haixiao, Pan; Ya, Gao Working Paper Development of high-speed rail in the People's Republic of China ADBI Working Paper Series, No. 959 Provided in Cooperation with: Asian Development Bank Institute (ADBI), Tokyo Suggested Citation: Haixiao, Pan; Ya, Gao (2019) : Development of high-speed rail in the People's Republic of China, ADBI Working Paper Series, No. 959, Asian Development Bank Institute (ADBI), Tokyo This Version is available at: http://hdl.handle.net/10419/222726 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. https://creativecommons.org/licenses/by-nc-nd/3.0/igo/ www.econstor.eu ADBI Working Paper Series DEVELOPMENT OF HIGH-SPEED RAIL IN THE PEOPLE’S REPUBLIC OF CHINA Pan Haixiao and Gao Ya No.
    [Show full text]
  • (Presentation): Improving Railway Technologies and Efficiency
    RegionalConfidential EST Training CourseCustomizedat for UnitedLorem Ipsum Nations LLC University-Urban Railways Shanshan Li, Vice Country Director, ITDP China FebVersion 27, 2018 1.0 Improving Railway Technologies and Efficiency -Case of China China has been ramping up investment in inner-city mass transit project to alleviate congestion. Since the mid 2000s, the growth of rapid transit systems in Chinese cities has rapidly accelerated, with most of the world's new subway mileage in the past decade opening in China. The length of light rail and metro will be extended by 40 percent in the next two years, and Rapid Growth tripled by 2020 From 2009 to 2015, China built 87 mass transit rail lines, totaling 3100 km, in 25 cities at the cost of ¥988.6 billion. In 2017, some 43 smaller third-tier cities in China, have received approval to develop subway lines. By 2018, China will carry out 103 projects and build 2,000 km of new urban rail lines. Source: US funds Policy Support Policy 1 2 3 State Council’s 13th Five The Ministry of NRDC’s Subway Year Plan Transport’s 3-year Plan Development Plan Pilot In the plan, a transport white This plan for major The approval processes for paper titled "Development of transportation infrastructure cities to apply for building China's Transport" envisions a construction projects (2016- urban rail transit projects more sustainable transport 18) was launched in May 2016. were relaxed twice in 2013 system with priority focused The plan included a investment and in 2015, respectively. In on high-capacity public transit of 1.6 trillion yuan for urban 2016, the minimum particularly urban rail rail transit projects.
    [Show full text]
  • How to Get There
    SECTION I EXHIBITION GUIDELINE How to Get There 12 SECTION I EXHIBITION GUIDELINE How to Get There (cont’d) Shanghai Metro Map 13 SECTION I EXHIBITION GUIDELINE How to Get There (cont’d) SNIEC is strategically located in Pudong‘s key economic development zone. There is a public traffic interchange for bus and metro, , one named “Longyang Road Station“ about 10-min walk from the station to fairground, and one named “Huamu Road Station“ about 1-min walk from the station to fairground. By flight The expo centre is located half way between Pudong International Airport and Hongqiao Airport, 35 km away from Pudong International Airport to the east, and 32 km away from Hongqiao Airport to the west. You can take the airport bus, maglev or metro directly to the expo center. From Pudong International Airport By taxi By Transrapid Maglev: from Pudong International Airport to Longyang Road Take metro line 2 to Longyang Road Station to change line 7 to Huamu Road Station, 60 min. By Airport Line Bus No. 3: from Pudong Int’l Airport to Longyang Road, 40 min, ca. RMB 20. From Hongqiao Airport By taxi Take metro line 2 to Longyang Road Station to change line 7 to Huamu Road Station, 60 min. By train From Shanghai Railway Station or Shanghai South Railway Station please take metro line1 to People’s Square, then take metro line 2 toward Pudong International Airport Station and get off at Longyang Road Station to change line7 to Huamu Road Station. From Hongqiao Railway Station, please take metro line 2 to Longyang Road Station and change line 7 to Huamu Road Station.
    [Show full text]
  • Background Information
    Background Infrastructure & Cities Sector Information Mobility and Logsitics Division Munich, February 12, 2013 Worldwide references for Trainguard MT Newly built lines Algiers, Algeria, Metro Line 1 As consortium leader, Siemens handed over the first metro line in Algiers as a turn- key project to President Abdelaziz Bouteflika in November 2011. The scope of supply included the Trainguard MT automatic train control system, the Airlink radio transmission system, and the Digiloc train locating system from Siemens. The tele- communications system, the traction power supply, the trackwork, the fare collection system, and the operations control center were also installed. in addition, Siemens was responsible for project management and all project planning. The Algerian gov- ernment is investing in the country's infrastructure within the scope of an economic stimulus program. The metro system should contribute toward reducing the daily traffic congestion in the capital and boost the mobility of its inhabitants. The local transportation company, Entreprise Métro d’Algier (EMA), therefore placed an order for construction of the first section of Line 1. It covers a distance of nine kilometers, serves ten stations, and runs mainly underground. Originating in the south, the line continues in a northerly direction along the coastline and westwards into the center of Algiers. In the mid term, the line is to be extended by 3.5 kilometers. EMA antic- ipates a daily passenger volume of about 300,000 persons for the complete line. Project scope • Trainguard
    [Show full text]