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Chinese alliance may soon bear fruit

A STRING of major projects in China could result from a new joint venture marrying Chinese design skill with British experience on 'commercialisation' and early project financing.

British capital projects management consultant Vector Management, which has played a major role on Heathrow Terminal Five, is teaming up with the China Aeronautical Project & Design Institute, one of China's top ten design and construction organisations.

'We will be doing front-end feasibility, management consultancy and training as well as advice on financing and project management,' Vector Management's John Davies told NCE from Beijing.

China is committed to a huge infrastructure investment in the next period to counter the Asian crisis.

Early projects are likely to include the planned Guanzhou airport and involvement with the Shanghai international airport, already under construction.

The joint team is also pitching for the master plan study for a new Xian airport and for a replacement airport for Chongqing, one of the country's largest cities.

A memorandum of understanding has been signed and the open ended deal is due to be finalised in April.

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