Turnkey Project Services
Longman Group Ltd, a company that helps manage and fund projects. We work with major global companies to build renewable energy projects.
China Credit Guarantee General Corporation (a part of China’s Ministry of Finance) provides guarantees. Then local banks or the World Bank provide the actual funding.
Here’s a simple summary of how we work together with partners:
Government backing needed – Any new power project requires a guarantee from the partner country’s government or national treasury.
Coal power rules – Because of carbon neutrality goals, only the local government can buy coal power equipment. We can still provide the design, equipment, and construction.
Project size – Thanks to President Xi’s policy for the Belt and Road Initiative, investment amount between 100million and 2.3 billion.
High-debt countries – welcome
Financing & Guarantees – Domestic financing is insured by China Credit Corporation (under the Ministry of Finance), then provided by a bank or the World Bank. This requires a guarantee from the partner country’s relevant ministry or finance ministry.
China Wafangdian
248MW Wind Power Plant Project
Philippines 72MW Photovoltaic and Substation Engineering Project
East Africa 4×175MW Hydropower Station Project
Laos 3×600MW Pithead Coal-fired Power Station Project
