Chinese-funded enterprises invest in Sierra Diamond resources

Abstract Sierra Leone is rich in natural resources such as iron ore, bauxite, rutile, gold, diamond, etc. Among them, the reserves of aluminum bauxite and rutile are among the highest in the world. At present, the Economic Development Bureau is stable and is working hard to implement the "prosperity schedule", vigorously promote social and economic construction, and the national economy...
Sierra Leone has a wealth of natural resources such as diamonds, iron ore, bauxite, rutile, gold, etc., of which diamond and bauxite reserves are among the highest in the world. At present, the Economic Development Bureau is stable and is working hard to implement the "prosperous schedule", vigorously promote social and economic construction, and the national economy has entered a track of rapid development. The plug market has huge business opportunities for Chinese companies, and there are many uncertainties in politics, policy, labor, and public security.

In recent years, cooperation between China and Sierra Leone in the fields of investment and engineering contracting has made great progress. By the end of 2012, the total investment of Chinese enterprises in Seychelles was about 1.9 billion U.S. dollars, and various engineering contracting contracts were signed over 500 million U.S. dollars. At present, there are more than 20 enterprises in China that carry out investment and project contracting projects in Cyprus. There are more than 1,000 managers and engineers in the Chinese government. About 10 projects are under implementation. The areas involved are minerals, hydropower and agriculture. , highways, airports, telecommunications, etc.

On the basis of doing a good job of risk prevention, we will promote Chinese-funded enterprises to better carry out economic and trade cooperation with Serbia. The Chinese Embassy in Sierra Leone’s Economic and Trade Office mainly strives to be Chinese-funded from the aspects of preliminary guidance, information communication, regular exchanges and internal coordination. The company provides high quality services:

First, do a good job in the early stage of guidance. For Chinese-funded enterprises entering the market, the Chinese Embassy in Sierra Leone will introduce the political and economic situation, relevant policies and regulations, market environment, cooperation opportunities, potential risks and problems that should be paid attention to, and guide enterprises to avoid profits. Harmful, rational planning, as far as possible, all Chinese companies entering the market can combine the characteristics of the market with the company's own advantages to make scientific decisions, to avoid misjudgment due to unclear circumstances.

At the same time, in order to help more domestic enterprises understand the political and economic situation in Cyprus, the Chinese Embassy in Sierra Leone has published relevant information on the website in a timely manner, and regularly updated the “Guidelines for Foreign Investment Cooperation Country (Region)” and “Country Investment Management”. The Obstacle Report and other methods introduce the situation of the investment environment, relevant policies and regulations, investment risk barriers, etc., and issue various types of early warning notices and information.

Second, guide the implementation of the safety management system in the Chinese-funded enterprises, and strengthen the awareness of enterprise safety. According to the domestic requirements, the Chinese Embassy in Sierra Leone has timely communicated to the Chinese-funded enterprises in China the "Regulations on the Safety Management of Overseas Chinese-funded Enterprises and Personnel", the "Overseas Investment Cooperation Overseas Security Risk Early Warning and Information Notification System", and "Overseas" Documents such as the Guidelines for the Administration of Enterprise Organizations and Personnel Safety, require enterprises to organize all personnel to seriously study relevant documents, continuously strengthen the awareness of safety and prevent the safety management system. Taking 2012 as an example, last year was the election year of the University of Seychelles. In response to major emergencies that may occur before and after the election, the Chinese Embassy in Sierra Leone’s Economic and Trade Office held a special meeting on the safety of Chinese-funded enterprises in the early years. In light of the actual situation of the unit and the changes in the political security situation, the enterprise timely updated and improved various safety precautions, formulated emergency plans for emergencies, and ensured the safety of my staff and property.

In response to the poor public security situation, frequent incidents such as burglary and traffic accidents, the Chinese Embassy in Sierra Leone paid close attention to the political, economic and social situation of the Serbian Economic and Trade Office, regularly updated the security situation report and released it to enterprises in advance. Early warning of the security situation reminds corporate personnel to strengthen security and prevent malicious incidents.

Third, guide enterprises to pay attention to the relationship between economic and social benefits, and strive to create a harmonious external environment. Through visits to the project site and discussions with corporate leaders, the Chinese Embassy in Sierra Leone has reminded companies to pay attention to risk avoidance and safeguard legitimate interests, while also attaching great importance to project quality, construction safety and internal management. Problems in quality, safety and self-management will not only affect their own corporate image, but also affect the overall image of Chinese-funded enterprises. At the same time, we will guide and assist enterprises to handle the relationship with the local government departments, military and police, community, trade unions and local employees, attach importance to cultural integration, earnestly fulfill their social responsibilities, and strive to establish Chinese enterprises to operate according to law and integrity. A good image for the sake of this.

Fourth, strengthen coordination and guidance for Chinese-funded enterprises in the Cypriot, and guide enterprises to operate according to law and fair and orderly competition. With the gradual expansion of the scale and scope of China-Serbia economic and trade cooperation, the number of Chinese-funded enterprises participating in investment and project contracting projects has been increasing. The Chinese Embassy in Sierra Leone has guided the business cooperation between the Chinese and Indian companies in accordance with relevant domestic regulations. Strengthen cooperation and coordinate in a timely manner, try to avoid the disorderly competition of many Chinese-funded enterprises on the same project, so that enterprises consciously operate according to law, compete fairly, create a good market operation order, and jointly safeguard the overall interests of Chinese enterprises in Cyprus. At the same time, we will actively play the role of the Chamber of Commerce of Chinese-funded enterprises, make full use of the platform of the Chamber of Commerce to strengthen the information communication and interaction between Chinese-funded enterprises, and strengthen the ability to resist risks by continuously coordinating and cooperating with Chinese-funded enterprises. And level.

Years of practical experience have enabled a group of Chinese-funded enterprises operating in the long-term business to explore a set of effective measures to control risks. New companies entering the market can also listen carefully to the Chinese Embassy in Sierra Leone and other units on risk prevention. The recommendations on control have promoted cooperation in various fields in a scientific and orderly manner. The Economic and Commercial Office of the Chinese Embassy in Sierra Leone will guide and assist enterprises to continuously strengthen overseas risk prevention and control in accordance with relevant domestic requirements, in accordance with the changes in the situation, and create a favorable external environment for enterprises to develop long-term development in Cyprus, and ensure bilateral economic and trade cooperation between China and Cyprus. Evolving on the track of equality, mutual benefit, health and sustainability.

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