Ties That Bind - Bay Area Council Economic Institute

Bay Area-China Trade: Behind the Numbers
Projects typically involve industrial development on a massive
scale. The most recent is the $4.3 billion, 1,055-acre CSPC
Nanhai Petrochemicals Project, a 50-50 joint venture between
Shell Petrochemicals and Chinese state-owned petroleum firm
CNOOC at Daya Bay, Huizhou in Gunagdong province. Nearing
completion, the complex includes 11 units that will produce
2.3 million tons of ethylene, polyethylene and various polymers
annually, supplying plastics products manufacturers throughout
the Pearl River Delta and China’s coastal economic zones. The
complex has 56 buildings and includes its own power generation,
waste treatment and other infrastructure. Bechtel partnered
on the project with Sinotech Engineering Inc. (SEI) of
China and Foster Wheeler Energy Ltd. of the U.K.
Other Bechtel projects in greater China include:
� Engineering and procurement services for the Qinshan
Nuclear Power Project, two 700-megawatt plants
on Hangzhou Bay in Zhejiang Province completed in
2004.
� Construction management for IBM’s Surface Laminar
Circuit High-Performance Chip Carrier Manufacturing
Facility in Shanghai, including clean rooms, utilities
and waste treatment plant, completed in 2003.
� A $1.6 billion, 1 million-square foot Motorola chip
manufacturing plant, including Class 1 clean room and
microchip assembly/testing facilities, completed in
2001.
� China’s first wholly foreign-owned power plant, the
724-megawatt Meizhou Wan project at Meizhou Bay
on the East China Sea, completed in 2001.
� The $20 billion Hong Kong International Airport Development,
constructed over eight years from 1990–
98, including a 34-kilometer transportation corridor
with a high-speed rail system, six-lane expressway,
tunnels and bridges.
� The joint Bechtel-General Electric Hsin Tao Combined
Cycle Power Project, a 628-megawatt powergenerating
plant located in Taiwan.
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