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Started in 1977, Georgiou synergy of six business units offers whole of package capability. With
Georgiou Project Management, Infrastructure, Engineering, Building, Mining Services, and Pre Cast.
Georgiou operates an in-house pre cast concrete manufacture facility and dedicated plant department
servicing over 250 pieces of our plant and equipment with a 7 year LTI FREE record. Georgiou head
office in Western Australia and it expanded in to Queensland, Victoria, and New South Wales means
Georgiou continues to explore new business opportunities with sustains stability to ensure stronger
and a brighter future for our people.
The vision is to work with the best people and Georgiou values
-Safety
-Teamwork
-Excellence
-Pride; with guides our interactions and decisions, which shakes the Georgiou culture. Georgiou has
shared LWP visions and commitment in building up prestigious neighbor hood at Elmbrook and has
shared the journey building 14 year relationship another project built on successful partnership is the
remediation of the old midland railway work shops. Under early contractor involvement with the
midland redevelopment authority. Georgiou understanding of construction in pipelines and pumping
stations has laid us to cater maunders population growth .VPS partnership engage Georgiou to build a
new DN1400 pipeline from Harvey sterling trunk main to the north Mantry tank with an extensive
studies carried out to the flora fauna soil and heritage of the area.
Georgiou building has established it self with a reputable builder securing projects number of diverse
developments. Georgiou with preen architects designed and developed and construct residential
apartment using preens pod technology. Which incorporate with stackable housing system with
energy efficient green energy principles. Using Georgiou in house pre cast facility we decided to
innovate steel mold that enables a pod to be cast in one piece guaranteeing a high quality product.
Georgiou also provide marine and port construction solutions. Road and bridge construction large-
scale concrete structures and crevice installation for the mining and LMG industries.
As an important upgrade to Perth public transportation network Georgiou has recently completed the
design and the construction the new Perth arena bus bridge for the public transport authority. This
improvement, launched bridge replace as an act grade bus way and won a CCFWA EARTH award.
We have perceived as the strongest and survived for over 30 years in the Australian market.
Transportation is an important sector of Pakistans economy, making up 10% of the GDP and
over 17% of Gross Capital Formation. The sector consumes 35% of the total energy annually and is
the recipient of substantial portion of the annual federal public sector development program. (Ministry
of Communications Government of Pakistan, 2009)
Georgiou Group have considerable expertise in areas such as the design, construction,
financing, and management of infrastructure projects and operations for which there are likely to be
profitable opportunities arising from Belt and Road projects in Asia and Europe.
Currently chinas economic diplomacy has become the focus if chinas BRI. The main target is on
chinas incorporation into the planet economy on abundant depth avenues and on the far side its trade
and flows of investment than ever before. Though the government of china legitimately prefers to call
it an initiative, because the new gap up strategy it ought to be deemed, and also the modification in
domestic and international ought to be developed in response to its circumstances. the parable within
the name of the initiative explained by Mr. Yuan Li the BRI pursues four-dimensional economic and
political objectives.
(Amighini, 2017)
3. Importance Of China Pakistan Economic
Corridor.
Chinese Government is trying to utilize the entire necessary supporting role to enabling the
environment for the open economic system and logistic system in the regional vision of CPEC. Apart
from china and Pakistan surrounding countries will benefit from CPEC. CPEC is the correct initiative
for both countries and also play a major role of importance for them. Pakistan will increase its
economic growth through this project, and it is the right initiative for both countries China and
Pakistan. Peace, prosperity, and development is intended by CPEC. Although the CPEC will face a lot
of challenges, have significant potentials of promising future. Lack of right decision and inadequate
opportunities has affected the people of Pakistan many a times in the past. How ever with the
involvement of the CEPC in terms of state transformation the prosperity of the people will increase.
With the Chinese commitment of $46 billion following the president visit inn2015 CPEC was able to
grab the world attention in terms of growth of economy and new development, which in its essence is
the true prosperity between the two nations.
(Henny & Kiran, 2017)
There will be focus on relations upon executing this initiative, letting cultural and academic
exchanges. Such undertakings will facilitate to reinforce public support and deepen mutual and
multilateral cooperation. These aim to increase personal exchange and cooperation between countries
on the Belt and Road. (BDO Advisory Pte Ltd, 2015)
Financial Integration
A vital part of implementing the Belt and Road initiative would be to enhance financial integration
between countries. Planning to build a financing system. There will Additionally make different
monetary activities in the pipeline for the extending for fiscal collaboration. Fiscal foundations for
example, such that the Asian infrastructure Investment bank Furthermore BRICS New Development
bank need aid made to extend those degree of multilateral financial participation. Also, monetary
regulation cooperation is tended to through Expanded cross-boarder return between credit rating
institutions and systems. (BDO Advisory Pte Ltd, 2015)
Boosting monetary integration between countries is a result implementing the belt and road initative.
There are plans to create a currency stability system, investment and finance system, and credit data
system in Asia. there'll even be alternative monetary initiatives within the pipeline for the deepening
of economic cooperation. monetary establishments like the Asian Infrastructure Investment Bank and
BRICS New Development Bank are established to expand the scope of triangular monetary
cooperation. Also, monetary regulation cooperation is self-addressed through accumulated cross-
border exchange and cooperation between credit rating establishments and systems. (BDO Advisory
Pte Ltd, 2015)
Infrastructure Development
Countries along the Belt and Road would be able to improve the connectivity of their infrastructure
construction plans and form an infrastructure network, bringing together all sub-regions in Asia,
Europe and Africa, taking into account of each others security and sovereignty concerns. Key
transportation passageways will be improved on, in order to realize international transport facilitation
for the different countries through the following areas:
Railways and highways;
Sea ports;
Aviation;
Energy Oil and gas pipelines, power supply; and
Communications Optical networks
Still, guanxi need its limits; it is not a license to steal. Like other principles of Chinese culture,
those guideline is in view of control. Over the top guanxi violates both moral also legitimate
standards. In the Claiborne case, those gifts that the two Chinese intelligence officers provided for
their initiate and the ulterior motives behind them crossed those lines for control Furthermore
under that domain of unlawful abundance.
(Scott, 2017).
Complex construction projects enabled Georgiou to gain confidence in project delivery and develop
world best practices in project planning and financial forecasting, talent and risk management.
(Lumsden, Knight, & Daveson, 2015)
While Australia does not fall on the One Belt One Road map, it nonetheless presents Georgiou Group
company has the opportunity to gain from the spreading of economic development. (Lumsden,
Knight, & Daveson, 2015)
China clearly understands the benefits that the Australian services sector has to offer China under
ChAFTA (The China Australia Free Trade Agreement). (Lumsden, Knight, & Daveson, 2015)
Acquisition is not the only option for China in securing the skills of Australian construction firms.
The One Belt One Road Initiative, together with ChAFTA presents, opportunities for Australian
companies to joint venture with Chinese companies in providing construction services
(Lumsden, Knight, & Daveson, 2015)
Political Risk
With the increase in cross-border activities, there will be a rise in political uncertainty, relating to
trade embargos, infrastructure impediment and corruption, especially amongst the developing nations.
Countries along the Belt and Road would then have to consciously work together to prevent such risks
and organize a well-planned insurance program. (BDO Advisory Pte Ltd, 2015)
Social Implications
As China shifts its overcapacity to the countries along the Belt and Road, there would be a reduction
in jobs, and the closing down of plants and factories in affected countries. This might lead to social
implications amongst the large proportion of people in export related industries. The China Labor
Bulletin reported earlier in 2015 that worker strikes and labour unrest in China increased significantly
in 2014 as compared to the previous year, with the increase linked to the economic slowdown.
(BDO Advisory Pte Ltd, 2015)
3.1 The Search for a Distributor/Partner: Going to trade fairs is a substantial best approach to
attract business partners, and recommended. The manifestation of the booths, those standards of
presentations, and communication skills will all help o present the good first impression. However,
these impressions can misdirect, dont neglect those need about getting should know your accomplice
alternately leading fundamental due diligence. (EU SME CENTER, 2015)
4 Characteristics of the Construction Sector: Should be obvious there would a few disasters and
risks when it come to the construction sector. Chinese partners may not practice the western codes of
direct. Accomplices don't fundamentally take after those Western methods of doing business. This
issue needs should be plainly tended throughout partnership negotiations. An impartial source data on
the partner is determinedly proposed clinched alongside whatever case, to guarantee a full
understanding of the condition. (EU SME CENTER, 2015).
5 Implementation and Follow-up: It includes setting dependent upon reporting weight systems,
seeing how those accomplice works, negotiating issues that need not been elucidated beforehand,
negotiating issues, training, get ready advertising materials, checking translations, Furthermore setting
limits around the thing that can be make sold also what can't. Experiences with accomplices in
different nations will absolutely assistance for actualizing those organizations. Transitory supporting
to this period might additionally make tried from consultancies. (EU SME CENTER, 2015).
6. Due to political instability in certain countries, Chinese joint venture Australian companies must
consider whether there will be significant changes in foreign investment policies or industry entry
requirements there if the ruling government changes.
7. Be comfortable dealing with officials You will Figure yourself working nearly for
legislature officials, Also you might face a considerable measure of formality when applying to
permits and approvals. You could start finishing benefits of the business sooner Toward
guaranteeing that you bring a robust understanding from claiming whats needed. (ANZ
Busines, 2017)
8.Partnerships are key: each entrepreneur in china runs their business clinched alongside close
affiliation to know their stakeholders. These incorporate partners, suppliers, government, he
community and backers. It is an essential factor that you ensure that all parties are included in a major
gathering (ANZ Busines, 2017)
10. Conclusion
In conclusion, the One Belt One Road initiative would result in many more investment
opportunities for Chinese companies expanding overseas, as well as providing the countries along
the Belt and Road with a myriad of benefits. However, such opportunities may bring along with
them the inevitable challenges and risks faced by the relevant parties. What is important to note
is for China to have the right governance and framework to help these companies and countries
navigate through the bumpy global landscape.
11. References
o Ahmad, R., & Mi, H. (2017). China-Pakistan Economic Corridor and Its Social Implication
on Pakistan: How Will CPEC Boost Pakistan s Infrastructures and Overcome the
Challenges? Arts and Social Sciences Journal , 8 (2), 1.
o Amighini, A. (2017). China's Belt and Road; a Game changer? Milano, Italy: ISPI.
o ANZ Busines. (2017). Challenges of doing business in China. Retrieved 8 22, 2017, from
ANZ Business: http://www.anzbusiness.com/
o BDO Advisory Pte Ltd. (2015). One belt ,one Road. Merchant Road: BDO Advisory Pte Ltd.
o Commisceo Global Consultancy. (n.d.). China Guide. Retrieved 8 20, 2017, from
Commisceo Global: http://www.commisceo-global.com/
o EU SME CENTER. (2015). The constructions sector in china. Beijing: EU SME Center.
o Henny, S., & Kiran, S. (2017, 05 12). China takes project of the century to Pakistan.
Financial Times . Karachi, India.
o Lumsden, A., Knight, L., & Daveson, S. (2015, 2015 20). CHINAS ONE BELT ONE ROAD - A
NEW OPPORTUNITY FOR AUSTRALIAN EXPERTISE. Retrieved 8 22, 2017, from Corrs
Chambers Westgarth: http://www.corrs.com.au/
o Scott, S. (2017, 04 27). Guanxi: How Business Is Done in China. Retrieved 08 22, 2017,
from Stratfor Worldwide: worldview.stratfor.com