More Indian companies to explore business opportunities in northwest China - Xinhua News Agency

NEW DELHI, June 18 (Xinhua) -- More Indian companies will explore business opportunities in China, a senior official of Indian largest trade association said on Monday during a promoting campaign sponsored by Chinese Embassy and local government in northwest China.

The second session of China-Eurasia Expo, to be held in Xinjiang Uygur Autonomous Region of northwest China, will provide a platform to display the competitive products from China and Eurasian countries and their investment policies and tourism environment, said Chen Jing, deputy secretary-general of the government of Xinjiang at the press conference.

As a platform to introduce Chinese companies and products, the organizer invites several trade associations , business and their leaders to attend the promotion conference. During the meeting , some Indian officials and entrepreneurs express their interests in seeking cooperation with their Chinese counterparts.

Mahesh C Naithani, Senior Advisor of ASSOCHAM (the Associated Chambers of Commerce and Industry of India), one of the apex trade associations of India, said "the Expo is unique, as it provide an opportunity for countries along the Silk Road to unite and develop their economy. I believe we can also find more Chinese business partners to invest in India."

If we can find more high-quality Chinese enterprises invest in India, it will promote exports to China and improve our employment, thus gradually fill the trade gap, said Naithani.

Naithan aslo said his association will convey to member companies the information obtained at the conference. He'll bring more companies to attend the Expo.

Deshendra Renjen, senior advisor of Pabarpur Business centre Software Technology Incubator Park, told to Xinhua that it is a great opportunity to expand his software business in China, and he hope he can find his Chinese partners in the forthcoming Expo.

The China-Eurasia Expo is a new platform for economic and cultural exchanges and creates new opportunities to expand the mutual business. The first China-Eurasia attracted more than 20, 000 domestic business people and about 4,000 international purchasers, bagging a total value of 5.5 billion U.S. dollars.

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Small Business Opportunities India, Franchise Companies India, Get Franchise Mumbai

http://www.remax-mgm.com/
RE/MAX provides the best franchise opportunity in India to start your business in the booming real estate industry. Amongs all new business opportunities, real estate is one such lateral industry which serves almost any industry.
Starting a franchise was never so easy. With 100+ offices across India in a short span of 2 years, RE/MAX has already set systems and processes in place to set up your business in the shortest possible time.
Get in touch with any of our regional offices in Ahmedabad or Mumbai to get franchise rights for Gujarat or Maharashtra.

View the original article here

Small Business Opportunities India, Franchise Companies India, Get Franchise Mumbai

http://www.remax-mgm.com/
RE/MAX provides the best franchise opportunity in India to start your business in the booming real estate industry. Amongs all new business opportunities, real estate is one such lateral industry which serves almost any industry.
Starting a franchise was never so easy. With 100+ offices across India in a short span of 2 years, RE/MAX has already set systems and processes in place to set up your business in the shortest possible time.
Get in touch with any of our regional offices in Ahmedabad or Mumbai to get franchise rights for Gujarat or Maharashtra.

View the original article here

Small Business Opportunities India, Franchise Companies India, Get Franchise Mumbai

http://www.remax-mgm.com/
RE/MAX provides the best franchise opportunity in India to start your business in the booming real estate industry. Amongs all new business opportunities, real estate is one such lateral industry which serves almost any industry.
Starting a franchise was never so easy. With 100+ offices across India in a short span of 2 years, RE/MAX has already set systems and processes in place to set up your business in the shortest possible time.
Get in touch with any of our regional offices in Ahmedabad or Mumbai to get franchise rights for Gujarat or Maharashtra.

View the original article here

Top Franchise Companies, Best Franchise Idea, Property Franchise Opportunity, Real Estate Business

http://www.remax-mgm.com/
If you are looking for a franchise business in India in real estate then RE/MAX has the best new business opportunity in property franchising. The world's largest selling real estate company can help you become a property broker or real estate agent with extensive training from the top real estate consultants. A RE/MAX franchise office is a network or property agents and real estate brokers working together. Earn money in the most profitable industry with maximum work/life balance.

View the original article here

More Indian companies to explore business opportunities in northwest China - Xinhua News Agency

NEW DELHI, June 18 (Xinhua) -- More Indian companies will explore business opportunities in China, a senior official of Indian largest trade association said on Monday during a promoting campaign sponsored by Chinese Embassy and local government in northwest China.

The second session of China-Eurasia Expo, to be held in Xinjiang Uygur Autonomous Region of northwest China, will provide a platform to display the competitive products from China and Eurasian countries and their investment policies and tourism environment, said Chen Jing, deputy secretary-general of the government of Xinjiang at the press conference.

As a platform to introduce Chinese companies and products, the organizer invites several trade associations , business and their leaders to attend the promotion conference. During the meeting , some Indian officials and entrepreneurs express their interests in seeking cooperation with their Chinese counterparts.

Mahesh C Naithani, Senior Advisor of ASSOCHAM (the Associated Chambers of Commerce and Industry of India), one of the apex trade associations of India, said "the Expo is unique, as it provide an opportunity for countries along the Silk Road to unite and develop their economy. I believe we can also find more Chinese business partners to invest in India."

If we can find more high-quality Chinese enterprises invest in India, it will promote exports to China and improve our employment, thus gradually fill the trade gap, said Naithani.

Naithan aslo said his association will convey to member companies the information obtained at the conference. He'll bring more companies to attend the Expo.

Deshendra Renjen, senior advisor of Pabarpur Business centre Software Technology Incubator Park, told to Xinhua that it is a great opportunity to expand his software business in China, and he hope he can find his Chinese partners in the forthcoming Expo.

The China-Eurasia Expo is a new platform for economic and cultural exchanges and creates new opportunities to expand the mutual business. The first China-Eurasia attracted more than 20, 000 domestic business people and about 4,000 international purchasers, bagging a total value of 5.5 billion U.S. dollars.

View the original article here

Nearly 1,000 companies look for business opportunities at Algiers International Fair - Xinhua News Agency

ALGIERS, May 30 (Xinhua) -- Algiers International Fair (FIA) opened Wednesday at the Exhibition Hall of Pins Maritimes in the east of Algiers, as nearly 1,000 participants, including 600 foreign companies and 370 local ones, are taking part in this fair.

Algerian President Abdelaziz Bouteflika attended the opening ceremony of the International Fair with the theme of "50 years of construction," local APS news agency reported.

Running until June 5, the 45th Algiers International Fair covers an area of 47,160 square meters, hosting enterprises from nine countries of Europe, eight of the Arab world, six of North and South America, four of Asia and one of Africa.

As guest of honor, Egypt sent 61 companies, in textile, chemical industry and processing industry, to attend this fair.

The 370 local companies, of which 80 percent are small and medium-sized enterprises, operate in the sectors of construction, public works, water resources, energy, agriculture, electronics and mechanical engineering.

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Malaysian companies can profit from Big Data and the Cloud: FalconStor

FalconStor to hold awareness session in Kuala Lumpur to help Malaysian companies to uncover the opportunities presented by Big Data and cloud computing.

PHOTO - Simon Ng, South Asia regional director of FalconStor Software Inc

Malaysian companies can realise benefits and business opportunities by getting beneath Big Data and cloud computing, said data protection solutions provider FalconStor Software Inc.

Speaking on May 31 2012, FalconStor Software South Asia regional director Simon Ng said it was time to hold an awareness and education session for Malaysian companies from all industry sectors to discuss Big Data and the importance of cloud computing.

"with the rapid rise of cloud computing, data analytics and Big Data, we are asked by customers to explain the technology and not jargon, and present the real insights into the storage world of Big Data and Cloud impact on their IT environment and daily operations," said Ng.

"In particular, safeguarding valuable company information by using a recovery process that is key based on a unified storage infrastructure to ensure any soft errors like data corruptions or OS (operating system) crash can be recovered based on any services, anywhere and anytime," he said, adding that a rest and test application was also essential to ensure availability and continuity of data, server, storage, infrastructures.

Ng said the company has gathered experts in Kuala Lumpur to uncover the basics and practical opportunities behind Big Data. "Despite all the hype created around Big Data there is no doubt that the need to cope with the aggressive growth of data, as well as to contend with the increased variety of data sources, is not only introducing a number of challenges for organisations, but also significant opportunities."

"Questions posed are whether organisations in this region ready to embrace Big Data Analytics and  What are the key challenges faced by end-users?" he said."There has to be an emphasis on heterogeneous cloud and storage consolidation and on the importance of recovery in the cloud based on the angle of fast, accurate and simple recovery on server storage virtualisation. In addition, CIOs need to test their confidence and trust on strengthened security on DR-as-a-Service (DRaaS) to help them jump on-board this cloud infrastructure."

For more information about the Falconstor Solutions Day 2012, Sime Darby Convention Centre Malaysia, 5th June 2012, please visit - http://info.falconstor.com/MY2012FalconStorSDAgenda.html

1 

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Malta’s close ties with Libya ‘an opportunity for US companies’ - Times of Malta

Lorraine Harriton: Over the years the US’s economic relationships are really going to be critical for America’s overall foreign policy and political agenda. Photo: Matthew Mirabelli

Malta’s long-standing and deep connections with Libya are an opportunity for American companies, Lorraine Harriton, the US State Department Special Representative for Business tells The Times Business in an interview during a visit to Malta.

We think there are opportunities for American businesses to use Malta’s business connections and its strategic location to access Libya

“We know that Malta has long-standing and deep connections with Libya which I think is an opportunity for American companies to leverage. It will be some time before Libya really has the type of infrastructure and environment that makes it easy for companies to conduct business in Libya so we think there are opportunities for American businesses to use Malta’s business connections and its strategic location to access Libya. I am here today to have discussions with the Maltese government on how we might be able to collaborate and support American businesses,” she says.

She adds that the US is very grateful to the Maltese government for all it did during the Libyan conflict “to support our agenda and be a partner in that”.

Ms Harriton, who also spoke at a business breakfast on Intellectual Property Rights protection during her visit to Malta, says American companies are very interested in the opportunities in Libya. In fact, the State Department’s Assistant Secretary for Economic and Business Affairs Jose Fernandez was recently part of a trade mission to Libya organised by the Libya US Business Association to assess the opportunities there.

“The visit was part of an overall programme that the US government has done with Libya and the American business community. Our Ambassador to Libya, Gene Cretz, has been having conference calls on a regular basis to keep the American business community up to speed on what’s going on in Libya.”

She says the US government is renewing its commercial relationship with the government and people of Libya “and our recent trade mission included companies like Dow Chemicals, GE and several other high level representatives of the private sector.”

Ms Harriton says that besides the energy sector there are other US economic interests in Libya.

“There’s a tremendous amount of infrastructure work that needs to be done and all the major infrastructure companies are interested, the airport, roads and water. There are opportunities in IT, telecommunications, and then over time, the tourism and hotel industry and the retail industry.”

Special representative Harriton is responsible for promoting US commercial interests worldwide. What message is she giving about the state of the American economy?

“The US economy is recovering, it’s growing and what we are really focused on, on my agenda, are two areas. One is supporting President Barack Obama’s national export initiative, which is to double exports over five years from 2009 to 2014. This is on track and in the first two years we grew 15 per cent, so it’s been very successful, but we have a lot of work to do to continue to meet that agenda. Dealing with Libya is part of our overall national export initiative.

“The other area we are focused on is promoting foreign direct investment into the US. In fact I am on my way to India where we have an opportunity to expand both our exports as well as Indian investment into the US.”

She says that the US State Department has a big focus on helping American businesses and Secretary of State Hilary Clinton has delivered a number of major speeches on economic statecraft – a recognition that in the 21st century supporting American businesses and exporting the US’s economic agenda are an important part of American foreign policy agenda. “Things like working closely with Malta to work together in Libya, for example, and even the discussion I had today on Intellectual Property Rights protection and how we can collaborate on that is part of economic statecraft. We believe that strong bilateral and multilateral economic relationships support our overall foreign policy agenda.”

She says that over the last decade military and security issues were really the focus, especially after 9/11 but as they look at the outlook for the next years the US’s economic relationships are really going to be critical for America’s overall foreign policy and political agenda.

“We see this around the world, we see a lot of shifts, to where economic relationships are going to be and we see a shift towards Asia. While we maintain our strong relationship with Europe we must also look towards the emerging powers in Asia,” she says.

How does her office overlap with the US Commerce Department and the Office of the Special Trade representative?

“That’s a very good question. The Commerce Department is responsible for the 70 largest markets around the world and they have staff in each country. In countries like Malta we (the State Department) partner with the Commerce Department so that they can provide their services and we have economic officers – so the State Department is responsible for the commercial relationship. We also have a very collaborative inter-agency process where we work together on common agendas, so my role – I work very closely with the Commerce Department – is to focus on this economic statecraft agenda.”

As for the potential for increased business ties between Malta and the US she says Malta is really moving to develop its information innovation society so there’s a lot of potential for growth with some of the technology companies. “I know there’s been a lot of cooperation already with HP, IBM and Microsoft,” Ms Harriton, who spent more than 25 years in the IT sector as a senior executive at IBM and Network Computing Devices, points out.

Asked whether the Arab Spring offers an economic opportunity for the US Ms Harriton says the American government has been very supportive of the new regimes that have been put in place in Egypt, Tunisia and Libya.

“We are doing a lot to try to provide the type of aid they need, and in Libya in particular to really build up the commercial relationship. The Arab Spring is really about jobs and economic opportunity. In Tunisia the revolution started by somebody saying: ‘How do I earn a living for my family’. Our programmes in these countries are really about providing economic opportunities.”

Regarding whether the US presidential election will be dominated by the state of the US economy, Ms Harriton is completely non-committal, saying: “Nobody knows what’s going to happen six months from now!”

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Chinese, Turkish companies seek business opportunities in Tunisia - Xinhua News Agency

TUNIS, April 25 (Xinhua) -- A major Chinese railway company is seeking business opportunities in Tunisia, notably under the framework of a cooperation deal with a Turkish partner, the head of the company said on Wednesday.

Bai Zhongren, the head of China's Railway Company made remark during his visit to the North African country.

Bai, quoted by TAP press agency, said his company is looking for potential deals to manufacture train cars for Tunisian railways and to invest in railway infrastructure projects in the country.

Mehmet Nazif Gunal, chairman of Turkish group MNG, on his part, said he welcomes Tunisia's opening up after last year's unrest, which promoted his group to invest in the country as well as to recruit Tunisian manpower for its operation in the Gulf region and in Africa.

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A new focus on start-up companies - Milwaukee Journal Sentinel

An important strategy for job growth in Wisconsin is increasing our support for high-potential entrepreneurs and the businesses they start and grow. Wisconsin's dedication to keeping our best and brightest talent and business growth opportunities within our borders is seeing some early positive results. But while we make progress, there is still much more we need to do to support entrepreneurial business growth in the state.

Other states throughout the United States are actively developing support and investment programs recognizing that almost all net new job growth comes from new companies. They are competing with Wisconsin to develop their entrepreneurial ecosystems to attract and retain talent and jobs to build industries and economies for the future.

Wisconsin had the fourth-best improvement in entrepreneurial activity in the nation in 2011, according to the Kauffman Foundation's annual index of entrepreneurial activity, moving Wisconsin from 47th to 40th in the performance of starting new businesses.

Wisconsin also dramatically improved its ability to incubate businesses, moving up to 29th among all states from 43rd in 2010, according to an annual competitiveness measure released by the Beacon Hill Institute.

While these improvements are solid indications of the improving climate in Wisconsin for new business starts, all measurements of our state's competitiveness identify the need for increasing the availability of much needed capital for seed, early and mid-stage companies. Gov. Scott Walker and legislators on both sides of the aisle recognize that we need a proactive, strategic and rapid approach to increasing this investment capital to spur high-growth, entrepreneurial business and job growth opportunities.

To accomplish that, the Wisconsin Economic Development Corp. is proposing for the coming legislative session early next year to repurpose a portion of unused investment tax credits previously authorized in a creative and high-impact way.

The Wisconsin Angel & Seed Acceleration Program - or ASAP! - will be leveraged with private-sector investments to significantly increase funding to talented entrepreneurs in a much more timely manner than what presently exists. Rather than grants, the leveraged co-investment from ASAP! will be in the form of equity with profits returned directly to the state. This will facilitate a much more efficient path to getting promising opportunities launched and growing.

WEDC will continue to pursue broad policy initiatives that in clude ASAP!, along with a venture capital-level strategy to support emerging early- and mid-stage companies by providing expansion capital for when companies have proved their products and markets and have begun ramping-up manufacturing and shipping goods to customers.

The WEDC, created last year through Walker's job growth initiative, has a comprehensive strategy for fostering start-ups and spurring investment in growth-oriented businesses, especially in high-tech and other high-potential industries, where accelerated job growth and high job multipliers are most likely to occur.

One tactic includes aggressively utilizing the successful Angel Investment and Venture Capital Tax Credit Programs to encourage investment into high-tech businesses that have strong growth potential. Since 2005, 195 entrepreneurial companies have been certified to receive tax credit for their investors. This has leveraged more than $163 million in private-sector investment into those companies creating over 900 new jobs in our state.

WEDC also utilizes the Technology Development Loan Program, which supports companies through their research and development and provides funds targeting the commercialization of innovative technology products. These programs, tied with others that support new and expanding businesses, have all helped to change the course in Wisconsin to a place where entrepreneurs can have confidence in starting and building companies for the future.

WEDC is taking other innovative steps to support new business growth, such as partnering with VETransfer, Inc., a one-of-its-kind incubator/accelerator based in Milwaukee to help Wisconsin veterans start businesses. WEDC is also developing plans to support technology accelerators to provide businesses model training and knowledge that entrepreneurs need to create a sustainable and profitable businesses.

Wisconsin is positioned for continued success for entrepreneurial growth. We have the entrepreneurial spirit. We have tremendous research and idea development through our academic systems. We have a growing angel investment community and entrepreneurial support network. We have the capability for innovative leadership through the WEDC and its partners throughout the state. And we have an improved business climate.

The time is right for Wisconsin to step up its investment in our innovative and high-potential entrepreneurs. The return potential is great through job creation, added tax base, growth in our state's GDP and financial return on investments made directly back to the state. The WEDC is taking a leadership role in making Wisconsin a great place to launch and grow innovative businesses. We look forward to collaborating with our partners throughout the state as we continue to make improvements in our business climate and realize our potential as a leader in creating opportunities for our citizens.

Paul Jadin is chief executive officer of the Wisconsin Economic Development Corp.

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Business : Opportunities Abound For Malaysian Companies In Brazilian Supplement Market

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Motor City Apparel Companies Clash - MyFox Detroit

BERKLEY, Mich. (WJBK) -- Detroit Motor Apparel is a small, home based business that operates out of a basement in Berkley. The owners say things were going well until they sent out a pitch to local retailers asking them to consider alternatives to Kid Rock's popular Made in Detroit brand.

"I also said with some of the negative attention surrounding Made in Detroit lately, some companies are looking for other options," said Colleen McClue.

That, obviously, touched a nerve because Made in Detroit President Tommy Duback admits calling McClue and telling her never to mention the company's name again.

"And that he would make sure that our brands were never sold in the same store again," McClue said.

Two days later, a Royal Oak business that was selling Detroit Motor Apparel's T-shirts along with Made in Detroit left this message cancelling their contract.

"The bottom line is I need to remain loyal to them, and I would just appreciate if we could return what we have left to you and just not go forward."

"So, now we've been kicked out of a store, which means in the future, we would actually lose business and profit because now they will not reorder from us," said McClue. "He made it sound like they would also stop us from future business opportunities, as well. That no matter where we sell, if they carry Made in Detroit, that they will not carry both of us."

We spoke to Duback by phone and to the owner of the store in question. Both say it was the store's decision to cancel the contract and Made in Detroit did not pressure them into doing it.

Duback went on to say Kid Rock bought Made in Detroit to help local retailers and mom and pop operations.

Detroit Motor Apparel says while their basement business has taken a hit, they will keep making T-shirts and selling them online and at Wayne Community College bookstores and looking for other retailers to spread their version of Motor City pride.

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Successful Florida Entrepreneur Has Built and Sold 7 Companies, Selects SearchMarketMe Internet Marketing Business Opportunity for Next Venture - Houston Chronicle

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Successful Florida Entrepreneur Has Built and Sold 7 Companies, Selects SearchMarketMe Internet Marketing Business Opportunity for Next Venture PRWeb Published 09:03 a.m., Tuesday, April 3, 2012 Press Release Larger | Smaller Georgia (default)

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Jan Kaplan, a successful entrepreneur from Florida, has contracted with SearchMarketMe for training and support in opening an internet marketing agency. Having built and sold seven different businesses, he immediately understood the desirability and scalability of the SearchMarketMe internet marketing business opportunity compared to internet marketing franchises. Kaplan becomes SearchMarketMe's 111th Agency Owner.

Seattle, Washington and Ft. Lauderdale, Florida (PRWEB) April 03, 2012

Having built and sold seven different businesses, Jan Kaplan knows what to look for in an opportunity - and he found it in SearchMarketMe.

No stranger to success, Kaplan saw the growth occuring in internet marketing, and the massive shift in corporate expenditures away from traditional media and into online channels. As he investigated how he could position himself in the best possible way to be successful in internet marketing, he found SearchMarketMe, and immediately understood the desirability and scalability of the SearchMarketMe internet marketing business opportunity.

"It's a perfect fit," said Kaplan. "I was looking for a way to build an internet marketing business, and SearchMarketMe will help me do exactly that. Franchise models are too limiting. I wanted something I could build and truly make my own, and I can do that with SearchMarketMe."

"Jan certainly wasn't looking to 'buy a job,'" said Boyd Karren, SearchMarketMe's president & CEO. "Having built and sold seven different businesses, he was looking for the right opportunity to build a business in the fast-growing world of internet marketing. SearchMarketMe is the only scalable internet marketing business opportunity in the world, and Jan will be able to build and grow his internet marketing agency as he has his previous seven companies."

Kaplan began his training last week, beginning with the Accelerated Business Start-up Training Event, in which he received enhanced training in applying SearchMarketMe's unique business model, "The Money U," identifying and dominating industry niches, and the PREMIER selling system. Kaplan also benefitted from a special Network-wide training event which took place April 2, called "Contentpalooza," a series of five live webinars on content marketing.

"This is great," added Kaplan. "The training, the support, the Agency Owner Network, and the scalability of the opportunity all combine to make SearchMarketMe the clear choice for me."

ABOUT SEARCHMARKETME LLC

SearchMarketMe, LLC is a Seattle, Washington-based training and support organization that assists entrepreneurs in opening and operating independently-owned and independently-branded internet marketing agencies around the world. It developed the Money U business model for small marketing agencies and is the only scalable internet marketing business opportunity in the world. SearchMarketMe's 111 Agency Owners are located in North America, India, the Middle East and Africa. For more information about the Agency Owner program, visit SearchMarketMe's website and request the New Opportunity Overview.

For the original version on PRWeb visit: http://www.prweb.com/releases/prwebflorida/7xentrepreneur/prweb9362738.htm

The company that placed this press release with PRWeb is responsible for its content. It is not edited by the Chronicle.

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Social Media Gives Industrial Companies Competitive Advantage, Says Thomas Industrial Network Report

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German mid-sized companies discover Africa

Double-digit growth rates in some African countries offer major business opportunities for German medium-sized companies. It is a challenging endeavour but with manageable risks.

Corruption, erratic judicial systems, crime – many entrepreneurs from industrialized countries see Africa as the lost continent and too insecure to set up a business there. Yet, Africa does offer plenty of business opportunities: While the economy in Europe is hardly growing or even stagnating, some African countries have double-digit growth rates. Looking at the whole continent, the World Bank is expecting a growth rate of more than five percent this year. Another advantage in Africa is the abundance of natural resources in many countries.

Deficits create demand

The big need for development in many areas, such as infrastructure, also creates opportunities for business. Across Africa, some 80 percent of people have no access to electricity, more than 40 percent lack access to drinking water, roads are often in bad condition. Senegal-born Ababacar Seck from the engineering agency Pecher, a consultancy for water, sewage treatment and infrastructure projects, says "There are many deficits. But where there are deficits, there is big demand, too."

Funding is often a problem, however. There's simply not enough investment, says Hartmut Sieper from consulting agency, Trans Africa Invest. "If you have funds and invest them wisely, you can benefit from a number of niches and gaps in the African market, which are not filled for the simple reason that there's a lack of money."

Risk higher, but manageable

Heinz Rittmann, deputy CEO of Baugewerbliche Verbände, an association of construction companies

Risk is slightly higher when doing business in Africa than in Europe, admits Heinz Rittmann from Germany's Association of Construction Companies (BGV). "But your chances are higher too because the yield is higher." In Germany, Rittmann says, building companies often have to budgetize. "And they will never get the same yields as they would in Africa." Machines and construction material tend to be more expensive in Africa than in Europe, but wages for workers there are of course a lot lower.

In addition, the higher risk for companies is manageable, according to Rittmann, if they follow some rules: When it's the first time for a company doing business in Africa, they should only apply for solid financial tenders and not take part in local calls for tenders. "It has to be a safe investment. In general, our companies have some reservations towards doing business in Africa. So it's important that we bridge this gap between the negative image and reality," he says.

A safe investment is guaranteed, according to Rittmann, if tender calls are backed by financial institutions, such as the World Bank, the European Investment Bank, or the German Bank for Reconstruction. Hartmut Sieper, from consulting firm Trans Africa Invest, has another reason why the risk can be more predictable than entrepreneurs think: "In some projects and in some countries, an investment can quite possibly and realistically break even within the first or second year." This limits the risk to a fairly short time frame.

Tough competition

High yields and rich deposits of natural resources have meant that other nations are already doing business in Africa, of course, and they can be tough competition for European investors. Chinese companies, for instance, often have it easier in comparison to German firms, says Rittmann, because they will easily get funding guarantees from the Bank of China without having to fill out complicated applications, as is the case in Germany.where the application process simply takes much too long, says Rittmann.

Yet, German companies can still win against Chinese firms, says Rittmann, "when we offer technical alternatives. Our strength is that our entrepreneurs can think outside the box, and so they can make suggestions how to do something better than how it's described in the tender call."

Help build a market

When a Chinese firm gets a tender, they will bring everything they need – funds, workers and machines to Africa with them. This means that local firms don't benefit and local people don't get jobs. "The Europeans have to make sure that the African middle class can grow further", says Ababacar Seck from the  Pecher engineering agency, "so that Africans get into a position where they can afford expensive goods from Europe, above all from Germany."

The African continent is not yet a big consumer market. But the middle class is growing, according to Germany Trade and Invest, an agency which compiles information on foreign trade for the German Economics Ministry. According to its latest figures, some 60 million households in Africa already have more than 3,000 US dollars a year, and in three years' time, this number is expected to grow to some 100 million households.

Author: Insa Wrede / nh
Editor: Gregg Benzow

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The Biggest MLM Companies in The World

http://www.mlm-answers.psl91.com/ Who are the Biggest Multi Level Marketing Companies in the World Today? Although there are hundreds of MLM or multi level marketing companies that exist today, there are only a few that really make it into the big leagues. Are they worth joining and can I still make money is what many are asking.

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The Biggest MLM Companies in The World

http://www.mlm-answers.psl91.com/ Who are the Biggest Multi Level Marketing Companies in the World Today? Although there are hundreds of MLM or multi level marketing companies that exist today, there are only a few that really make it into the big leagues. Are they worth joining and can I still make money is what many are asking.

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Railway companies in search for new business opportunities in the United Arab Emirates, Qatar and Saudi Arabia - Zawya.com

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• A trade delegation of Spanish businessmen from the railway sector, organized by MAFEX in collaboration with ICEX, will be visiting the United Arab Emirates, Qatar and Saudi Arabia in search for new business opportunities.

• Representatives will be visiting these three countries from 20-28 February with the aim of fostering the internationalization of their companies through rounds of meetings with delegates and representatives from local authorities.

• This business gathering is part of the visit agenda planned by MAFEX for 2012, which aims at fostering the presence of the Spanish rail industry throughout the world

Madrid, February 2012
The Spanish Association of Manufacturers and Exporters of Equipment and Services for the Railway Industry (MAFEX), in collaboration with the Spanish Institute of Foreign Trade (ICEX) has organized a new trade delegation to the United Arab Emirates, Qatar and Saudi Arabia, from February 20-28.

The main objective of this activity is to promote the Spanish rail industry in these three countries, to enlarge its growth expectations, and to strengthen its position in regard to new infrastructure and transportation projects to be developed within the next few years.

United Arab Emirates: Infrastructure Projects for the Future
The Spanish delegation also wants to show its interest in participating in such new infrastructure projects as the Gulf Rail Network connecting Saudi Arabia, the United Arab Emirates, Bahrain, Qatar and Oman.

A round of meetings will take place during this trade delegation, with the aim of showing the great experience of the Spanish rail industry in the development of projects of such importance in order to strengthen its position in new upcoming tenders.

Among planned interviews is the meeting with representatives from Dubai-Road transportation and the Transport Authority of Dubai (RTA), the rail company Etihad Railways, and the Abu Dhabi Municipality.

Qatar: New Opportunities in Public Transportation Works
In addition to the great project in Saudi Arabia, through this trade delegation MAFEX wants to promote Spanish companies regarding new public transportation plans within the region, the Qatar Metro among others.

The emirate has planned to start an ambitious infrastructure plan, with an investment of around 24,000 million euros, to host the Soccer World Cup in 2022. One example of such significant works included in this plan is the construction of underground and light rail networks of more than 650 kilometers. According to planned schedule, representatives of the trade delegation will meet with representatives from Qatar railways -Qatar Railways Company.

Saudi Arabia: a Quantum Leap for the Spanish Rail Industry
MAFEX's trade delegation takes place in a key moment for the Spanish rail industry in Saudi Arabia. The recent contract awarded to the Spanish consortium for the construction of the high-speed line between Medina and Mecca has become the biggest one at an international level. The project will have a positive impact in the internationalization of Spanish rail companies. Out of a total of 6,700 million Euros for its construction cost, 2,700 million will be Spanish exports. The consortium, Al Shoula, will begin works in two months.

During the visit to Saudi Arabia, the members of the Spanish delegation will meet with the country's leading construction company Saudi Binladin Group, with the Saudi rail companies Saudi Railway Organization (SRO) and Saudi Railway Company (SAR), and with the Cooperation Council for the Arab States of the Gulf (GCC).

MAFEX: Boosting Spanish Rail Industry's Exports and Internationalization
During this visit the Spanish companies will be showing the experience gained in the development of rail infrastructures, as well as the technological advances and innovations implemented throughout the world which have led them to become an international point of reference.

This trip is included within the efforts of the MAFEX association to promote the exports of its members in the region, and to consolidate the presence of the rail industry in the Persian Gulf -a priority region in their exports plan.

About MAFEX
The objective of the Spanish Association of Manufacturers and Exporters of Equipment and Services for the Rail Industry (MAFEX) is to carry out promotional activities in other countries, as well as to defend their general interests.

Created in 2004, it currently has 76 members representing more than 85% of Spanish rail industry's exports, according to official figures in 2009. Known as the official collaborating organization of the Spanish Ministry of Trade, Industry and Tourism through its Subsecretariat of Trade, the Association is supported by GRUPO AGEX, to which it belongs, and by different national and international organizations and institutions.

For more information:
Alen Comunicación: Helena Meléndez (Responsible for rail communication)
C/Juan de Vera, 21, 2ºB - 28010 Madrid, Spain
Telephone: + 34 91 530  36 94 
Mobile: +34 656 27 01 77
E-mail: helena.melendez@alencom.es

Comunicación MAFEX
Pedro Fortea (Director) / Noemí Bellanco (Marketing)
Ledesma 10 bis, 1º Izquierda - E48001 - Bilbao - Spain
Telephone: +  34 944 70 65 12
Fax: +34 944 22 00 61

© Press Release 2012

x DISCLAIMER

Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.

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Railway companies in search for new business opportunities in the United Arab Emirates, Qatar and Saudi Arabia - Zawya.com

Back to Sign-In Form If you have forgotten your login details, please re-confirm your email address below and your username and password will be sent to this email shortly.
• A trade delegation of Spanish businessmen from the railway sector, organized by MAFEX in collaboration with ICEX, will be visiting the United Arab Emirates, Qatar and Saudi Arabia in search for new business opportunities.

• Representatives will be visiting these three countries from 20-28 February with the aim of fostering the internationalization of their companies through rounds of meetings with delegates and representatives from local authorities.

• This business gathering is part of the visit agenda planned by MAFEX for 2012, which aims at fostering the presence of the Spanish rail industry throughout the world

Madrid, February 2012
The Spanish Association of Manufacturers and Exporters of Equipment and Services for the Railway Industry (MAFEX), in collaboration with the Spanish Institute of Foreign Trade (ICEX) has organized a new trade delegation to the United Arab Emirates, Qatar and Saudi Arabia, from February 20-28.

The main objective of this activity is to promote the Spanish rail industry in these three countries, to enlarge its growth expectations, and to strengthen its position in regard to new infrastructure and transportation projects to be developed within the next few years.

United Arab Emirates: Infrastructure Projects for the Future
The Spanish delegation also wants to show its interest in participating in such new infrastructure projects as the Gulf Rail Network connecting Saudi Arabia, the United Arab Emirates, Bahrain, Qatar and Oman.

A round of meetings will take place during this trade delegation, with the aim of showing the great experience of the Spanish rail industry in the development of projects of such importance in order to strengthen its position in new upcoming tenders.

Among planned interviews is the meeting with representatives from Dubai-Road transportation and the Transport Authority of Dubai (RTA), the rail company Etihad Railways, and the Abu Dhabi Municipality.

Qatar: New Opportunities in Public Transportation Works
In addition to the great project in Saudi Arabia, through this trade delegation MAFEX wants to promote Spanish companies regarding new public transportation plans within the region, the Qatar Metro among others.

The emirate has planned to start an ambitious infrastructure plan, with an investment of around 24,000 million euros, to host the Soccer World Cup in 2022. One example of such significant works included in this plan is the construction of underground and light rail networks of more than 650 kilometers. According to planned schedule, representatives of the trade delegation will meet with representatives from Qatar railways -Qatar Railways Company.

Saudi Arabia: a Quantum Leap for the Spanish Rail Industry
MAFEX's trade delegation takes place in a key moment for the Spanish rail industry in Saudi Arabia. The recent contract awarded to the Spanish consortium for the construction of the high-speed line between Medina and Mecca has become the biggest one at an international level. The project will have a positive impact in the internationalization of Spanish rail companies. Out of a total of 6,700 million Euros for its construction cost, 2,700 million will be Spanish exports. The consortium, Al Shoula, will begin works in two months.

During the visit to Saudi Arabia, the members of the Spanish delegation will meet with the country's leading construction company Saudi Binladin Group, with the Saudi rail companies Saudi Railway Organization (SRO) and Saudi Railway Company (SAR), and with the Cooperation Council for the Arab States of the Gulf (GCC).

MAFEX: Boosting Spanish Rail Industry's Exports and Internationalization
During this visit the Spanish companies will be showing the experience gained in the development of rail infrastructures, as well as the technological advances and innovations implemented throughout the world which have led them to become an international point of reference.

This trip is included within the efforts of the MAFEX association to promote the exports of its members in the region, and to consolidate the presence of the rail industry in the Persian Gulf -a priority region in their exports plan.

About MAFEX
The objective of the Spanish Association of Manufacturers and Exporters of Equipment and Services for the Rail Industry (MAFEX) is to carry out promotional activities in other countries, as well as to defend their general interests.

Created in 2004, it currently has 76 members representing more than 85% of Spanish rail industry's exports, according to official figures in 2009. Known as the official collaborating organization of the Spanish Ministry of Trade, Industry and Tourism through its Subsecretariat of Trade, the Association is supported by GRUPO AGEX, to which it belongs, and by different national and international organizations and institutions.

For more information:
Alen Comunicación: Helena Meléndez (Responsible for rail communication)
C/Juan de Vera, 21, 2ºB - 28010 Madrid, Spain
Telephone: + 34 91 530  36 94 
Mobile: +34 656 27 01 77
E-mail: helena.melendez@alencom.es

Comunicación MAFEX
Pedro Fortea (Director) / Noemí Bellanco (Marketing)
Ledesma 10 bis, 1º Izquierda - E48001 - Bilbao - Spain
Telephone: +  34 944 70 65 12
Fax: +34 944 22 00 61

© Press Release 2012

x DISCLAIMER

Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.

Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer

View the original article here