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PostPosted: Fri 21. Dec 2018, 05:47 

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CANBERRA , Sept. 28 (Xinhua) -- Europe's largest shipbuilder has promised to list itself on the Australian Stock Exchange (ASX) if given a 27 billion U.S. dollar navy frigate contract.

Italy's Fincantieri on Thursday released the details of its bid for the 27.4 billion U.S. dollar Future Frigates project which will see nine new vessels built for the Australian Navy, the first of which will be launched in the late 2020s.

Fincantieri is one of three international companies bidding for the contract alongside Spain's Navantia and the Britain's BAE Systems, all of which are proposing different designs. A bid by Western Australia's Austal in partnership with South Australia's ASC is also in contention.

In a statement on Thursday, Dario Deste Cheap Kyrie Irving Shoes Online , chairman of Fincantieri Australia, said that in addition to being listed on the ASX the company would also enlist an Australian workforce to build the ships.

"This initiative allows Australian investor participation in Fincantieri Australia and ensures decisions will be taken locally and in the best interests of Australia," Deste said.

Fincantieri confirmed that it would open an Adelaide office in October and if the bid was successful it would send 150 Australian engineers and technicians to Italy in 2018 to train on the FREMM frigate project.

"This facility expands Fincantieri's operations into Adelaide as we mobilize Australian industry, activate the Adelaide shipyard with the proven digital tools used to build the Italian FREMM Frigates on time and on budget in Italy and recruit and train the Australian shipbuilding workforce for the project Cheap Kyrie Irving Youth Shoes ," Deste said.

Greek president visits exhibition of Ancient Chinese Science and Technology

Chinese books, woodblock printing shine at Nairobi Int'l Book Fair

Lantern festival held to celebrate upcoming National Day

Taliban attacks Kabul during NATO chief, U.S. defense secretary visits, killing 4

Modern manufacturing Cheap Kyrie Irving Mens Shoes , transport help six Chinese provinces develop fast

A look at Kantuman Bazaar in China's Xinjiang

Scenery of terraced fields in Houyuan Village, China's Fujian

Scenery of high-speed rail networks in south China's Guangxi

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BEIJING, Dec. 23 (Xinhua) -- The downward trend of global productivity since the global financial crisis has lowered long-term world growth potential, a report said Saturday.

From 2008 to 2016, the world's total factor productivity (TFP) dropped by 0.4 percent each year Cheap Kyrie Irving Mid Shoes , in contrast to average growth of 0.9 percent in 1999-2007, said the report jointly released by the China Center for International Economic Exchanges and the State Think Tank of Xinhua News Agency, citing data from the Conference Board, a global research association.

"The new industrial revolution has not raised TFP or global demand Cheap Kyrie Irving Low Shoes ," the report said.

The foundation for world economic recovery is still weak, as the International Monetary Fund forecast of 2018-2022 world average growth at 3.7 percent is still lower than the 4.2 percent average growth for 1998-2007, it said.

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