date:Sep 26, 2012
which holds about $410bn in assets, has already approached Australia's Foreign Investment Review Board (FIRB) for preliminary consultations over the VDL deal before submitting a formal application. FIRB is responsible for examining proposals by foreign interests to undertake direct investment in Australia.
This move by China Investment comes after Tasmanian Premier Lara Giddings visited Beijing, China, as part of a trade mission to promote trade and investment opportunities in the state.
Chin