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The article discusses the basic objectives of mixed reform for Guandong, China that include competitive state-owned enterprises (SOEs) and infrastructure projects becoming mixed ownership enterprises by 2020, optimising structural capital placement and establishing a professional manager system. It notes that the People's Government of Guangdong Province is establishing platform companies citing as example the construction of functional platforms and services for economic entities.

Jihong Wang and Zejun Lin of Zhong Lun Law Firm analyse the legal challenges created by using private capital to invest in infrastructure development, both in China and by Chinese enterprises looking outbound [ABSTRACT FROM AUTHOR]

The article discusses the rules and regulations implemented by the Chinese government to expand investment channels for infrastructure development projects. It tackles the Administrative Measures for the Pilot Indirect Investment of Insurance Funds in the Infrastructure Projects issued by the China Insurance Regulatory Commission (CIRC) on March 14, 2006. The parties involved in an investment plan are defined including the trustor, trustee and beneficiary. The duties of lawyers dealing with indirect investment of insurance funds are delineated.

The article focuses on the Circular on the Investment of Insurance Funds in Infrastructure Bond Investment Plans issued by the China Insurance Regulatory Commission on March 19, 2009. Investment percentages permitted in such a plan by a life insurance company and property insurance company are being presented for consideration by the circular. An administrative penalties will be imposed in accordance with the law by the CIRC on an insurance institution or relevant personnel violating the circular.

The article reports on the efforts of the China Insurance Regulatory Commission (CIRC) to further expand investment channels for insurance fund. This is said to be by means of investment in stock, bonds and infrastructure. It mentions the Administration of Stock Investments by Insurance Institutional Investors Tentative Procedures which allow insurance companies to engage in or entrust an insurance asset management company (IAMC) to engage in stock investments.

The article discusses the impact the 2008 earthquake in the Sichuan province in China has had on its real estate market. It states that in Chengdu, where the damage was greatest, real estate values have fallen. Chongqing, which suffered less damage, however, was not too greatly impacted. It is suggested that some long term opportunities may be had in Chengdu as the Chinese government has pledged to rebuilding its infrastructure.

The article discusses the opinions on accelerating the development of the service industry in China. It is stated that the scope of loans made with fee collection rights will cover urban infrastructure projects including urban water supply and public transportation. Loan services such as rights to fee collection will be examined with regard to irrigation development and environmental protection projects to improve the public service industry.

A summary is presented of the bill Circular on Strengthening and Regulating the Administration of Newly Commenced Projects, prepared by the State Council General Office.

The article reports on the plan of the Philippine government to raise 1 billion U.S. dollars through the sale of Islamic bonds at the end of 2008 or the start of 2009. Proceeds from the sale will be reportedly used to fund the buyback of Metro Railway Transit 3, an elevated railway project in Manila. Local investment bankers that made the proposal for the issue include First Metro Investment Corp., CIMB Group from Malaysia, and Saudi Arabia-based Islamic Development Bank.

The article discusses the effort of the Indian government to improve the country's infrastructure by consolidating laws and expanding investment opportunities. Upendra Joshi, a Mumbai-based partner at Khaitan & Co., says considerable progress has been made in the country in terms of the legal environment and regimes applicable to various infrastructure sectors. According to the article, Indian officials have realized that the lack of infrastructure has hindered development and curbed the country's competitiveness.