On July 3, CGGC International signed the Strategic Cooperation Agreement with Asia Allied Infrastructure Holdings Limited in Beijing, opening a new chapter for both parties to cooperate with each other relying on the advantages of Hong Kong International Finance Center under the guidance of the 'Belt and Road' Initiative. Lyu Zexiang, General Manager of CGGC International, and Peng Yiting, Chairman of Asia Allied Infrastructure Holdings Limited, signed the Agreement on behalf of both parties respectively.

　　Scene of the Signing Ceremony

According to the Agreement, both parties will jointly create a one-stop comprehensive platform setting such functions as financing, risk control, project management, design and construction in one, and proactively devote themselves to the development and construction of projects of Hong Kong and countries along the 'Belt and Road' relying on the position of Hong Kong International Finance Center and years of overseas engineering experience of both parties under the guidance of the 'Belt and Road' Initiative in accordance with the principle of 'Complementary Advantages, and Resources & Risk Sharing'. Before the signing ceremony, both parties had a friendly communication about the enhancement and deepening of cooperation, and agreed to have more practical cooperation in infrastructure construction, port and more fields, make innovation in cooperation mode, serve the construction of the 'Belt and Road' in a better way, and achieve the long-term development goals of both parties.

It is learnt that Asia Allied Infrastructure Holdings Limited was listed at the main board of Stock Exchange of Hong Kong Limited in 1993. In recent years, it proactively expands multiple business fields in construction engineering, property development, security and property management, construction management, engineering consultancy, construction financing and investment, etc. in Hong Kong, mainland China and overseas markets. CGGC International is a leading organization of CGGC in international business. The signing of the Strategic Cooperation Agreement with Asia Allied Infrastructure Holdings Limited is an important measure proposed by CGGC in perfecting the layout of overseas markets and proactively expanding the high-end markets in Hong Kong, which is of great significance for the development and expansion of markets along the 'Belt and Road'.


CGGC - China Gezhouba Group Company Limited published this content on 04 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 July 2017 07:18:08 UTC.

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