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CPCG Signed a Strategic Cooperation Agreement with Kunming Municipal People’s Government
       On December 16, the 2022 Conference on Investment Promotion Between Kunming and Yangtze River Delta was held in Shanghai. Liu Hongjian, a member of the Standing Committee of the Yunnan Provincial Party Committee, Secretary of the Kunming Municipal Party Committee, and Secretary of the Party Working Committee of the Dianzhong New Area, attended the conference and delivered a speech. Liu Anqi, CEO of China Pacific Construction Group (CPCG) and chairman of the Board of Directors of Yunnan Highway Construction in China, and Jiang Weisheng, CEO of Yinjiang Construction, led their delegations to attend the conference, and signed strategic cooperation agreements with Kunming Municipal People’s Government and Guandu District People’s Government of Kunming City respectively on behalf of CPCG.
        According to the agreement, both parties would foster a win-win and sustainable strategic partnership on the principle of “advantage complementarity, mutual benefit and win-win, and common development” through efficient, pragmatic and innovative cooperation, resource sharing and mutual complementarity. CPCG planned to set up a regional headquarters base in Kunming and have it to be selected on the Fortune Global 500 list. In particular, the company would focus on investing in infrastructure projects such as transportation, municipal and public services, and actively engage in the investment, construction, operation and management of industrial parks. Besides, it would optimize industrial investment services, establish centralized procurement platforms, and organize a series of high-level public welfare activities. Its total investment is projected to exceed 45 billion yuan in the following five years.
       During his talks with government leaders from Kunming at the conference, Liu Anqi stressed the company’s long-term cooperation and deep emotions with Yunnan and spoke highly of the potential of Kunming. In light of the greatly improved business environment in Kunming, the company will, relying on Yunnan Highway Construction (upon restructuring and acquisition), wholeheartedly promote, participate in and integrate into the city’s economic and social development through more precise and efficient investment. It will actively contribute the wisdom and strength of private enterprises to rapidly transform Yunnan’s geographical advantages into open development advantages.
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