On July 12th, the MCC19 Group signed a strategic cooperation framework agreement with the Liaoning Transport Construction Investment Group [A1] in Shenyang City. Liaoning Transport Construction Investment Group Party Committee Secretary and President Xu Daqing and MCC19 Party Committee Secretary and President Tian Ye attended the signing ceremony and signed the agreement on behalf of their respective parties.
As a provincial state-owned enterprise with the largest asset scale in Liaoning Province, with the registered capital of RMB 36.6 billion and the total assets of RMB 242.3 billion, the Liaoning Transport Construction Investment Group is the main investment and financing platform of transportation infrastructure in Liaoning, and the main power of construction and operation. According to the agreement, the Liaoning Transport Construction Investment Group will carry out extensive cooperation in the field of overall project contracting and investment and financing business, jointly participate in early project operation, mid-term project construction management and later project operation and maintenance, and comprehensively extend such construction markets as highway traffic, municipal infrastructure, urban underground comprehensive pipe galleries, etc. in the Northeast China Region. The Liaoning Transport Construction Investment Group will organically integrate with MCC19 in terms of cultural concepts, financial construction and other fields in order to share more investment and development opportunities, exploit abundant and multi-element businesses, expand the cooperation space between both parties, further expand the depth, height and breadth of their cooperation, and realize win-win development by virtue of MCC19 entering into the grand tide of regional economy construction radiating along ‘the Belt and Road’ route and ‘Yangtze River Economic Zone’.