[ET Net News Agency, 11 January 2018] China Railway Group (00390) said it entered into
the strategic cooperation framework agreement with the People's Government of Heyuan,
Guangdong Province.
In combination with the need of the development of Heyuan in the future, the parties
intend to fully utilise Heyuan's advantages in ecology, resources, location, and the China
Railway's comprehensive strengths in comprehensive city development, investment and
construction, operation and management, brand, technology, fund, and endeavour to promote
the parties' close cooperation in aspects including Heyuan's city development and
construction, comprehensive traffic improvement, industrial cooperation and construction,
and major issues research, so as to speed up the implementation of related projects. The
total investment of the cooperation projects is initially proposed to be about Rmb100
billion. According to the specific projects, the cooperation methods to be adopted may
include EPC, general contracting, PPP + EPC, PPP and BOT. (HL)
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00390 CHINA RAILWAY
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11/01/2018 09:48
China Railway (00390) in team-up with Heyuan Government
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