Chinese company keen to invest in infrastructure projects

1238

DHAKA, July 25, 2018 (BSS) – Yunnan Construction and Investment Holding
Group Company Limited (YCIH), a Chinese construction company, has expressed
its interest to invest in the country’s infrastructure development projects.

“We are keen to invest in the infrastructure projects, particularly in
water supply and sewage treatment plant, in Bangladesh under the Engineering
Procurement Construction (EPC) model,” director of Yunnan Construction and
Investment Holding Group Li Xutao told BSS recently.

He said the company is also interested in airport construction as it has
experience in this field. The company built the Changshui international
airport in Kunming, he said.

The Yunnan Construction and Investment Holding Group Company Limited also
wants to expand its business in Bangladesh, Metro Group director Faiz Hussain
told this correspondent during his visit to Kunming for joining a business
forum last month.

The company has good experience in infrastructure development field and
it can play an important role in implementing the Bangladesh’s development
works, he added.

Faiz, also director of the International Business Council in Texas of the
USA, said a representative of the company has already visited Bangladesh and
held meetings with different stakeholders in this regard.

Yunnan Construction Investment Holding Group constructs roads, bridges,
municipal buildings, hydropower plants, railways, airports, ports, and
others. The company also provides building materials, construction scientific
research, construction design, construction labour and other services.

The group has constructed more than 100 overseas projects. It has
developed three overseas markets with its business covering 12 nations,
including Laos, Cambodia, Myanmar, Thailand, Iraq, Maldives, Maurtius,
Equatorial Guinea, Uganda, Yemen and South Africa.