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Vice Chairman and President of CITIC Group Corporation Wang Jiong Attends Contract Signing Ceremony of Industry-based New City PPP Project in Ziyang Region of Tianfu International Airport Economic Zone

Post on:2018-04-12Source:Marketing Department

On April 9, 2018, Vice Chairman and President of CITIC Group Corporation Wang Jiong attended the contract signing ceremony of industry-based new city PPP project in Ziyang region of Tianfu International Airport Economic Zone held by CITIC Construction and the government of Ziyang. Yin Li, Governor of Sichuan Province, met with President Wang and his delegation. Vice Governor of Sichuan Yang Hongbo, Chief Investment Director of China Public Private Partnership Fund Fan Yongfang, and Mayor of Ziyang city Chen Jiming attended the ceremony.

At the signing ceremony, Lei Gang, Deputy Mayor of Ziyang, briefed on the PPP Project. Chairman of CITIC Construction Chen Xiaojia and Mayor Chen delivered speeches. Subsequently, President Wang, Vice Governor Yang, Chief Investment Director Fan and Mayor Chen witnessed the signing of the PPP project contract and the first-stage investment construction agreement, as well as the bank-enterprise cooperation agreements on the support of the project between CITIC Construction and seven bank branches in Sichuan or Chengdu, including CITIC Bank, China Construction Bank, Agricultural Bank of China, Industrial and Commercial Bank of China, Bank of China, Postal Savings Bank of China, and Bank of Chengdu.

After the signing ceremony, Sichuan Provincial Governor Yin Li, Deputy Governor Yang Hongbo, Provincial Government Secretary Tang Limin, Provincial Development and Reform Commission Director Fan Bo and other provincial government leaders met with President Wang and his delegation at the provincial people’s government.

Covering a cooperation area of 138 square kilometers, the investment scale of the industry-based new city PPP project of Ziyang Airport Economic Zone has scored about 49.06 billion yuan. It is currently the PPP project with the largest amount of investment in Sichuan Province. The project, only 12 kilometers away from Tianfu International Airport, will build airport-related manufacturing, service and high-end agriculture. According to the city development plan, the new city will attract 300,000 urban dwellers. Its scale of population and economic aggregate will be equivalent to those of the main urban area of Ziyang. The project adopts the phased and progressive development model. Five projects including the Cheng-Zi Avenue Project will be launched at the first stage with the total investment of approximately 10.35 billion yuan.

Government leaders from Sichuan Provincial Development and Reform Commission, Finance Department, Department of Housing and Urban-Rural Development, Bureau of Investment Promotion, Economic and Information Commission, Department of Land and Resources, Provincial Bureau of Financial Affairs and Ziyang Government, and leaders from China Government-Enterprise Fund, Business Coordination Department of CITIC Group Corporation, CITIC Urban Development & Operation, CITIC Envirotech Ltd., CITIC Bank, CITIC Construction and strategic cooperative enterprises of CITIC Construction attended the ceremony.

President of CITIC Group Corporation Wang Jiong holds talks with Governor of Sichuan Province Yin Li

President of CITIC Group Corporation Wang Jiong holds talks with Vice Governor Yang Hongbo

Chairman of CITIC Construction Chen Xiaojia delivers a speech

Mayor of Ziyang city Chen Jiming delivers a speech

Signing of the PPP project contract and the first-stage agreement on investment and construction of the project

CITIC Construction and commercial banks sign the agreement on bank-enterprise cooperation