Chinese co keen to invest in BD infrastructure projects

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Business Desk :
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.
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