24 April 2018, Singapore – CFLD International, the international arm of CFLD, today signed an agreement with China State Construction Engineering Corporation (CSCEC) to jointly explore and collaborate on the development and construction of CFLD International’s New Industry Cities. CFLD’s projects in more than 80 regions in China have transformed the lives of local communities and catalysed unprecedented economic development. Outside of China, CFLD International is developing New Industry Cities in Indonesia and Vietnam, with other markets to follow.
From CFLD International – Dr. Max Yang, President (7th from left); Liu Xingchuan, Vice President (6th from left); Deng Yiqiang, General Manager, City Development Management (5th from left). From CSCEC – Shi Yu, General Manager (6th from right); Sun Zhanjun, Deputy General Manager (5th from right); Zhang Zongshuo, President, CSCEC Southeast Branch (4th from right).
“Over 15 years, CFLD has built industry cities that have changed the destinies of local communities by attracting investment, creating jobs, upskilling workforces and adding best-in-class companies from new sectors to growing economies. We are now applying our proven track record to create transformational economic growth in emerging markets around the world. We are very pleased to have CSCEC on this journey with us,” said Dr. Max Yang, President, CFLD International.
Commenting on the agreement, Shi Yu, General Manager of CSCEC, said, “We are thrilled to embark on this partnership with CFLD International. I am confident that our combined experience and expertise will not only usher in a new chapter in the cooperation of Chinese enterprises outside of China, but contribute to generating significant economic growth in developing markets globally.”
CSCEC is China’s largest construction conglomerate. In addition to projects in China, CSCEC has undertaken construction and infrastructure projects in 19 countries and regions in Asia and Africa, including Brunei, Malaysia, Cambodia, Vietnam, Iraq, Jordan, the UAE, Botswana, Zimbabwe, Algeria, and South Africa.
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