Central Enterprises Focus On Reconstruction In Chengdu

July 24, 2008 | Print | Email Email | Category: Business & Society

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A conference on Chengdu's post-earthquake reconstruction work has been held in Chengdu International Convention and Exhibition Center.

Six central enterprises — China Poly Group Corporation, Panzhihua Iron & Steel Group Co., China Metallurgical Group Corp., China Energy Conservation Investment Corporation, and China National Pharmaceutical Group Corporation — have signed an investment project agreement with the Chengdu Municipal Government and some cities and counties, with total amount being CNY11 billion.

The projects cover infrastructure and housing programs, and investment in property, tourism, pharmacy, energy-conservation technologies, and electronics.

The vice general manager of CECIC, Yu Honghui, said at the conference that CECIC intended to build an energy and environment industrial base before the Wenchuan earthquake. And now Chengdu needs new and sustainable materials to rebuild the city which also means great market demand. CECIC will introduce more advanced energy-conservation enterprises and funds to Chengdu.

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