Central enterprises

CCCC invested 6 billion to establish CCCC Western Investment Co., Ltd.

Seetao 2022-06-27 10:20
  • CCCC Western Investment will become a new platform for profit contribution and industrial incubation
  • The legal representative of CCCC Western Investment is Wang Zhangjun, with a registered capital of 6 billion yuan
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Recently, China Communications Construction Co., Ltd. has added a new investment company, CCCC Western Investment Co., Ltd., and CCCC holds 100% of its equity. It is the third secondary investment platform established by CCCC in the country, and is positioned as the group's active practice. It is an urban comprehensive investment operator that implements national strategies and deeply participates in regional development.

CCCC is a nationally leading and world-class super-large state-owned enterprise. From building ports and navigation to building roads and bridges, from urban development to rural revitalization, CCCC is the national team for the construction of "big transportation" and the main force for the development of "big cities". CCCC Western Investment mainly focuses on urban comprehensive development and operation and urban renewal, and takes into account the infrastructure investment business in the region. With a registered capital of 6 billion yuan, it is the third major substantive investment platform that China Communications Construction has wholly invested in in the country besides Beijing and Guangzhou. CCCC was established in October 2006 with a registered capital of 16.17 billion yuan. Its legal representative is Wang Tongzhou. Its business scope includes engineering technology research and consultation; engineering design, survey, and construction. Currently, the company is 57.99% owned by China Communications Construction Group Co., Ltd. It has 114 foreign investment enterprises.

As a major substantive investment platform of CCCC in the Chengdu-Chongqing economic circle, during the 14th Five-Year Plan period, CCCC's western investment and operation area is mainly in the southwest region, and it steadily expands its business in other regional markets. It will focus on the investment and operation of the main business, seize major opportunities, focus on key projects, deeply participate in the construction of the Chengdu-Chongqing economic circle, strive to cultivate new momentum for industrial development, and strive to become an important fulcrum of the strategy of CCCC investment operators and urban developers. Become a new platform for profit contribution and industrial incubation.

It is reported that CCCC will also give full play to its existing advantages, relying on CCCC’s investment in the west, focus on key projects, important regions and major projects, and closely link the business fields of large transportation and large cities, and accelerate the formation of the main chain effect and synergy effect. Continuously expand new areas of cooperation, form a leading role in the Chengdu-Chongqing area and even a wider range, and inject strong impetus into the construction of a park city demonstration area that implements new development concepts in Chengdu.

On June 22, 2022, CCCC Western Investment Co., Ltd. quickly completed the industrial and commercial registration in Tianfu New District, with a registered capital of 6 billion yuan. The legal representative is Wang Zhangjun, whose business scope includes corporate headquarters management; real estate consulting; park management services, etc.Editor/Zhao E