On the afternoon of April 13th, the on-site meeting of Zhejiang Province’s development of foreign contracting projects and the first Taizhou International Engineering Alliance’s expansion of the city exchange and training session were successfully held in Xianju. Hu Weikang, a first level inspector of the Zhejiang Provincial Department of Commerce, Zhu Jun, a member of the Party Group and Chief Economist of the Zhejiang Provincial Department of Commerce, Zhang Ruimin, Vice Chairman of the Taizhou Municipal Committee of the Chinese People’s Political Consultative Conference, Lv Tingting, Director of the Taizhou Municipal Bureau of Commerce, Ye Xianxiao, Deputy Director of the Taizhou Municipal Bureau of Housing and Urban Rural Development, Li Weijun, Deputy Secretary of the Xianju County Committee and County Mayor Wang Binda, and Xu Yueping, Deputy County Mayor, attended the event. Officials from Zhejiang Construction Investment Group Co., Ltd., Zhejiang Jiaotong International Engineering Co., Ltd., China Overseas Water Company, China Export&Credit Insurance Zhejiang Branch, Shanghai Jianwei Law Firm, and representatives from over 40 Taizhou engineering enterprises, as well as some other engineering enterprises in the province, participated in the event.
This event is hosted by the Zhejiang Provincial Department of Commerce, and organized by the Taizhou Municipal Bureau of Commerce, Taizhou Municipal Bureau of Housing and Urban Rural Development, and the Xianju County People’s Government. Lv Tingting, Director of the Taizhou Municipal Bureau of Commerce, presided over the event. By organizing leading enterprises and provincial-level service institutions in Zhejiang to share and discuss face-to-face with engineering enterprises in Taizhou, we aim to provide practical experience and guidance for overseas engineering contracting for engineering enterprises in Taizhou and even the whole province. This will lay a solid foundation for the next step of “going overseas”, further promote the “frontier opening up” project, implement the “Silk Road escort” action, deepen cooperation with leading Zhejiang enterprises, and integrate international high-quality resources, Assist Zhejiang enterprises in exploring the international engineering market and achieve “alliance” expansion.
Hu Weikang, a first-class inspector of the Department of Commerce of Zhejiang Province, stated in his speech that Taizhou is the birthplace of China’s stock cooperation economy and private economy. In the wave of reform and development, a group of outstanding private enterprises have emerged, leading the way and doing their job effectively. They have shouldered the mission of building an “important window” for Zhejiang, smoothed the domestic and international dual circulation, and made outstanding contributions to continuously promoting high-quality economic development. Hu Weikang hopes that in the process of promoting the “alliance” to expand the market, it is necessary to accurately locate, anchor strategic highlands, strengthen upstream and downstream integration and linkage, complement each other’s advantages, and strive to enhance the overall strength of the industry; To strive for excellence and advance business upgrading by highlighting the role of digital leadership, leveraging, and empowering; In promoting the high-quality construction of the “the Belt and Road”, we should seize the business development opportunities of “new infrastructure” connectivity and international cooperation; We should actively connect, integrate into the integrated development of the Yangtze River Delta, actively utilize the integration and mobilization of high-quality resources, expand cooperation space, and achieve mutual benefit and win-win results in regional coordinated development.
Promote the comprehensive promotion of “bringing in” and “going out”, vigorously carry out alliance expansion, and help engineering enterprises expand international contracting projects, as part of the construction of the “dual circulation”.An important measure to implement the “Frontier Open Project” as a node city. Zhejiang is a strong province in the construction industry and a major province in foreign contracting projects. We hope that participating engineering enterprises can actively integrate high-quality resources, work together to expand cooperation space, bravely compete, unite to go to sea, expand the market through alliances, and open up new opportunities. We strive to create more “best practices” that are recognized by Taizhou and have a “wind vane” significance throughout the province in the construction of “dual circulation” node cities.
Li Weijun, Deputy Director of the Taizhou Housing and Urban Rural Development Bureau, stated in his speech that in recent years, the overall overseas development situation of Taizhou’s construction industry enterprises has been relatively small, lacking experience, information channels, platform support, and the overall business volume undertaken is relatively low, which is not in line with Taizhou’s position as a major city in the construction industry. However, some enterprises in Taizhou have taken a welcome step in expanding overseas markets and made strong explorations. Construction enterprises, represented by Yujie Group, have experience in undertaking overseas business, with a business volume of nearly 200 million yuan in the past two years. An engineering management service enterprise, Zhejiang Jianjing Consulting has developed well, mainly undertaking projects in the Middle East, Central Asia, and Southeast Asia. In 2020, its overseas business volume could reach 10 million RMB. I hope that participating enterprises can strengthen their own construction, learn more valuable experience from this meeting, actively connect with state-owned enterprises and central enterprises, improve engineering general contracting capabilities, form alliances to expand the market, cultivate and introduce international talents, and explore overseas markets in various ways..3.7 billion yuan. Currently, there are 2 enterprises with qualifications for foreign contracting projects. Since 2010, they have undertaken a total of 12 overseas engineering projects with a total revenue of 2.0.5 billion US dollars. Among them, Yujie Group has achieved remarkable results in Cambodia and Malaysia. In 2018, Yujie Group Chairman Wu Yongjie was personally awarded the “National Cooperation and Friendship Medal” by Prime Minister Hun Sen of the Kingdom of Cambodia.
At the meeting, Yujie Group Co., Ltd. shared its experience of going global; Zhejiang Construction Investment Group Co., Ltd., Zhejiang Jiaogong International Engineering Co., Ltd., China Overseas Water Company, China Export&Credit Insurance Corporation Zhejiang Branch Shanghai Jianwei Law Firm respectively shared themes on “Experience Sharing of Construction Enterprises Participating in the” the Belt and Road “,” Experience Sharing of Overseas Project Early Development “,” Experience Sharing of African Project Contracting Market Development “,” China Export&Credit Insurance Corporation Helps Taizhou Project Contracting Enterprises “Go Global”, and “Main Risks and Precautions of Foreign Contracting Projects”. Zhejiang Construction Investment Group Co., Ltd., Zhejiang Jiaogong International Engineering Co., Ltd., and China Overseas Water Company released more than 10 general contracting information on site, and 3 engineering companies attended the meeting to communicate their project subcontracting intentions. After the meeting, during the corporate questioning session, guests presented detailed answers to the questions raised by the company, and the atmosphere was warm.
(Supplied by Taizhou Municipal Bureau of Commerce)