Hunan Construction Investment Group (HCIG) and China Harbour Engineering Company (CHEC) held a signing ceremony of the Memorandum of Understanding (MOU) on cooperation for the Maldives Male Municipal Road Consortium project in Fuzhou, Fujian Province on January 8.

At the ceremony, Zhang Xiaoqiang, general manager of CHEC, said that as one of the first enterprises to expand international engineering business, CHEC is mainly engaged in business in ports, construction, roads and bridges, rail and other fields in over more than 100 countries and regions.

CHEC has always focused on further implementing the “going global” strategy in accordance with the “Belt and Road” Initiative. It has rich experience and unique advantages in developing overseas business. HCIG boasts deep brand heritage and strong comprehensive strength. The two sides have broad cooperation prospects. CHEC hopes to further integrate resources and work together with HCIG to achieve mutual benefits and a win-win situation. 

Cai Dianwei, chairman of HCIG, introduced the group’s reform and development, international business and others. He said that as a large state-owned enterprise under the provincial government, HCIG’s business involves all aspects of urban and rural construction and project construction, and has advantages in investment, construction, and operation throughout the whole industrial chain. It focuses on exploring domestic and international markets, and strives to be a world-class construction investment enterprise. 

Since it established a branch in Maldives in 2017, Hunan No.6 Engineering Co., Ltd. has actively sought development opportunities in Maldives. Over the past six years, it has built landmark buildings such as office buildings of the government and roads linking the airport, as well as infrastructure projects for people’s livelihood, winning a good reputation in local areas.  

HCIG and CHEC will jointly build high-quality projects, carry out higher-level, broader and deeper cooperation, explore new models of high-quality development and achieve win-win results. 

The Male municipal road project is located on the north side of Male Island, and includes the widening of the roundabout road and the renovation of the municipal roads, with a total length of about 20 km. 

In recent years, with the rapid development of the economy and society in Male and the improvement of urbanization level, the problem of urban traffic congestion has become increasingly serious. 

This project is of great significance for improving infrastructure construction. Once completed, it will greatly alleviate the traffic pressure in urban areas of Male and further promote the economic development of Maldives.