Hunan Industrial Equipment Installation Co., Ltd., a subsidiary of Hunan Construction Investment Group, signed an agreement with Rio Tinto Simfer for the supply and installation of tank farm and its auxiliary facilities, Simandou, Republic of Guinea on May 28. It's a key project of the global mining giant Rio Tinto Group.

The project is located in southern Guinea and is the core link of port construction. The procurement, construction, testing and commissioning of 45,000 cubic meters of oil storage tanks, substations and water supply and drainage systems will be built.

Once completed, it will provide more sufficient power for subsequent port mobile equipment, ore transportation railways, and mining, and help promote local economic development.

This project is another important business achievement of the group in the West African region, marking the official entry of the group into the Guinea markets and laying a solid foundation for further expanding China-Africa economic and trade cooperation and deepening regional market operations.