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21 projects worth 139.89 billion yuan signed between Wuhan and friendship cities

Source: hubei.gov.cn 11/16/2018 03:11:45

On November 15, an investment conference for international friendship cities was held as a sub-event of China International Cities Conference 2018 in Wuhan, capital city of central China’s Hubei Province.

21 projects worth 139.89 billion yuan, relating to the fields of auto parts, biomedicine, energy saving, international logistics, new retails, culture and education, were knocked off at the conference.

The signed projects were considered of great significance for Wuhan’s foreign capital utilization, trade in goods and services as well as enterprises’ going global. The Wuhan logistics center of luxury brand auto parts, PeiliPharm production base and other projects of related industries were expected to cluster together to give impetus and vitality to the city.

A batch of projects, such as Huaxin Cement Company’s new deal in Nepal, the commercial plaza in Islamabad of Pakistan and Alliance Steel (M) Sdn Bhd’s contract on power plant of waste gas, were the new steps of Wuhan enterprises’ in global market.

The projects like Wuhan-Moscow cargo air line, strategic cooperation between WAE-Logistics and DB Cargo Eurasian will play an active role in building Wuhan an international comprehensive transportation hub.

In addition, Wushang Group and Zhongbai Group signed with overseas suppliers for direct sourcing and other projects on green cars and food products are of great benefit to Wuhan people. (hubei.gov.cn by Ruan Xinqi)

Related: 2018 China International Friendship Cities Conference opens