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Yongding Company Opens New Chapter of Bangladesh Cooperation

2016-10-13

On August 26, Ashraf (Syed AshrafulIslam), General Secretary of the Bangladesh Awami League and Minister of Public Administration of the Government, led a delegation of cadres of the Bangladesh Ruling League to visit Jiangsu Etern Co., Ltd. The inspection and exchange opened a new chapter of cooperation with Bangladesh. The company's chairman Mo Lindi, deputy general manager He Yumin, and deputy general manager Xu Gongsheng of Beijing China Cable Tongda Electric Complete Set Co., Ltd. warmly received the guests. In the company's multifunctional conference center, deputy general manager He Yumin introduced the general situation of Yongding Company to the guests, and Xu Gongsheng, deputy general manager of China Cable Tongda, introduced Yongding-China Cable

In the company's multi-functional conference center, deputy general manager He Yumin introduced the general situation of Yongding Company to the guests, and Xu Gongsheng, deputy general manager of China Cable Tongda, introduced the EPC general contracting project of Yongding-China Cable Tongda Consortium in Bangladesh. In the past five years, the consortium project team has implemented nearly US $1 billion projects in the field of power engineering in Bangladesh. The implementation of these projects has contributed to the economic and trade development of China and Bangladesh and the improvement of Bangladesh's power cornerstone facilities, especially for Bangladesh's power construction, industrial development, training of skilled technical and management personnel, employment promotion and placement, and promotion of supporting industries. Made a positive contribution. At the same time, these projects exported hundreds of millions of dollars of Chinese credit capital and Chinese technical standards for power engineering. When communicating with the guests, the company expressed its positive intention to expand BOO power plant investment in Bangladesh in the next 5 years, take root in the Bangladesh market for a long time and focus on power engineering and power plant investment business. The delegation spoke highly of and affirmed this, and the head of the delegation introduced Bangladesh's vigorous development of power construction, believing that the Yongding-China Cable Tongda consortium has long been rooted in the Bangladeshi market, has strong EPC project execution capability, has the support of manufacturing entities and national credit capital, and is a very good construction participant. Deputy head of the delegation and general secretary of the Communist Party of Bangladesh (Malaysia-Leninin) Barua (former minister of industry) introduced the industrial development of Bangladesh and welcomed the investment of Yongding Company-China Cable Tongda Consortium in the construction and operation of BOO power station in Bangladesh. Finally, the two sides had a warm and friendly multi-faceted exchange and discussion.

The Yongding-China Cable Tongda Consortium has been rooted in Bangladesh for nearly 20 years and has successfully implemented the first and second phase transformation and upgrading projects of the country's power transmission and distribution network. In the past five years, it has contracted power projects in the country with an amount of more than US $1 billion. Rich experience in project implementation. In order to participate in the national "One Belt One Road" strategy, the consortium will continue to promote cooperation with Bangladesh in upgrading and transforming power infrastructure to benefit the people of Bangladesh more and better.