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在线翻译:
szdaily -> Business
Beijing, HK firms team up for urban development
    2017-May-11  08:53    Shenzhen Daily

Nan Nan

there_sun@163.com

BEIJING General Municipal Engineering Design & Research Institute (BMEDI) reached a strategic collaboration agreement with Hong Kong architectural design services provider C Cheng Holdings on Tuesday in Hong Kong.

The deal will enable BMEDI to enter the international capital market and C Cheng to expand its services to major infrastructure projects on the mainland.

Liu Guisheng, chairman of BMEDI, said at a press conference Tuesday that the two parties will collaborate to explore business opportunities arising from the “One Belt, One Road” initiative, and will take an active role in the Beijing-Tianjin-Hebei integration project, as well as the development of the Xiongan New Area and Guangdong-Hong Kong-Macao Bay Area.

C Cheng, which is listed on the Hong Kong exchange, is an architectural design services provider specializing in architectural design, landscape design, urban planning, interior design and heritage conservation in Hong Kong and on the mainland. As a wholly-owned subsidiary of Beijing Enterprises Group Co., BMEDI is a comprehensive design services provider in urban infrastructure.

BMEDI last month bought 28.83 percent of C Cheng for HK$158 million (US$20.3 million), thus becoming its largest shareholder.

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