Enterprises, financial institutions invest in Guiyang

More than 400 entrepreneurs and financial experts from all over the country participated in the industrial investment and project financing promotion organized by State-owned Guiyang Infrastructure Construction & Investment Group Co in Guiyang, capital of Southwest China's Guizhou province, on May 13.

At the event, Guiyang city and the group issued a sincere invitation to entrepreneurs.

"This time the group launched more than 20 projects, involving real estate, industrial parks and industries, which is quite attractive," said an official.

"A number of banks also signed contracts with the group, and many project construction funds are guaranteed.”

"Guiyang's investment environment is getting better and better, and we have reached cooperative agreements with Guiyang Health Investment Co, a subsidiary of the group," said Guo Debin, chairman of Derom Medical Technology Co, a leading enterprise in China's medical industry that is based in Shanghai.

Enterprises such as Shenzhen Expressway & Environment Co, Hunan Construction Investment Group, and China Construction Bank Guizhou Branch will also cooperate with Guiyang Infrastructure Construction & Investment Group Co in various fields, including the use of resources and urban construction.

The group reportedly signed project cooperation agreements with 22 industrial institutions worth 8.45 billion yuan ($1.21 billion) at the event. It also signed similar agreements with 14 financial institutions and received 30.96 billion yuan of new credit and loans for various projects.