On March 14, China Gezhouba International Corporation and Malaysia Nanyang Maritime Silk Road Co., Ltd. signed a contract for the Malacca Sea Sand Mining and Transportation Project in Malaysia. Malacca Sea Sand Mining and Transportation Project is located in the sea area of Malacca, Malaysia, which is rich in sea sand resources. The main content of the project is sea sand mining, transportation and processing, with a construction period of 4 years and a production capacity of 20 million tons of sea sand per year. The
successful signing of the contract is an important achievement for China Gezhouba International Company to seize new opportunities in the face of the new situation, carry out the "the Belt and Road" initiative in depth, and accelerate business transformation and upgrading.
Malaysia is the key country of overseas investment and construction of China Gezhouba Group, and the non-electric business has signed more than 4 billion yuan, covering many fields such as highway, housing construction and port. Malaysia Branch will further adapt to the market situation, seize market opportunities, and strive to achieve deep cultivation and rolling development of the Malaysian market.