Conch Group: Deep Integration into RCEP to Promote New Development of Regional Economic and Trade Cooperation

2025-06-05 09:15:08

On May 20, 2025, Cambodian Prime Minister Hong Manai attended the ribbon-cutting ceremony for the opening of Conch Cement Company in Phnom Penh, Cambodia. The company is an important achievement of practical cooperation between China and Cambodia in the "the Belt and Road" and the 12th large-scale building materials entity project built by Conch Group in RCEP member countries. The successful commissioning of the project will create a large number of jobs for Cambodia, promote the development of upstream and downstream industries, and help Cambodia's industrial modernization.

On May 20,

2025, Cambodian Prime Minister Hong Manai attended the ribbon-cutting ceremony for the opening of Conch Cement Company in Phnom Penh , Cambodia. The company is an important achievement of practical cooperation between China and Cambodia in the "the Belt and Road" and the 12th large-scale building materials entity project built by Conch Group in RCEP member countries. The successful commissioning of the project will create a large number of jobs for Cambodia, promote the development of upstream and downstream industries, and help Cambodia's industrial modernization.

In recent years, Conch Group has actively "gone out", increased RCEP regional investment development and economic and trade cooperation, invested in Indonesia, Myanmar, Laos, Thailand, Cambodia and other RCEP member countries, with an investment scale of over 15 billion yuan, set up more than 20 enterprises, and a number of major projects have "taken root" and "blossomed" in member countries; Since the formal implementation of RCEP, the trade volume with other member countries has reached 6.7 billion US dollars, and the economic and trade cooperation has achieved fruitful results. The Group ranks among the top 100 multinational companies in China.

High-quality participation in the implementation of RCEP promotes smooth

trade, high-quality participation in the implementation of RCEP, makes good use of policy dividends, builds a large regional market of RCEP, expands the value chain of regional industrial chain supply chain, and vigorously cultivates new trade formats such as cross-border e-commerce. We will expand the export of superior products and the import of high-quality commodities, steadily develop the trade business of ships, building materials, machine parts, agricultural products and textiles in member countries, and drive high-end equipment such as complete sets of cement equipment and shield machines to go abroad, enabling high-quality development of foreign trade. Anhui International Trade, a subsidiary

of Conch Holdings, has increased policy research and publicity on RCEP market opening, rules of origin and trade facilitation, selected business personnel to be stationed in RCEP regional countries, developed market segments, expanded new customers through the Canton Fair and other platforms, continuously promoted product innovation, and enhanced its competitiveness and attractiveness. The company exported 27 ships to Japan, Singapore and other countries, with a total contract value of 730 million US dollars, and exported more than 600 trucks of various types to the Philippines, Brunei, Cambodia and Singapore. Export 27

ships

to Japan, Singapore and other countries, import

new conch materials, give full play to the bridgehead role of overseas bases in Thailand and Myanmar, weave a dense sales network, participate in the Bangkok International Building Materials Exhibition in Thailand, and enhance brand awareness. Using the resources of Shanghai Company and border trade customers to expand the market of RCEP member countries, carry out special market research in Indonesia and Cambodia, and further tap business opportunities in RCEP region, the volume of foreign trade business in 2024 increased significantly year on year.

From ASEAN to RCEP, Conch takes advantage of the whole industrial chain, expands international capacity cooperation, and exports the most advanced new dry cement technology and equipment in China. Introducing the latest energy-saving and environmental protection supporting technologies, carrying out intelligent manufacturing and green manufacturing projects in depth, building green benchmarking factories, promoting the "going out" of high-end equipment, new energy and new materials, energy-saving and environmental protection industries, deepening industrial integration and development, promoting the optimization and upgrading of local manufacturing industries, and promoting the "going out" of high-end equipment, new energy and new materials. It has formed an annual cement production capacity of 21.7 million tons, an aluminum production capacity of 20,000 tons, a profile production capacity of 10,000 tons, and a high-grade door and window production capacity of 150,000 square meters, with an annual revenue of 6.9 billion yuan, making it the largest and fastest growing enterprise in the RCEP region of the same industry in China. The raw material mill, preheater and other main equipment of Conch Project in Luang Prabang Province of

Laos are all manufactured independently, and the overall localization rate of production line equipment reaches 90%. Taking advantage of the local rice planting scale, Conch Madewang in Cambodia has designed and put into operation the first biomass fuel system of Conch, using rice husk as fuel. At present, 787,000 tons of rice husk have been used, saving nearly 276,000 tons of standard coal and reducing carbon dioxide emissions by about 991,000 tons, which not only reduces production costs, but also benefits environmental protection. It has been awarded the "National Environmental Protection Demonstration Unit of Cambodia". The Conch Waste Heat Power Generation Project in South Kalimantan Province of Indonesia can save 56,000 tons of coal and reduce 145,000 tons of carbon dioxide emissions annually, and build a modern green factory with Southeast Asian characteristics, which has won the title of "Green Factory" in Indonesia. Conch RCEP member countries cement, aluminum and door and window projects in Madewang Conch Photovoltaic Energy Storage Project

in Cambodia attach great importance to brand building, continuously improve product quality and service level, continuously provide high-quality building materials products for the local area, greatly reduce the cost of local infrastructure construction, and promote the development of the country. The products are widely used in major projects of member countries such as China-Laos Railway, Angkor International Airport, Dezuo International Airport, Jingang Expressway, Delong Industrial Park in Indonesia and Qingshan Industrial Park in Indonesia, accelerating the process of urbanization and modernization, and boosting the interconnection of infrastructure and economic and social development of member countries. The key project

of Conch Supply Guarantee, the key project of Conch Supply Guarantee at Phnom Penh International Airport

in Cambodia, the Dala Bridge

in Myanmar, benefits the local people and promotes the integration

of Conch RCEP member countries into the local society. Implementing the localization strategy, increasing employment and improving people's livelihood, the localization rate of employees has reached 86%, and tens of thousands of jobs have been created, so that the construction achievements can better benefit the local people, benefit the local people, and constantly expand the "circle of friends".

In order to cultivate local excellent management talents, Conch implements the Silk Road Talents Training Program to promote the quality of local employees in line with international standards. The company respects the local religious beliefs, customs and cultural traditions, pays attention to cultural exchanges and builds cultural mutual trust. In Myanmar, the company and the local Confucius Institute jointly build the Conch Workers' University to train local employees in Chinese and professional knowledge and promote the integration of diverse cultures. At the same time, it also actively assumes corporate social responsibility, donates donations to disaster areas, donates cement to repair schools and roads, and establishes a good corporate image.

At present, RCEP has entered a new stage of full implementation. Zhu Shengli, deputy secretary and general manager of the Party Committee of Conch Group, said that Conch would actively seize the new opportunities of RCEP, further make good use of both domestic and international markets and resources, continuously improve its transnational operation capabilit y, build a mutually beneficial and win-win cooperation system of industrial chain, supply chain and value chain, and promote more high-quality products and businesses to "go out". Participate in RCEP regional economic and trade cooperation on a larger scale and at a deeper level, continuously enhance global competitiveness and influence, and strive to create a new situation of win-win cooperation.

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On May 20, 2025, Cambodian Prime Minister Hong Manai attended the ribbon-cutting ceremony for the opening of Conch Cement Company in Phnom Penh, Cambodia. The company is an important achievement of practical cooperation between China and Cambodia in the "the Belt and Road" and the 12th large-scale building materials entity project built by Conch Group in RCEP member countries. The successful commissioning of the project will create a large number of jobs for Cambodia, promote the development of upstream and downstream industries, and help Cambodia's industrial modernization.

2025-06-05 09:15:08