On September 10, Zhou Yuxian, President of China Cement Association, led a team to visit the China-Africa Development Fund, and the two sides conducted in-depth exchanges on the development trend of African building materials industry, industrial investment opportunities and future cooperation directions. Ma Li, President of China-Africa Development Fund, Chang Hui, Vice President of China-Africa Development Fund, Han Dan, General Manager of the Third Investment Department, Wang Yulu and Zhang Sisi, First-level Managers of the Third Investment Department, received the visitors. Rong Yakun, President of Sinoma Cement , He Feng, Vice President, Chief Accountant and General Counsel, and Liu Xiaojing, Assistant President, attended the meeting. Ding Zhengping, Secretary-General of China Cement Association, Chen Fei, Deputy Secretary-General and Director of International Cooperation Department, and Lou Ting, Director of International Cooperation Department, accompanied the visitors.
At the meeting, Ma Li, president of the China-Africa Development Fund, introduced the development of the fund. Since its establishment nearly 20 years ago, the China-Africa Development Fund has set up a total of 10 billion US dollars, set up representative offices in many African countries, actively played a bridge role in China-Africa industrial cooperation, and supported Chinese enterprises to invest and develop in Africa. The fund has long been concerned about the development potential of the African market and has continued to promote investment cooperation in key areas, including cement and related building materials industries. President
Zhou Yuxian said that with the continuous progress of infrastructure construction and urbanization in Africa, the African building materials market has a broad space for development. China Cement Association is willing to give full play to the advantages of industry resources, establish a closer cooperation mechanism with the China-Africa Development Fund, and jointly help Chinese cement and building materials enterprises to participate in the construction of the African market with high quality. The two sides can focus on the following aspects of cooperation:
First, establish a regular communication and docking mechanism. China Cement Association can provide objective evaluation and information support on the basic information, industry qualification and operation ability of domestic cement enterprises for the fund to carry out project investment.
The second is to strengthen post-investment service cooperation. Relying on the professional resources of the association, it provides value-added services such as overseas operation diagnosis, industrial collaboration and enterprise management optimization for the projects invested by the fund, so as to improve the operation quality of overseas projects.
Third, expand the cooperation space of building materials industry chain. On the basis of traditional cement industry, we will explore the integration and development of cement industry with commercial concrete, cement products, gypsum board, new energy and other fields, and tap more industrial investment opportunities.
Fourth, strengthen industry exchanges and resource sharing. Invite the China-Africa Development Fund to participate in large-scale thematic conferences in the industry, and strengthen the docking with global cement enterprises, industry organizations and embassies and consulates in China through keynote speeches, exhibitions and other forms.
After exchanges, the two sides reached consensus on further deepening cooperation. In the future, the China-Africa Development Fund will establish a special docking mechanism with China Cement Association to carry out special research and project planning around the African cement and building materials industry; the two sides will give full play to their respective advantages in capital, industry, information and resources to promote the coordinated development of "financing, intelligence and business". At the same time, relying on the African cement industry research report project completed by both sides, we will continue to serve the international development of Chinese cement enterprises and tap opportunities for investment cooperation in the industrial chain of the African market.
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