Recently, the signing ceremony of Memorandum of understanding between CSCEC ME and Industrial and Commercial Bank of China Limited (ICBC), Dubai Branch has been held at the China Pavilion of Dubai Expo. Mr. Yu Tao, President & CEO of CSCEC ME, Mr. Zhang Junguo, General Manager of ICBC Dubai Branch mutually signed the “Project Cooperation Framework Agreement” on behalf of respective parties.
During the ceremony, Mr. Yu Tao expressed that CSCEC ME and ICBC Dubai Branch have established a long-term partnership and extended the appreciation towards ICBC Dubai Branch for its long-lasting support. Mr. Zhang Junguo extended his gratitude to CSCEC ME for its continuing support to ICBC Dubai Branch and highly recognized its leading position in the regional construction and representation of the Chinese Enterprises in the Middle East.
According to Mr. Yu Tao, based on the “Project Cooperation Framework Agreement”, CSCEC ME would like to further strengthen both parties’ cooperation in the financing, construction, operations and new sectors, work together to promote in-depth integration of finance and the real economy as well steadily execute the agreement.