CNBM’s President, Song Zhiping, spoke at the High-Level dialogue between Chinese-African Leaders and Business Communities, and the 5th Conference of Chinese and African Entrepreneurs, held in Johannesburg earlier this month.
Song emphasised the importance of internal relations in enhancing cooperation in investment and financing between China and Africa, the export of Chinese equipment, and promoting Sino-African capacity cooperation, all with a view to transforming investment in Africa. He affirmed the importance of enhancing CNBM’s financial cooperation with Africa, and expressed the company’s hope of increasing direct investment and further accelerating the investment-driven capacity cooperation based on sustainable projects, in order to meet the demands of African countries in the future. CNBM aims to establish localised equipment manufacturing bases and building material processing parks in Africa, as well as increasing financial investment in the country. Through this the company will play the role of both investment absorber and investment operator, thereby making significant contributions to economic and trade links between China and Africa.
Adapted from press release by Rebecca Bowden