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Zhejiang Province Signed Strategic Cooperative Agreements With CNBM

Post Time:Dec 03,2008Classify:Company NewsView:395

Recently, Lu Zushan, governor of Zhejiang province, leading a delegation, has made a visit to China National Building Material Group Corp. (CNBM) and discussed with the leaders of CNBM for the further cooperation of adding investment in Zhejiang. After the discussion, the two parties signed strategic cooperative agreements.

Zhejiang is the largest province of CNBM’s investments. In recent years, CNBM’s investments in Zhejiang are growing even greater, such as building a ten billions of the largest fiberglass base in the world, and investing in the large-scale restructuring of the new dry-type cement in Zhejiang. CNBM has made Zhejiang its strategically important area in Yangtze River Delta. Meanwhile, Zhejiang governments also attach great importance to the development of CNBM in Zhejiang, and have signed some agreements with CNBM and its subsidiaries.

According to analysts, the measure to expand domestic demand in Zhejiang will undoubtedly promote the rapid development and increase the profit of CNBM. As it were, CNBM is one of the largest beneficiaries.

Source: GlassInChinaAuthor: shangyi

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