A strategic cooperation agreement was signed between Hubei United Investment Group Co and Wuhan Economic & Technological Development Zone (WEDZ) on Aug 3.
The two sides promised to take full advantage of policies, resources, capital and talent, develop a new government-enterprise collaboration mechanism, and make joint efforts in terms of the regional headquarters economy, improvement of city functions, building and operating industrial parks, public infrastructure, and comprehensive financial services.
As a large provincial State-owned holding company, Hubei United Investment Group Co ranks among the top 500 domestic service firms and its businesses include industrial new city construction, industrial park operation, real estate development, industrial finance, digital economy, and new infrastructure. It has maintained a long-term partnership with WEDZ, with 28 enterprises belonging to the group having set up operations in WEDZ.
In addition, the group has invested a total of 15 billion yuan ($2.22 billion) in eight projects in the zone.
