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Chairman Yan Hao Attended the First China-ASEAN Private Entrepreneurs Summit
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Yan Hao Talked with Malaysian Ambassador to China Raja Dato Nushirwan Zainal Abidin

On Nov. 18, 2019, Yan Hao held talks with Malaysian Ambassador to China Raja Dato Nushirwan Zainal Abidin in Beijing. They had in-depth exchanges on strengthening interaction and communication and on deepening cooperation.

Yan Hao said that he felt much cordial about this meeting because he just completed his visit to Malaysia last week. Since its establishment, CPCG has always focused on infrastructure investment, construction and management, and adhered to the core operating values of “safety first, reputation second and efficiency third”. CPCG has been listed on the Global 500 List for six years in a row and ranked in the top 100 for four consecutive years. In order to implement the “Belt and Road” Initiative, CPCG moved its headquarters to Urumqi, Xinjiang and also set up its southern headquarters in Nanning, Guangxi, so as to “go global" with its unique advantages as a private enterprise. In accelerating the process of internationalization, CPCG established its strtegic layout of taking the ASEANmarket as the core and Kuala Lumpur as its ASEANheadquarters, it has one local Malaysian company with the highest G7 construction licence, and completed a number of projects. Our prospective highway and railway projects in Sarawak and West Malaysia are expected to get secured.

Yan Hao pointed out that in the actual operation, our company employed a large number of local staff, and its localization rate reached 90%. As a Global 500 company, CPCG brings not only capital but also resources and wisdom to Malaysia.For instance, our Terengganu glass slag industrial park project with an investment of about RM 5 billion, CPCG will not only solve the infrastructure problems for the park, but also actively introduce advanced physical industries from China's coastal areas, thus realizing long-term and sustainable development. We invest in ASEANand Malaysia and set up our ASEANheadquarters in Kuala Lumpur is not merely for the purpose of one or two projects, but for the hope that the two sides will continue to work together for a long time. CPCG will adhere to the principle of “following the market instead of officialdom and observing law instead of power” to inject mature and advanced architectural application technology into Malaysia and help transform and upgrade its urban construction.

Raja Dato Nushirwan Zainal Abidin thanked CPCG for its investment in Malaysia.He said that over the past 40 years, China and Malaysia have maintained friendly relations.In recent years, Prime Minister Mahathir Mohamad has paid two visits to China and various government ministers have made frequent visits to China to promote the all-round development of bilateral political, economic, trade and cultural exchanges and cooperation. In this context, Malaysia is not only the first stop for most Chinese tourists, but also the first overseas market for a large number of Chinese enterprises. As the Malaysian Ambassador to China, he is responsible for the communication between the government and enterprises of the two countries. Malaysian local construction technology is generally backward. We hope that the CPCG will exert its profound construction experience in Malaysia and continue to build high-quality and environment-friendly projects with fast progress in Malaysia.
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