Discussions between the parties about specific projects have already started.
The agreement with China Communications Construction Company (CCCC) is seen as marking the start of a long-term partnership between both parties. In addition, Atkins and China Harbour Engineering Company (CHEC), a subsidiary of CCCC, have signed a global cooperation agreement to foster their strategic partnership.
CCCC collectively with its subsidiaries is the first large state-owned transportation infrastructure group entering the overseas capital market. As a subsidiary of CCCC, CHEC has been developing and operating the overseas business on behalf of CCCC.
Sun Ziyu, vice president of CCCC said: “CCCC is committed to further grow our business abroad, according to our mission of ‘consolidating foundations and building roads’ and the vision of ‘unblocking the world’. Having a strategic partner who can bring in world-class consultancy, knowledge and experiences will help us achieve our business growth abroad and bring synergy for both parties to unlock more opportunities.”
Mo Wenhe, chairman of CHEC said: “CHEC has over 10,000 domestic and international employees, undertaking US$10bn-worth of projects, and continues to strive for further growth. The cooperation with Atkins is vital for us to maintain our leading position as an international contractor and gain more competitiveness in the global market.”
Professor Dr Uwe Krueger, Atkins’ chief executive officer, said: “CCCC has a strong commitment to developing the transportation infrastructure business in China and abroad as well as providing its customers with consistently high quality services and products. CHEC has an extremely strong portfolio in undertaking large scale projects abroad. Atkins has extensive experience to plan, design and deliver large scale and challenging infrastructure projects around the globe, particularly in the transportation sector. There are synergies in the service offering and we share the same value of bringing a consistently high standard of service to our client.”
Chris Birdsong, Atkins’ chief executive officer for Asia Pacific, added: “I am confident the strategic cooperation with such strong partners will bring benefit and opportunities for all parties to grow.”