BRI| CONCH's fruitful results in overseas development over ten years

2023 marks the 10th anniversary of “the Belt and Road Initiative” (BRI). Anhui Conch Group has actively practiced the BRI, vigorously implemented the international development strategy, and invested in Indonesia, Myanmar, Laos, Cambodia, Uzbekistan, and other countries. Now it has 43 overseas companies in 20 countries and regions, nearly 4500 overseas employees, and its business scope covers the world.

A road to facilitate infrastructure connectivity

From the tropical rainforest to Central Asia, Anhui Conch Group exports China's most advanced technology and equipment, builds green factories, and establishes an internationally renowned brand. The products made by CONCH are widely applied to the countries along the China-Laos Railway, Angkor International Airport, Techo International Airport, Jingang Expressway, and other significant projects to boost the infrastructure connectivity and economic and social development of countries along the Belt and Road.

A road to promote unimpeded trade

CONCH continues to deepen trade cooperation under the “Belt and Road” initiative. Its import and export business of coal, cement, and textiles in countries along the route has developed steadily, with a total import and export volume of about 50 billion US dollars in ten years. It has driven high-end equipment to go abroad, and the export value of complete sets of cement equipment and shield machines has reached nearly 3 billion yuan, opening up a new channel for trade cooperation.

A road to promote people-to-people bonds

CONCH’s “Belt and Road” project fully integrates into the local society and implements the localization strategy. There are nearly 4,500 overseas employees, and the localization rate of employment has reached 80%, which has created tens of thousands of jobs and benefited the local people. And the Conch Group has been widely welcomed and highly recognized by the investing countries.

CONCH will deeply integrate into the new pattern of domestic and foreign dual-cycle development, actively promote international trade, intensively cultivate overseas markets, jointly build the "Belt and Road" with high quality, continue to enhance global competitiveness and influence, and accelerate towards a world-class enterprise, and contribute to the construction of a communityof shared future for mankind.