Qingdao, Qilu Transportation Development strengthen cooperation

The Qingdao municipal government and Qilu Transportation Development have signed an agreement to cooperate on infrastructure, modern finance, intelligent logistics, real estate development and other related fields.

Meng Fanli, Qingdao mayor, Zhang Deping, vice mayor of Qingdao, Xu Chunfu, chairman of the Qilu Transportation Development Group and Zhou Yong, general manager of the Qilu Transportation Development Group took part in the signing ceremony on Oct 17.

Meng extended a warm welcome to the visiting delegation from Qilu Transportation Development Group. He heaped praise on the company, saying it is one of the most important investment and financing bodies of major transportation projects in the province, and has superior resources in urban infrastructure such as speedway construction.

He added that the city will promote the comprehensive implementation of the agreement by taking the strategic cooperation as a new starting point as well as striving to provide the best policy support.

Xu outlined the current developments of the company, saying that Qilu Transportation Development Group assures full support and cooperation to urban construction in Qingdao.