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Chairman Sun Bai Visits Argentine President Mauricio Macri

Release time:2017-05-03 Article source: Reading times: A+AA-

On May 2, 2017, CMEC Chairman Sun Bai visited Argentine President Mauricio Macri in Casa Rosada, the presidential palace of Argentina, during his stay in Buenos Aires, the capital of Argentina.

Sun, first of all, briefed Macri on the implementation of CMEC’s Belgrano freight rail renovation project in Argentina, saying that the project went smoothly thanks to the great support from the new government led by President Macri. The locomotives provided by CMEC have been delivered and are operating on the Pampas Steppe, the civil engineering work financed by China has been underway in the northern region of the country. The two sides are negotiating about supplementary projects of the renovation project and will sign relevant agreements when the president visits China. Also, Sun briefed the president on the progress of the projects that CMEC is developing and implementing it Argentina, as well as the company’s plan on investment in the electric power and transport markets of the country.

Macri said Argentina’s economic and social situation has undergone tremendous changes since the new government has taken office. He was very glad to see that the Belgrano freight rail renovation project that is fully supported by the Argentine government was in full swing and promoted the economic development of the northern region of the country. Macriexpected that the supplementary agreement on the project to be signed during his visit to China and take effect as soon as possibleand hoped that CMEC and the Ministry of Transport can cooperate with each other in new projects. The president spoke highly of CMEC, hoped that CMEC makes more and better investments in engineering projects in Argentina in the future, and assists the country in gaining more financial supports from China.

At the end of the meeting, Sun stressed that CMEC, as a responsible international project contractor, pledges to meet the requirements put forward by Chinese President Xi Jinping at the opening ceremony of the Belgrano freight rail renovation project on making the project a model for the economic and trade cooperation between China and Argentina, responds to the plan made by President Macri on developing the northern region of Argentinatakes root in Argentina, fulfill its social responsibilities in Argentina, and give more and better project and financial supports to the economic and social development of the country.

Also present at the meeting were Argentine Transport Minister Guillermo Dietrich and Argentine Railway Infrastructure President Fiad.