Lyu Zexiang Visits Indonesia for Market Survey

From June 25 to 26, Lyu Zexiang, General Manager of CGGC International and Deputy Secretary of the Party Committee, led a delegation to Indonesia for in-depth surveys on market development, management of projects under construction, etc. in a bid to deeply practice the guidelines proposed at the first congress of Party representatives and new ideas of the new leadership, and to accelerate the further expansion and high-quality sustainable development of Indonesian market.

Seminar on CGGC’s Business in Indonesian market

During the survey, Lyu Zexiang organized a special meeting on CGGC’s business in Indonesian market in Jakarta, Capital of Indonesia. On the meeting, he conveyed the guidelines of the first congress of Party representatives of CGGC, debriefed on reports about the work in Indonesian market by the Indonesia Representative Office and the project departments of projects under construction. In the meantime, he placed his focus on systematically sorting out strategies for development of Indonesian market, coordination between projects under construction and market development, promotion of localized operation, etc., encouraged all employees to unite as one, cooperate and forge ahead in multiple modes, thus turning Indonesia into an overseas engine market segment of CGGC and earnestly practicing CGGC’s strategy of deeply cultivating markets in key countries.

As he noted, Indonesia is an important member of ASEAN and a crucial fulcrum of the Maritime Silk Road. Deepening the cultivation of Indonesian market is of great significance for cultivating CGGC’s overseas pillar markets and its rolling development. As for the next-step work, Lyu Zexiang raised the following requirements. First, strengthen awareness of sustainable development of Indonesian market, systematically study differentiated business models, improve the response speed and ability for diversified businesses, and accelerate resource pooling and construction of the localized enterprise; second, attach great importance to the mutual integration of projects under construction and the market, strengthen the business operation and planning of projects under construction, establish good relations for projects under construction, consolidate the first-mover advantages, and proactively serve the market development and information transformation; third, properly control the quality and safety of projects under construction to ensure efficient implementation; fourth, systematically study and innovate business models to realize parallel financing of projects funded by international financial institutions; fifth, set up various resource banks for deep market cultivation and pay active attention to the development of such fields as coal, power and the third-party cooperative market; sixth, accelerate the transformation and upgrading, and cultivate the development path of strategic businesses including energy industrial parks and ports; seventh, strengthen the grass-roots Party building, give full play to the advantages of the Party building, and realize the in-depth integration of the Party building with production, operation and social responsibility.

Lyu Zexiang Meets with Chinese Ambassador to Indonesia Xiao Qian

During the period, Lyu Zexiang also met with Chinese Ambassador to Indonesia Xiao Qian, and briefed on CGGC International’s development achievements, planning and deployment, performance of key projects and grass-roots Party building in Indonesian market. He hoped to realize the deep cultivation and sustainable development of Indonesian market under the guidance of the embassy. Ambassador Xiao Qian highly recognized CGGC’s comprehensive strength and satisfactory performance of projects under construction. As he noted, the economic and trade cooperation between China and Indonesia enjoys broad prospect and the bilateral relations witness good development, with remarkable achievements made in practical cooperation. Deepening the integration of the “Belt and Road” Initiative with Indonesia’s “Global Maritime Fulcrum” vision has brought broad opportunities for Chinese-funded enterprises to deepen their exploration of Indonesian market. He invited CGGC to keep increasing its resources input in Indonesian market, and emphasized that the embassy will provide strong support for CGGC’s participation in priority projects under Indonesia’s “Regional Economic Cooperation Corridor” program.

Lyu Zexiang Meets with Chinese Ambassador to ASEAN Huang Xilian

Lyu Zexiang also visited Huang Xilian, Chinese Ambassador to ASEAN. Ambassador Huang Xilian introduced the overall environment of the Southeast Asian market and operation of local Chinese enterprises. He noted that it is glad to keep strengthening the exchanges and cooperation with CGGC in a multilateral framework to push China-ASEAN economic and trade cooperation to a new level. During his visit to Indonesia, Lyu Zexiang also met successively with Wang Liping, Minister Counsellor of the Economic and Commercial Counsellor’s Office of the Chinese Embassy in Indonesia, Manethong, Director of the Indonesian State Electricity Company (PLN), and Gan Hongying, Chairman of SSP Group.

Other attendees included CGGC International Chief Economist Hu Peng, General Manager Assistant of CGGC Three Gorges Construction Engineering Co., Ltd. Zhang Chuanhu, and relevant principals of International Department II, Indonesia Representative Office, Project Department of Takalar CFSPP, Project Department of PARIT BARU CFPP, and Project Department of P5 Project.