On September 6, 2006, China Construction Bank Corporation (CCB) singed a cooperation agreement with ALSTOM (China) Investment Co., Ltd., raising the bilateral cooperation to a new level. Mr. Guo Shuqing, Chairman of CCB, Mr. Zhao Lin, Managing Director & Vice President of CCB, and Mr. Patrick Kron, CEO of ALSTOM Group attended the signing ceremony.

The France-based company ALSTOM is a global leader in infrastructure for power generation and rail transport. As one of the FORTUNE 500 companies, ALSTOM has been an active player in the booming construction of power generation and rail transport projects of China. 

The Hong Kong listed CCB, with investors all over the world, is a leading commercial bank with solid strength, complete range of businesses, excellent services and advanced technologies. CCB enjoys competitive edge in supporting and serving the construction of China’s large & medium infrastructure projects.

Source of CCB notes that in addition to the existing cooperation with ALSTOM in the deposit, credit, international and intermediary business sectors the bank will make full use of its financial advantages and rich resources to provide more sophisticated financial services for ALSTOM’s future growth, forge a mutually beneficial relationship, jointly promote their brands and enhance competitiveness.

At the signing ceremony, both sides agree that the all-round bilateral cooperation will help promote common development, achieve win-win results and contribute more to China’s modernization drive.