On December 14, Chen Shengde, Chairman of Zhongyang Holding Group, and Peng Xiong, Dean of Zhongyang Construction Industrialization Research Institute, along with other group leaders visited Djibouti for an inspection and had friendly talks with Abdullah Mijile, the Djiboutian Ambassador to China. The two sides engaged in in-depth exchanges regarding Djibouti's residential construction projects and deepening business cooperation.

During the talks, Ambassador Mijile provided a detailed introduction to Djibouti's national positioning and development vision, emphasizing its unique strategic position as the 'Dubai of Africa' and the significant demand and potential in the residential construction sector. The ambassador pointed out that Djibouti has abundant land resources, favorable tax policies, a stable financial environment, and excellent investment conditions, providing vast development space for domestic and foreign investors. He also highlighted various project plans in areas such as shantytown renovation, housing for military families, housing for high-level talents and the middle class, and highly praised Zhongyang Construction Group's long-standing architectural strength and advantages in prefabricated building technology. He looks forward to both parties working together to promote the implementation of these projects.

Ambassador Abdullah Mijile with Chairman Chen Shengde

Chairman Chen Shengde expressed high recognition of Djibouti's investment environment and development prospects while introducing Zhongyang Construction Group's rich experience and technological innovations in residential construction. He emphasized that Zhongyang Construction Group will fully leverage its leading position in prefabricated building to focus on cost control and quality improvement, tailoring high-quality and cost-effective residential products for Djibouti to meet the diverse needs of different resident groups. Zhongyang Construction Group will actively implement the 'Belt and Road' initiative, continue to deepen cooperation with Djibouti, and jointly promote the continuous deepening of friendship and cooperation between the two countries.

After in-depth exchanges, both parties reached a preliminary consensus on specific cooperation matters, laying a solid foundation for future collaboration. Both sides expressed their intention to maintain close communication, strengthen coordination and cooperation to promote the swift implementation of cooperative projects for mutual benefit and win-win outcomes while contributing to the ongoing deepening of friendship and cooperation between the two countries.

Zhongyang Construction Group New Year Message 2025 | Striving Forward with Determination and Setting Sail

Chen Shengde, Chairman of the Board of Directors of Zhongyang Holdings Group, and his delegation visited Senegal for an inspection.

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