Chinese companies to build infrastructure projects in Scotland
March 29, 2016 Category Foreign trade, Weekly
Scotland signed a memorandum of understanding (MOU) with China’s SinoFortone Group and the China Railway No 3 Engineering Group for infrastructure projects with a potential value of GBP10 billion. The agreement will pave the way for significant investment in fields such as clean energy, transport and affordable housing. At the signing ceremony, Scottish First Minister Nicola Sturgeon was joined at Bute House by Peter Zhang, Managing Director of SinoFortone Group, Sir Richard Heygate, Senior Adviser for China Railway No 3 Engineering Group, and Chinese Consul General Pan Xinchun.
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