Company News
Industry Updates
News Home > News
Newly Established Partnership between Guoxin, GID and ICG
2013/3/27

On 26 March 2013, Guoxin Tendering Group (¡°Guoxin Group¡±), Guoxin International Development Company (¡°GID¡±) and Infrastructure Capital Group (¡°ICG¡±) signed a strategic cooperation agreement. According to this agreement, both sides will cooperate in seeking investment solutions, offering EPC projects and facility purchasing services for the ¡°Going-Out¡± Chinese companies, covering extensive industries including energy, infrastructure, petroleum, coal, mineral resources, etc.

Yuan Bingyu (CEO of Guoxin Group), Michael Fitzpatrick (CEO of ICG), William Wu (Executive Vice Chairman of GID), Clara Yip (Vice President of Guoxin Group) and John Clarke (Founder and Managing Director of ICG) attended the signing ceremony. Mr. Yuan and Mr. Fitzpatrick signed the agreement in the ceremony, representing the founding of Infrastructure Capital International Company (¡°ICI¡±), and the establishment of the partnership between GID and ICG.

ICG is Australia¡¯s leading infrastructure investment manager, managing over $1.2bn of equity in infrastructure assets, with a total enterprise value of A$4.0bn. Investors in ICG-managed EIT and DIT funds are Australia¡¯s largest superannuation funds. Over the last five years, ICG has closed 22 investments across power, transport, commodity and social infrastructure and etc. Michael Fitzpatrick, Chairman of ICG, has 31 years experience in the financial services sectors in Australia and the United States; and also holds a number of other non-executive directorships, including Rio Tinto Limited and Rio Tinto plc.

Based on several consultations between Guoxin Group and ICG, both sides agreed to offer investment services, EPC opportunities and facility purchasing services for large and medium enterprises (LMEs) under ¡°Going-Out¡± strategy. Besides, this newly established partnership is a platform for international investors accessing Chinese infrastructure investment market.


 

Homepage | Join Us | Contact Us | Privacy and Conditions | Site Map | Email Login
Beijing  +86 10 8835 4433 ext. 116
Level 10, Guoxin Tower, 22 Shouti South Rd,
Haidian District, Beijing, China
Hong Kong  +852 2841 8889
Unit 1818, Hutchison House, 10 Harcourt Rd,
Central, Hong Kong
Sydney  +61 2 8071 1201
Level 15, 14 Martin Place, Sydney,
NSW 2000, Australia
2013-2017 Infrastructure Capital International Fund Management Company Limited. All rights reserved.