Hubei Provincial Communications Investment Group Co Ltd

Hubei Provincial Communications Investment Group Co Ltd, a solely state-owned company managing transportation investment and financing, was founded and set up by Hubei Provincial People's Government in October 2010.

The registered capital of the group reached 10 billion yuan ($1.48 billion) and its total assets has amounted to over 390 billion yuan, being the company in Hubei owning the most provincial assets scale.

Owning 192 subordinated companies, the group currently manages various kinds of business areas such as investment and construction of transportation infrastructure, modern logistics, regional development, new energy, intelligent transportation, non-bank financial and the integration of transportation and tourism.

Since its establishment, the company has achieved total financing of 340 billion yuan along with an overall investment of 280 billion yuan. It has built over 2,100 kilometers of highway, 31 km of railway and four harbor wharf berths of 3,000 tons along the Yangtze River. Six bridges across the Yangtze River, 67 km of railway and the project of Hubei airports for international logistics core hub are under construction.

By the end of 2020, the investment and financing of the group will both exceed 200 billion yuan and the company's operating receipt will reach over 30 billion yuan.

Address: 1077 Luoyu Road, Hongshan district, Wuhan, Hubei province
Postcode: 430074
Tel: +86-27-87574990
E-mail: hbjttz@163.com
Official website: http://www.hbjttz.com/ (Chinese)