Saysettha Development Zone is mainly run by the Lao-China Joint Venture Investment Co Ltd. The company is a joint venture between Yunnan Provincial Overseas Investment Co., Ltd, the overseas investment platform of Yunnan Construction and Investment Holding Group Co., Ltd. and the Vientiane government. It fully takes charge of the development, operation and management of the SCDZ.


      Yunnan Construction and Investment Holding Group Co., Ltd.

      Yunnan Construction and Investment Holding Group Co., Ltd. (Hereinafter YCIHG for short) is the first-level parent company of Lao-China Joint Venture Investment Co., Ltd. YCIHG was regrouped and restructured by the former Yunnan Construction Engineering Group Co., Ltd, China MCC14 Group Co., Ltd. and Southwest Transportation Construction Group Co., Ltd. on April 21st, 2016, and is a provincial state-owned enterprise authorized by Yunnan Provincial People’s Government to perform state-owned capital operation, the main body of state-owned capital operation in the realms of Yunnan provincial construction and relevant industries, and bears the significant historic mission of serving the national and Yunnan provincial development strategies, advancing the sustained and healthy development of the construction enterprises in Yunnan, deepening the transformation and upgrading of the construction industry in Yunnan and promoting the leap-forward development of Yunnan. The restructuring and regrouping of YCIHG is not only the Yunnan provincial party committee, the provincial government and the provincial SASAC’s significant strategic arrangement of the thorough implementation of the comprehensively deepening reforms demanded by the CPC Central Committee and State Council, but also a key measure for Yunnan to further optimize the layout of state-owned enterprises, promote the structural reform of the supply side, build the important investment and financing platform of Yunnan, and cultivate future Fortune 500 enterprises.

      The regrouped YCIHG has the registered capital of RMB 26 billion, total assets of RMB 250 billion, net assets of RMB 65 billion, and is the largest contractor and investor in Yunnan province. It currently has more than 30,000 employees, more than 32,000 retirees, more than 20,000 professional and technical personnel of all sorts (including more than 2000 people with senior titles and more than 5,000 with mid-level titles), more than 1500 first-level project managers, more than 20,000 certificate holders, and 48 State Council and the provincial government special allowance experts. It has an excellent advantage in terms of talents resources. The Group also has more than 90 wholly-owned subsidiaries, holding companies and direct subsidiary enterprises and public institutions, and more than 240 construction qualifications of all kinds. It is also the only enterprise in Yunnan Province that has 4 national housing construction general contracting special (first) grade qualifications, the airport runway construction special qualification, and the smelting engineering construction and foreign aid complete engineering A-level qualifications.

      Operating throughout China, as well as South Asia, Southeast Asia, Middle East and Africa, the group covers a wide range of businesses: infrastructure investment and construction, urban construction investment and development, real estate development, tourism and health industries’ investment and development, and international engineering investment and construction. It also covers the whole construction business range: surveying, designing, scientific researching, consulting and vocational education. 

      By the end of the 13th Five-Year Plan, YCIHG will strive to achieve the goal of RMB-400-billion investment, total assets of over RMB 400 billion, net assets of over RMB 100 billion, business revenues of over RMB 150 billion, profit and tax of over RMB 10 billion, and the transition from Fortune China 500 to Fortune World 500 by 2020.

      Up to now, YCIHG has gained 32 Luban Prizes for China Construction Projects, 58 national awards, over 450 provincial or ministerial quality engineering awards, 25 national construction methods, 13 invention patents, 221 utility model patents, and has 9 chiefly edited national industrial standards, one current national enterprise technical center, 2 academician workstations, one postdoctoral research workstation and over 590 national and provincial science & technology progress awards and achievement. The Group has been selected consecutively 26 times for the top 500 Chinese enterprises, ranking 183rd in 2017, and 7 times consecutively for the ENR250 (the American Engineering News Ranking magazine). It also ranks the 14th among the top 80 Chinese contractors, and 83rd in the Chinese top 100 transnational enterprises and transnational index ranking.


      Yunnan Provincial Overseas Investment Co., Ltd.

      Yunnan Provincial Overseas Investment Co., Ltd. (hereinafter YPOI for short) is the second-level parent company of Lao-China Joint Venture Investment Co., Ltd. YPOI was founded in October, 2009, with the registered capital of RMB 1 billion. It is the wholly-owned subsidiary and the overseas investment platform of the YCIHG, and one key force in advancing the construction of Yunnan’s “Belt and Road” Initiative and the execution of  “Go Global” strategy.

      Aiming at YCIHG’s strategic goal of becoming a Fortune 500 enterprise by 2020, YPOI proactively integrated domestic and overseas competitively resources, and developed the investing and capital operations in overseas investment market. YPOI now has businesses in countries and regions including Laos, Myanmar, Cambodia, Sri Lanka and Hong Kong.
      YPOI has 6 wholly-owned or holding subsidiaries, including Lao-China Joint Venture Investment Co., Ltd. (Laos), Hong Kong Yuntong International Investment Co., Ltd. (Chinese Hong Kong), Nongchan Lake Comprehensive Development Co., Ltd. (Laos), Lao-China Dongyan Petrochemical Co., Ltd. (Laos), Mandalay Urban Development Co., Ltd. (Myanmar) and Ruili Cross-border Economic Cooperation Zone Investment&  Development Co., Ltd. (Yunnan, China), has participated the equities of Angkor International Airport Investment (Cambodia) Co., Ltd. and YCIH Concrete Group Co., Ltd. (Yunnan, China), and has set up offices in Myanmar, Laos, Cambodia and Sri Lanka.


      Lao-China Joint Venture Investment Co., Ltd.

      Lao-China Joint Venture Investment Co., Ltd. is a joint venture between Yunnan Provincial Overseas Investment Co., Ltd, the overseas investment platform of Yunnan Construction and Investment Holding Group Co., Ltd, and the Vientiane government, with a gross capital stock of 128 million US dollars. The company is fully responsible for the development, operation and management of the SCDZ.


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