The State's special delegate in the Zona Franca de Vigo, David Regades, leads a trade mission in China to strengthen alliances with CITIC Group and attract technological investments, consolidating Vigo as a strategic partner for the expansion of Asian companies in Europa.
Strengthening the alliance with CITIC Group
The institutional agenda focuses on the province of Zheijiangwhere the delegation will hold high-level meetings with the provincial government and the top management of CITIC GroupThis conglomerate, one of the holdings One of the most powerful globally, operating in more than 40 sectors, it already has a consolidated presence in A Granxa-O Porriño through its subsidiary Citic Censa.
The president of the Chinese corporation, Xi Guohua, who had previously visited the Consortium's facilities in Vigo, has expressed a strong interest in the business parks of CZFV as a basis for its European expansion plans. According to the group's management, the Zona Franca de Vigo embodies the attractive investment policy and a prime location for global trade.
"CITIC is a strategic partner that already operates in our parks, and our goal is to continue strengthening this relationship."Said David RegadesThe delegate emphasized the investment capacity and the commitment to sustainable parks equipped with new technologies. make the Consortium the "ideal partner" to attract large industrial projects under public-private partnership models.
Expansion in high value-added sectors
In addition to the contacts in ZhejiangThe Vigo delegation will travel to key cities such as Hangzhou, Ninjbo y JinhuaIn these locations, the focus is on innovative companies with internationalization plans. The priority sectors defined by the Zona Franca de Vigo include the automotive, the Energy Efficiency and technology.
In the province of Hunan, David Regades will meet with the presidency of CCPIT (China Council for the Promotion of International Trade), as well as with representatives of Departamento de Comercio and various local chambers of commerce. Within this framework, a working session will be held with ten Chinese companies selected for their potential interest in the European market.
| Company / Organization | Specialization | Meeting Objective |
|---|---|---|
| CITIC Group | Multi-sector holding company | Strengthen the strategic relationship and expansion plans in Europe. |
| Sany Heavy Industry | Heavy machinery and engineering | Explore avenues for industrial collaboration and production. |
| Lens Technology | Precision electronic components | Identify opportunities in global value chains. |
| Broad Group | Energy efficiency and modular construction | Attracting sustainability and innovation projects. |
Leadership in innovation and sustainability
The mission seeks to position Vigo y Galicia as an ecosystem capable of generating quality employment by attracting advanced industry. David Regades He emphasized the importance of these meetings for "to reach new agreements and collaborate on strategic projects" that strengthen the competitiveness of the local production fabric in sectors of High value added.
Among the scheduled visits are world leaders such as Sany Heavy Industry, a leader in heavy machinery; Lens Technology, a key player in consumer electronics; and Broad Group, a leader in modular solutions. The ultimate goal is to identify specific opportunities for the implementation of these corporations in the industrial parks managed by the Consorcio de la Zona Franca de Vigo.
Key points and frequently asked questions about the mission in China
What is the role of CITIC Group in the economy of Vigo?
CITIC Group is a key strategic ally already operating in the area of Vigo through Citic Censa, located in the park of A Granxa-O PorriñoThe mission's objective is to expand this relationship so that holding use the infrastructure of the Zona Franca in its expansion into the European market.
What types of Chinese companies is the delegation contacting?
innovation, advanced industry y Energy Efficiency , Such as Sany Heavy Industry, Lens Technology y Broad Group, interested in sectors such as automotive and precision electronics.
What advantages does the Vigo Free Trade Zone offer to these investors?
The institution stands out for its ability to Your Strategic , its public-private partnership model, its privileged logistical location and the availability of sustainable business parks equipped with the latest technologies.
Any questions about this news?
Talk to Coexia, the AI of the foreign trade
