On Friday, April 12, 2019, at the China +16 conference, we signed a Memorandum on Understanding and Cooperation on the Rijeka-Zagreb railway project with HŽ Infrastructure Limited Liability Company for Management, Maintenance and Building of Railway Infrastructure.
The Memorandum regulates the cooperation on the project of developing the railway section from the Port of Rijeka or new Port of Rijeka to Zagreb. The memorandum was signed by Mr. Ivan Kršić, President of the Management Board at HŽ Infrastructure Ltd., and Mr. Lu Shan, Chairman of China Road and Bridge Corporation. In order to coordinate and guarantee the active progress of the project, both sides have agreed that, in the course of the cooperation, more precisely three years from the Memorandum signing date, they will establish a joint working group that will convene for regular meetings.
As it was stated by HŽ Infrastructure, our company is the leading construction company in China and the world, capable of providing the whole railway industry with the services ranging from designing, building and putting infrastructure to work to financing such projects. By signing the memorandum we agreed to actively promote the cooperation in the area of railway projects based on the principle of mutual benefit and trust as well as friendly consulting. We have also reached the consensus on connecting the project with the European network of high-speed railways and the establishment of adequate quality cargo transport from the Port of Rijeka Port or new Port of Rijeka, which is planned for the near future.