Source: CNBM Engineering

Date: May 4, 2016

Recently, CNBM Engineering and Islamic Corporation for the Development of the Private Sector (ICD) announced global strategic cooperation to meet the urgent needs for housings, schools, hospitals, and sports facilities in Islamic countries and regions across the globe. By combining respective strength in finance, market, prefabricated construction technology and experience, CNBM Engineering and ICD will launch package solution to quickly win the market.

ICD, established in 1999 with a registered capital of 4 billion dollars, is part of Islamic Development Bank (IDB) and specializes in project financing and implementation, with 52 Islamic country members worldwide. As finance must build on entity and projects and its members have pressing needs for infrastructure, ICD prioritizes this industry in this global promotion and hopes to pair the rapid, low-cost technology and project undertaking of prefabricated buildings with strong financing to win the attention and focus of governments and thus projects.

The April meeting delivered the following consensuses. On the IDB Annual Meeting to be held in April (with Treasury secretaries and key government officials of 52 members attending), ICD and CNBM Engineering will highlight the economic, rapid, green, environmentally friendly and one-stop financing features of their products. China New Building Materials Design & Research Institute (Hangzhou) joined in the meeting. Later, ICD delegation visited BNBM House's sample rooms and plants in Miyun and gave rave comments.

After the IDM Annual Meeting in May, ICD and CNBM Engineering will further their cooperation and deliver actual solutions and cooperation models, thus promoting the strategic partnership!