Sichuan Tourism Development Group Co., Ltd. recently with Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, HSBC Bank, 14 banks signed a strategic cooperation agreement, a total of 14 banks intention to accept credit 51 billion yuan. Sichuan Provincial Committee and provincial party secretary Wang Shaoxiong SASAC, Vice Governor of Sichuan Li Chengyun attended the ceremony.
According to reports, Sichuan Travel Group Riverside Area has identified the stock of basic ideas and patterns of land development, and strive to use 3 to 5 years to Riverside Area project into a modern business travel, both the quality and the comprehensive feature rich cultural connotations City landmark buildings. The Group is also in Meishan, Yaan, Liangshan and other places have investigated a number of large reserves of potential tourism investment projects.
Sichuan Travel Group chairman and party secretary of Cao Lan Jian, said although the assets of the larger group, the formation of a high starting point, but it alone can not meet its development needs of large-scale capital investment to achieve sound and rapid development, we must draw on financial institutions power. The 14 banks with the establishment of strategic partnership will achieve mutual industry and finance, a strong impetus to the rapid development of the Group.
Under the agreement, 14 banks around the Sichuan Provincial Tourism Development Strategy objectives, using its own financial resources, give priority to Sichuan Travel Group provides a full range of financial services. Both Bank in tourism real estate development loans, commercial property mortgage loans, acquisition loans, carry out extensive cooperation. Source: China Tourism News
