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Guo Wenqing Meets Indonesian MNC Group CEO Hary Tanoesoedibjo

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On October 13th, China Minmetals Group General Manager and MCC Group President & Party Committee Secretary Guo Wenqing met Indonesian MNC Group CEO Hary Tanoesoedibjo and his delegation. Both parties held talks in a cordial and friendly atmosphere, and exchanged in-depth views on accelerating the construction of the Indonesian Theme Park Project and further enhancing cooperation in the fields of real estate, finance, mineral products and others.

Guo Wenqing extended a warm welcome to Hary Tanoesoedibjo and his delegation and briefly presented MCC Group’s basic information, pointing out that MCC Group is the world's largest metallurgy construction contractor and metallurgy enterprise operation servicer. It has undertaken 90% of the design and construction of large steel enterprises in China, accounting for over 60% of the global metallurgy market. MCC Group is an important force with 53,000 engineering technicians in China’s capital construction field, undertaking many large-scale sports venues, urban complexes and other iconic buildings, and embarking on the road of high-tech construction with a group of reconnaissance, design and architecture masters. It is also the only enterprise to hold the theme park design and construction qualification in China, and has successfully finished many domestic and overseas theme park projects including Shanghai Disney, Zhuhai Chimelong Ocean Kingdom, Singapore Sentosa Universal Studios and so on. With rich experience, it is undertaking the design and total package of Beijing Universal Studios, Nanjing Eastern Dragon Nest, Huai'an Journey to the West theme park and more. In addition, it is the first Chinese enterprise to 'go out', having completed many nickel smelting, road and bridge projects in Indonesia, and it has a subsidiary enterprise working on steel factory design and construction in Indonesia. The MNC Group’s Theme Park Project in Indonesia has a good location, beautiful eco-environment, strong market competitiveness and enormous development potential. MCC Group attaches great importance to this project, and it will make better use of its advantages to strive to build a world-class theme park for the MNC Group. It is hoped that both parties will take this cooperation on the theme park as an opportunity, strengthen their communication and exchange, and bring MCC Group’s advantages in design and construction, as well as the MNC Group’s advantages in media, operation, etc., into full play, thereby forming a fixed model for bilateral global theme park market development.

Guo Wenqing added that according to the requirements of the Central Government for strong, excellent and large state-owned enterprises, MCC Group and China Minmetals have successfully finished their strategic recombination. The new China Minmetals Group is now the largest enterprise in the global mining field, and also one of three central enterprises with full financial licenses, able to undertake banking, bonds, trusts, insurance, finance leases and other businesses. It is also one of the estate-based central enterprises determined by the State-Owned Assets Supervision and Administration Commission, and its own real estate enterprises Minmetals Land and MCC Real Estate have a high brand awareness in the industry. Indonesia has rich mineral resources and the MNC Group has strong influence in the country by virtue of its great strength. We welcome MNC to enter the theme park and real estate markets of China, and we will take advantage of the geography to enable us to become MNC’s strategic partner in the Chinese market. We sincerely hope to expand our in-depth cooperation with the MNC Group in real estate, mineral resources and other fields, jointly exploring the Chinese, Southeast Asian and even global markets.

Hary Tanoesoedibjo thanked President Guo Wenqing for his cordial reception and briefly presented the current conditions of Indonesia and the basic information of the MNC Group, pointing out that the MNC Group has 35,000 workers deployed in the four major core businesses of investment, media, financial services and real estate, and it possesses the coal mining rights to the largest proved reserves in Indonesian. With 4 national television stations, it is also the biggest media company in Southeast Asia, and the only one with a satellite in Indonesia, able to generate 20,000 hours of original video content per year and an abundance of intellectual property. Like Disney, Universal Studios and other companies, MNC is preparing for theme park construction in order to put its abundant media contents into the project.

Hary Tanoesoedibjo added that MNC’s theme park in Indonesia is only 58 km from the capital Jakarta and 40 km from the Indian Ocean on high-speed nonstop transport from Jakarta, giving it a superior geographic position and convenient transportation. It also has a pleasant climate, with an average elevation of 600-700m and a constant temperature of 20-22℃ throughout the year. At present, it is the only theme park in Indonesia with hotels, resorts and golf courses. We will quicken cooperation with MCC Group for an early start, and we hope that both parties will strengthen their cooperation in metallurgical minerals, electric power construction and real estate development.

The meeting was attended by MNC Chairman Liliana Tanoesoedibjo, MNC Real Estate Company Director Michael Damajiaya, MNC Real Estate Company Director Welanca Tanoesoedibjo, MNC Special Administrative Assistant Dony Fudiensiya Dasidio, Theme Park Project COO Wang Renqiu, MCC Vice President Zhang Mengxing, MCC Assistant President and MCC Real Estate Group Chairman Liu Fuming, CRIBC Chairman Yue Qingrui, CRIBC General Manager Zhu Jianguo, MCC Treasury Department Minister Li Yuzhuo and Overseas Engineering Management Department Minister Xu Yongjie.

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