Enterprises of Yunnan achieved fast business growth in contract projects in 10 countries related to China’s B&R initiative, with 14 new overseas projects contracts signed in a total value of 638 million USD in the first three quarters of the year. Principal business scope covers survey and design of power plants and technical service, infrastructure and housing construction.

Asia and Africa remain the principal markets for Yunnan’s overseas economic business. From January to September, Yunnan’s contracted projects, scattered in 27 countries, fulfilled 470 million USD of turnover in 10 ASEAN countries and 880 million USD in Africa. Housing construction, transportation and water conservancy construction are the main fields of Yunnan’s contracted projects overseas, which make up 97.6% of the total value of the newly signed contracts.

an analysis shows a continuous increase in technicality in the type transition of Yunnan’s current contracted projects, as the value amount of contracted projects with higher technical contents such as wind-mill power plants and water supply projects continues to grow.