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PROFILE
China Infrastructure Investment Corporation, incorporated in Nevada, USA and headquartered in Henan Province, China, focuses on investing in, constructing, operating and managing infrastructure development projects in China. The Company currently operates the Pinglin Expressway, a 106-kilometer (66 miles) dual carriageway four-lane toll road in the central province of Henan. The Expressway is an important passage from the northwest region to the southeast coastal region of China. The Company is actively pursuing additional development opportunities in infrastructure projects, including expressways, electricity, water supply and bio fuel facilities.
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China Infrastructure Investment Corporation believes that Henan, a key transportation destination and crossroad, and the most populated province in China, will see growing auto travel and transportation of goods as China continues to prosper. Awareness of the Expressway and the convenience it offers to users will continue to grow.
CIIC plans to invest in the construction and purchase of additional expressways, thermoelectricity, water supply, sewage treatment facilities and other infrastructure assets in the next few years. In doing so, it intends to seize this historic opportunity of rapid development of infrastructure in China and Henan.
Citing an article on toll road construction in Henan published in the June 26, 2009 issue of China Highway, China Infrastructure Investment Corporation said that the article provides further confirmation that toll roads clearly have accelerated economic development in Henan Province largely by greatly reducing travel time from Henan to neighboring provincial capitals.
China Infrastructure, which operates the important Pingling Expressway in Central Henan, said the article notes this growth is reflected in such statistics as the 10% growth in Henan's transportation sector, the 42 joint ventures established in Henan by Fortune 500 companies, and the rapid growth in Henan's GDP which now is fifth overall in China.
Mr. Li Xipeng, Chairman and CEO of the Company, shares the belief that there is a direct correlation between these statistics and the toll road construction programs in Henan which have led China for three consecutive years, as measured by the increasing total length of these roads each year, going from a total of 3223km in 2006 to an estimated 5010km in 2010.
CIIC believes that Henan's economic successes will point the way to continuing development of toll roads throughout the country, which bodes well for the future of the Company.
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