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Memorandum of Understanding (MOU) Signed Between Baican Kaifu Intl. Trade Logistic & M&M China

After amicable negotiation between B&C Holding Co., Ltd and its subsidiary Baican Kaifu International Trade Logistic and M&M China both parties reached a MOU with following scope:

1. Project Name: 2022 Doha World Cup Comprehensive Stadium No. 4

Project investment: USD 2.2 billion.

Construction duration: year 2017-2020.

Status: MOA signed


2. Project Name: Door of Qatar (affiliate project of 2022 Doha World Cup project)

Project investment: USD 2.7 billion

Construction duration: 2017-2020

Status: MOU signed

3. Project Name: Safari Zoo reconstruction (affiliate project of 2022 Doha World Cup project)

Project investment: USD 2.3 billion.

Construction duration: 2017-2020

Status: MOU signed


4. Project Name: Reconstruction of Doha port (affiliate project of 2022 Doha World Cup project)

Project investment: USD 2 billion

Construction duration: 2017-2020

Status: MOU signed

 

Description of Baican Kaifu International Trade Logistics Co., Ltd.
Baican Kaifu International Trade Logistic Co., Ltd (refer as BK) is the subsidiary of Baican (B&C) Holding Co. Ltd. BK has been appointed by B&C Holding Co. Ltd. to supervise, manage and execute international business trading, overseas warehousing arrangements and logistics management for all four construction projects under the 2022 Qatar World Cup and its affiliate projects.

Description of M&M Int’l China
M&M China began its operations in the early 1980s in Beijing. The company has since then expanded to seven branches in China. It aims to be the leading niche provider for offering integrated transport & logistics solutions along the New Silk Road capitalizing on China’s OBOR initiative.

MOU between Baican Kaifu Intl Trade Logistics with M&M China
Baican Kaifu International Trade Logistics Co., Ltd. (BK) and M&M China agreed to sign an MOU for logistics services according to construction projects under World Cup 2022 in Qatar. M&M China shall provide door to door logistics services to BK with handling on domestic factory pick-up, road transportation, barge transportation, subline transportation, railway transportation, warehousing arrangement, customs and inspection, international transportation by sea and air, purchasing insurance for the whole journey until cargo successfully delivered to Doha jobsite.

The MOU between Baican Kaifu and M&M China was signed on July 9th, 2017 at B&C Holding Company offices in Beijing, People’s Republic of China.

For further information please contact:

Michael Chen, Projects Manager, M&M China
Email: michael.chen@mumnet.com