Ekovest collaborates with Cico to undertake infrastructure projects

KUALA LUMPUR: Ekokvest Bhd has entered into a strategic collaboration with Universal Cosmos Co Ltd, a unit of Zhejiang Communications Investment Group Co Ltd (Cico).

In a statement, Ekovest said the partnership with the Chinese infrastructure group will include the participation of infrastructure concession assets, large-scale infrastructure projects, food security and trading initiatives, retailing ventures, and Transit-Oriented Development (TOD) projects.

"Our collaboration with Cico opens a new chapter in our journey towards infrastructural innovation.

"Cico’s global reputation and vast experience in transport infrastructure, spanning thousands of kilometres of expressways and railways, make them an invaluable partner in our quest to diversify our project portfolio and enhance Malaysia’s infrastructural capabilities,” said a spokesperson for Ekovest.

According to the statement, the agreement will focus on joint exploration and development of new projects across various sectors.