ZPEC Becomes a Member of the China International Contractor Association

2009-08-08

Recently, ZPEC joined the China International Contractor Association, which is a "passport" for the company to independently contract for international projects.  It provides a convenient venue for ZPEC Drilling Company to participate in international tenders and participate in the overseas market. 

As a member of the Association, ZPEC will benefit from China's preferential policy guarantee on international contract projects and, furthermore, will have access to the Association's overall services including industry information, foreign investment, credit construction, consultation, exhibition, training, etc.  Growing bigger and stronger in domestic drilling engineering projects in recent years, ZPEC is intensifying its efforts to develop overseas drilling markets. ZPEC Drilling's commitment and preparation of personnel and with equipment has positioned the company for "going global". 

Undoubtedly, this membership in the China International Contractor Association will boost the company's ability to contract overseas drilling engineering projects.

Background:
Established in 1988 and subject to the Ministry of Commerce, China International Contractor Association is a national industry social organization with legal personality registered and found in P.R.C. voluntarily by enterprises engaging in foreign investment, international contract, labor service cooperation and other international economic and technical cooperation and by units engaging in connected activities.

Associated with professional corporations of several types and international economic and technical cooperation companies, it has about 800 members engaging in international engineering contracts, accounting for 90% of China's total income on international contracting.  The business scope of its members of enterprises covers over 180 countries and regions, and tens are listed into international top 225 contractors, and several key enterprises rank into world top 500.

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