SHANGHAI, Oct. 8 (SMM) – City government of Jiyuan, where Henan Yuguang Gold & Lead Co. is based, signed a cooperation framework agreement with Indonesian conglomerate Lippo Group to develop an industrial park in the southeast Asian country.
The agreement was signed in Jiyuan on September 27 during a visit by Indonesia’s Industry Minister MS Hidayat and Lippo Group’s board chairman Mochtar Riady, Henan provincial government said on its official website.
According to the agreement, Yuguang Gold & Lead will jointly develop the Industrial Park Cirebon in West Java with Lippo Group.
Yuguang Gold & Lead and Lippo Group have worked together to construct a zinc production plant at Yuguang since 2011, according to the report.
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