News

April 17, 2025

Waigaoqiao Group, Tunnel Engineering forge strategic partnership

Waigaoqiao Group and Shanghai Tunnel Engineering Co Ltd signed a strategic cooperation agreement on April 15 to establish a comprehensive partnership, focusing on future urban development and industrial upgrading.

Tunnel Engineering Chairman Ge Yiheng expressed hopes that both parties will leverage their respective resource advantages to collaborate sincerely and deepen exchanges across multiple fields, enabling more innovative achievements to take root in Waigaoqiao.

Waigaoqiao Group Chairman Yu Yong stated that Tunnel Engineering will become a major shareholder of the group, serving not only as a strategic partner but also as a long-term strategic investor. He looks forward to deepening practical cooperation in key projects such as the pilot zone of the Eastern Hub International Business Cooperation Area and the "Gateway to Shanghai" Sanchagang Wedge Green Space, combining professional strengths to better support the implementation of national strategic initiatives.