IMIC’s Strategic Partner AIOG Signs Cooperation Agreement
with China Railway Group
International Mining and Infrastructure Corporation plc ("IMIC"
or "the Company") (AIM: IMIC) notes today’s announcement by
its strategic partner African Iron Ore Group Limited
(“AIOG”) regarding its cooperation agreement with China
Railway Group Limited (“CREC”) to provide
infrastructure solutions in Guinea and Africa.
AIOG’s announcement, Haresh Kanabar, Chairman of IMIC, said
“The partnering between AIOG and the world’s third
largest civil construction enterprise CREC is an important step in
the formation of an A-list consortium to provide the critically
needed infrastructure solutions to the emerging African iron ore
sector. The provision of appropriate structured financial support
to the infrastructure projects underlines their commitment to the