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Promotion for cooperation between construction industry and real estate enterprises held

On the morning of July 15th, Ningbo held a promotion conference on supply and demand cooperation between the construction industry and real estate companies, which promoted the strengthening of interoperability between enterprises, created a comprehensive cooperation platform in the field of real estate construction, and promoted the sustainable, stable and healthy development of the city's construction market.

The promotion meeting notified the credit evaluation of the city's housing construction projects in the first half of the year. Real estate companies such as Greentown and Vanke signed on-site contracts with construction companies such as Ningbo Construction Group, Zhejiang Xinzhongyuan and Zhejiang Xinjie, agreeing to carry out all-round cooperation in construction, manpower, capital, technology and other aspects to create high-quality housing construction products.

At the meeting, the Municipal Construction Association, Ningbo Quanjing Innovation Club, the Municipal Real Estate Association, the Municipal Supervision and Bidding Association, and the Municipal Construction Engineering Inspection Association signed a cooperation agreement to give full play to the advantages of the five association platforms and break through the industry boundaries to  create a benign development ecosystem for cooperation between supply and demand in the construction and real estate sectors.

At present, there are 2,370 construction enterprises in the city, including 16 special-level construction general contracting enterprises and 289 first-level construction general contracting and professional contracting enterprises. In 2019, the total output value of the city's construction industry reached 296.2 billion yuan, accounting for about 5% of the city's GDP

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