Ekovest forms tie-up with China’s CICO

PETALING JAYA: Ekovest Bhd has entered into a strategic collaboration with China’s Zhejiang Communications Investment Group Co Ltd’s (CICO) wholly owned subsidiary, Universal Cosmos Co Ltd, for the enhancement of Malaysia’s infrastructure and economic development.

The companies are targeting opportunities in infrastructure concession assets, large-scale infrastructure projects, food security and trading initiatives, retailing ventures as well as transit-oriented development projects, Ekovest said in filing with Bursa Malaysia.