ã€Global Network Technology Comprehensive Report】 On the afternoon of May 14, 2017, Bulgaria Development Holdings Co., Ltd. and ZTE Corporation held a signing ceremony during the “Belt and Road†International Cooperation Summit Forum to jointly build a subsidiary ZTE Networks in Sofia, Bulgaria. The “Saint Sophia Project†has a total investment of 1.5 billion euros.
The "Saint Sophia Project" is located 16 kilometers east of the Bulgarian capital Sofia. It is the first stop along the "One Belt and One Road" route into Europe and the golden connection point for the economic and trade exchanges between Europe and Asia. Hong Zuhang, vice president of Pfa Holdings, said that the project is expected to start at the end of 2017 and is expected to be completed within three years. The project covers an area of ​​1.56 million square meters, and it is a combination of international-level business districts, large-scale star hotels, world-class convention and exhibition centers, huge indoor water parks, multi-purpose indoor stadiums, flagship shopping malls, high-end residential villas and apartments.
Mr. Ivan Antonov, General Manager of Pfa Holding, and Mr. Xiao Ming, Senior Vice President of ZTE Corporation, signed the “Cooperation of Smart Cities in Saint Sophia, Bulgaria†agreement.
Bulgaria, a country in the southeast of the Balkan Peninsula in Southeast Europe, is a bridge connecting the Eurasian continent and is also the gateway to the European market. As the “Belt and Road†initiative is linking China closer to the world, Bulgaria, which has a traditional friendly cooperative relationship with China, has an important geographic advantage in promoting the construction of the “One Belt and One Road.†Hong Zhuhang, vice president of Pfa Holding, stated that "As early as two years ago, we had the same vision and goals as ZTE. We hope to jointly create a technology-driven and intelligence-driven high-end office, innovation and entrepreneurship, logistics distribution, and tourism and vacation. As a smart new city integrating culture and entertainment, the “Hagia Sophia Project†will become the first comprehensive tourism and entertainment project to be created in Europe based on the concept of a smart city, with the excellent geographical location of Sofia and the “One Belt, One Road†initiative. The project will attract more tourists from Europe and around the world to drive the Sofia tourism economy."
The Summit Forum is a forum activity for the “One Belt, One Road†proposal for the highest specification in more than three years. It is an important home field diplomatic activity for China this year and is of great significance for promoting international and regional cooperation. Twenty-nine heads of state and government leaders also attended the conference and more than 1,200 participants attended the conference. This time, the cooperation between PF and ZTE Networks has been one of the major achievements of the “Belt and Road Initiative†in recent years and the joint promotion of China and the “16+1†cooperation platform of Central and Eastern European countries.
Signed high-level photo
Based on perfect matching, together with ZTE's complete solutions and rich experience in the management of smart cities and smart industries, the Hagia Sophia project will become the premier multi-stop one-stop commercial and entertainment city complex in Bulgaria and even Europe. Xiao Ming, senior vice president of ZTE Corporation, said: “We will use the latest technologies in cloud computing, the Internet of Things, and 5G communications to provide convenient services for people who come to Sofia to work, live, travel, shop, and care for the elderly and build the Hagia Sophia project. Become a European model point."