NEW PARTNERSHIP: WTCA Holdings Ltd/CWTC PHM
XIAMEN, CHINA - WTCA Holdings Limited, a wholly-owned subsidiary of the World Trade Centers Association (WTCA), and China World Property & Hotel Management Co., Ltd. (PHM), a wholly-owned subsidiary of China World Trade Center (CWTC) today announced the establishment of their strategic partnership at the China International Fair for Investment and Trade (CIFIT). With the partnership, PHM is positioned to provide a wide-range of facility services to existing and new World Trade Center facilities, in which many of them are landmark buildings and major commercial complexes across China.
WTCA Holdings was established to provide value-added services to enhance the quality of facilities, services and operations of WTCA members. Headquartered in New York City, the World Trade Centers Association (WTCA) was established in 1970 to enable international trade and promote business cooperation by bringing together exporters, importers, service providers, and government agencies across different countries.
WTCA Holdings CEO, Scott Wang, said, “As one of the leading WTC operations in our global network, China World Trade Center has achieved a great deal of excellence in facilities development and related services. The new partnership will allow us to leverage the demonstrated success and best practices of CWTC to benefit our fast-growing WTC network in the China region. Combined with the branded WTC international trade development services, WTC network members will provide high-quality integrated facility and trade services to the hosting cities and business communities.”
CWTC, founded in February 1985, is jointly owned by China Shi Mao Investment Co., Ltd. and Kerry Industrial Co., Ltd., a subsidiary of the Kuok Group. Consisting of offices, a shopping mall, hotels, service apartments, conference and exhibition facilities and located in the heart of the Central Business District, CWTC is the first choice for many multinational companies based in Beijing and one of the largest up-market commercial mixed-use developments in the world. Since its opening on August 30, 1990, CWTC has attracted an impressive number of prestigious multinational corporations and global high-end retail stores. Countless domestic and international conferences and events have been held there. CWTC has hosted numerous heads of state, government officials, business magnates and celebrities, generating massive economic and social benefits.
PHM General Manager Wei Kai commented, “China World Trade Center has been a proud member of the WTCA family with top-notch facilities in China for many years. We are very excited about this new opportunity, and look forward to extending our service capacity to assist WTC projects in areas such as project feasibility studies, positioning, planning and design, project management, leasing management and professional training.”
About WTCA Holdings Limited and World Trade Centers Association (WTCA):
WTCA Holdings is a wholly-owned subsidiary of World Trade Centers Association (WTCA). It was established to provide value-added services to enhance the quality of facilities, services and operations of World Trade Center network members. Headquartered in New York City, the WTCA is the only organization with exclusive rights to license ‘World Trade Center’ and its ‘WTC’ brands to real estate developers, businesses and communities worldwide. Dedicated to promoting global trade and investment, WTCA consists of more than 300 licensed WTC network members in nearly 100 countries.
Members of the WTCA receive numerous benefits through their membership, including: the right to use the WORLD TRADE CENTER, WTC and Map Design trademarks; reciprocal access to WORLD TRADE CENTER facilities in other cities; information, training and certification programs and conferences designed to improve the operation of WORLD TRADE CENTER facilities; traditional and electronic platforms that promote global trade; and access to businesses and trade partners around the globe. For more information, visit www.wtca.org.
About China World Property & Hotel Management Co., Ltd. and China World Trade Center:
PHM was established to transplant CWTC’s experience and expertise in property and hotel management. PHM holds the accreditation from Chinese state authorities to provide services for the property and hotel management business. Over the years, PHM has cooperated with a total of more than 300 property owners across China, providing consultancy, panning and management services. CWTC’s major business components are lease of office, retail and apartment, and operation of three internationally brand hotels. With completion of Phase 3B, the entire CWTC complex occupies 17 hectares of land and a total floor area of 1,100,000 square meters: a world-class, 21st century international business service center. For more information, visit www.cwtc.com.
For further information, please contact:
WTCA Holdings Limited:
Scott Wang
CEO
+1-212-432-2706
swang@wtca.org
China World Property & Hotel Management Co., Ltd.:
Wei Kai
General Manager
+86-(0)10 6535-8283
weikai@phm.com.cn