Hitachi, Chinese University to Jointly Develop E-government Business

Home>>Business

Last updated at: (Beijing Time) Tuesday, September 02, 2003

Hitachi, Chinese University to Jointly Develop E-government Business

Japan's Hitachi Ltd. said Tuesday it will set up a joint venture with Beijing University of Technology to push ahead with joint business efforts for China's e-government projects.

DISCUSSION

CHINESE

SEND TO FRIEND

Japan's Hitachi Ltd. said Tuesday it will set up a joint venture with Beijing University of Technology to push ahead with joint business efforts for China's e-government projects.

The joint venture, Hitachi Beijing Tech Information Systems Co.,is due to be established in October with an initial capital of 100million yen (854,700 US dollars) and a workforce of 30, Hitachi said.

Hitachi will own a 50 percent equity stake in the new company, with 10 percent held by Hitachi (China) Investment Ltd. and 40 percent by a business arm of Beijing University of Technology, it said.

The joint venture will develop and provide technologies and products tailored for China's e-government projects and create relevant systems based on the expertise Hitachi has built up in the market for Japan's e-government business.

The move comes two years after Hitachi and Beijing University of Technology formed an alliance, under which they opened an e-government showroom at the university.

Questions?Comments? Click here

Hitachi Invests in Shanghai's Logistics Sector

Beijing Six-party Talks Reach Six-Point Consensus ( 6 Messages)

Why Can't Blair Escape the 'Intelligence Gate' Case? ( 2 Messages)

Dalai Lama's US Visit will Hurt Sino-US Relations ( 9 Messages)

DPRK Accuses US of Insincerity at Six-party Talks ( 10 Messages)

Commentary Urges No Interference with Chinese Yuan ( 3 Messages)