On the occasion of the China International Import Expo and the visit of the French President Emmanuel Macron in China, Indigo announces the creation of a joint-venture with Sunsea Parking to support the development of mobility in Chinese smart cities. This alliance was formalized on September 16 in Nanning, China. A feat unprecedented on the international market.
“As part of its international expansion strategy, Indigo has been extremely interested in China for many years. With 180 cities with more than a million inhabitants, China is a huge and fascinating market, larger than any other country in the world, with enormous mobility and parking challenges. Every year, no less than 20 million Chinese people move to the cities. The urbanisation rate, which was 45% in 2010, is expected to reach 75% in 2050. A formidable challenge faces local authorities!
With the international expertise of our group and our presence on three continents, we knew that we could bring new solutions to China to take up these challenges, but we could not do it alone. It was crucial to make the right connection and find a suitable partner who would lend their local expertise and precise knowledge of the Chinese market.
We met many players and Sunsea – leader on the private parking market in China – emerged as the ideal partner, demonstrating a great ability for innovation and long-term vision on our businesses. Our ambitions soon converged.
This alliance will significantly boost the development of parking and mobility in China, meet the needs of local authorities and the challenges they face in preparing the city of tomorrow. »
Chairman of Indigo Group