China Unicom (NYSE: CHU; 0762.HK; 600050.SH) chairman Chang Xiaobing said that Unicom would earmark a considerable sum of money to build a regional international communications services gateway in Nanning, the capital of the Guangxi Zhuang Autonomous Region, to provide voice, data, and internet communications services to China and ten other ASEAN countries. The new gateway will change the current situation, under which traffic for these services passes through Beijing or Guangzhou. It will be China Unicom's fourth international communications gateway after its existing gateways in Beijing, Shanghai, and Guangzhou.
In his remarks, Chang said that over the next two to three years, China Unicom plans to invest RMB 500 mln in the China Unicom Nanning Regional International Communications Services Gateway, along with more than RMB 3 bln in investment for construction on other facilities.
China's Ministry of Industry and Information Technology (MIIT) gave formal approval for China Unicom to build the new gateway in Nanning on December 15 of last year.