Gulf Development International and CIMC-MBS Limited Announce

Collaboration Agreement on Modular Construction Program

London, United Kingdom, February 14, 2018 --(PR.com)-- Gulf Development International (GDI) and
CIMC MBS Limited are pleased to announce a collaboration agreement to deliver commercial,
hospitality, and residential modular construction solutions to portions of the Middle East and Northern
Africa.

GDI will introduce CIMC-MBS to potential customers, intermediaries and others in relation to
implementation of CIMC-MBS' proprietary systems and products for projects in the region in the
capacity of a development manager, distributor, or investor. CIMC-MBS, the world's largest provider of
modular buildings and modular building systems, has developed an innovative process that can reduce
lead time and project costs. GDI brings proven experience and oversight to ensure on-time and on-budget
implementation of complex real estate development projects.

“Partnering with CIMC-MBS allows GDI to demonstrate a competitive advantage in a region of the
world that is poised for tremendous growth,” said George Creel, GROUP CEO and Executive Director
for GDI. “The cost reduction, improved quality and time to market improvements provide GDI with a
competitive advantage and benefits that will be passed along to our clients.”

The initial agreement is for a two year term.

About Gulf Development International, LTD. (GDI):

Gulf Development International Ltd (GDI) is a global leader in residential, commercial and industrial
development. The GDI team has delivered more than $50 billion USD worth of developments, including
some of the most iconic developments in the world. Recognizing the challenges of quality and efficiency
when developing projects in emerging markets, GDI partners with world class leaders in design,
construction, and operations to create an unparalleled development process to execute exceptional
projects.

For more information, please visit www.gulfdevelopmentinternational.com or send an email to

info@gulfdevintl.com

About CIMC-MBS Limited:

CIMC-MBS Limited is business division of CIMC Group, a publicly listed company on China's
Shenzhen Stock Exchange specializing in providing modern transportation and equipment services.
Founded in 2004, CIMC MBS has progressively built up a portfolio of Global clients ranging from
internationally recognized hotel operators to the world's largest resource companies. Building across a
number of sectors including Hotel and Hospitality, Student Accommodation, Apartment and workforce
accommodation, CIMC MBS is also capable to provide finance support to its clients.

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For more information, please visit www.cimc-mbs.com or send an email to mbs@cimc.com.

Gulf Development International Ltd, Devonshire House, One Mayfair Place London W1J 8AJ Registered
in England and Wales Company Number 10685736 Registered Office: 66 Lincoln's Inn Fields, London
WC2A 3LH

www.gulfdevelopmentinternational.com/news/2017/12/18/george-creel-appointed-group-ceo-and-executi
ve-director-of-gulf-development-international-2j683-5lj95

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Contact Information:
Global Development International
Michael Chihoski
+1 (309) 360-8997
Contact via Email
www.gulfdevelopmentinternational.com
President & CEO of Global Development

Online Version of Press Release:

You can read the online version of this press release at: https://www.pr.com/press-release/744771

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