Carson City, NV, Sept. 06, 2022 (GLOBE NEWSWIRE) -- ZICIX Corporation’s (OTC Pink: ZICX) President Mr. Fernando Sopot in its report to ZICIX stockholders, that its operating company CTIP First Investment, Inc. (CTIP-FII) is making a headway in securing contracts to undertake various government and private projects, in partnership with qualified and experienced groups as part of the Consortium, such as AIC Progetti, SpA of Rome, a state-owned China Railway 14th Bureau Group Co., Ltd., and LA Global Construction Management Group, Inc., among others.

The projects so far in the pipelines as of August 31, 2022, are: 

Item No.Project Description                             Location  Budgetary Cost Estimates 
1Rivercess County Community HospitalLiberia - Contracts signed$90 million
2Public Road Project  
 The two public road projects are as follows:  
 1.  Buchanan, Grand Bassa County to Centos City, Rivercess County – 88.5 Kms.Liberia 
 2.  (i) Cestos City Junction (Rivercess  County  to  Greenville City – 150 Kms.Project Owner: Ministry of Public Works$300 million
 (ii) Greenville through Jedepo to Combat Gate River Gee County and by way of Punes Town to Grand   Gedeh   County – to be determined (TBD)  
3SIB Bank Head Office Building ProjectLiberia $7.5 million
4P2A Hospital Project  
 a) 300 Beds HospitalSenegal Project Owner: P2A 
 b) 250 rooms Hotel and Dormitory ProjectContracts signed$160 million
 c) 10 MW Solar Energy Project  
5Public Road Project  
 204-kilometer roadsProject Owner: Ministry of Public Works of $225 million
  of Tanzania Negotiations ongoing 
6Ghana Life Insurance Head Office Building ProjectGhana Project Owner: Ghana Life Insurance Co. $12 million
   Negotiations ongoing  
7Housing Projects for the US Embassy StaffNegotiations ongoing$60 million
8LA Global Estate Development and Construction Corp.Manila, Philippines Project Owner: LA Global 
  Negotiations ongoingFor Acquisition
 TOTAL Budgetary Cost Estimates $854.50 million

The Project selections are growing as the demand to  build government  infrastructure  projects  especially in the developing countries are high under what is called Public-Private-Partnership (PPP)  Mode. There are several private projects are also being worked out, but CTIP-FII is continuing its conduct of due diligence as it moves along.

ZICIX+CTIP-FII role is that of a Project Developer and Financial Engineers. They worked together with some Export Credit Agencies (ECAs) and other Multilateral Financing Institutions (MFIs). They lead an oversight committee to undertake the financing  and development of the Projects.

Mr. Sopot said more development news will be forthcoming in the immediate future, as the project developed. It is envisioned that the actual development of some of these Projects will start very soon.

About the Corporations:

ZICX Corporation (OTC Pink: ZICX) Originally founded as a service provider to the Healthcare industry, the ZICX Corporation has recently been restructured with the intention of acquiring and developing technology applications designed for service companies in consumer, retail and other industries. https://zicixgroup.com/

CTIP First Investment, Inc. (CTIP-FII) is a private investment and project development company, involved in undertaking development projects for both the Government and the Private Sectors respectively. CTIP-FII designs and brings the right financial engineering to project owners and creditors to fund development undertakings and permanent mortgage. www.ctip-fii.com

Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

For additional information, follow us on Twitter @ZICIXCorp or call 830.331.0031 and visit http://www.ctip-fii.com and https://zicixgroup.com/