A Chinese contractor is to build a major expressway link in Nigeria.
March 15, 2012
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A Chinese contractor is to build a major expressway link in Nigeria. The contract is for a 15km section of highway. The work will be handled by 890 China Railway Construction.
Bidding is underway for a major highway project in Egypt, with the tender process attracting considerable international interest. The contract is worth some US$1 billion and is for the construction of the 35km Rod el-Farag highway. Construction work on the project is scheduled to commence in late 2011 and the highway will be built under the PPP model.
Guangxi Liugong Machinery (LiuGong) has bought a controlling interest in Chinese piling machine specialist Shanghai Jintai Engineering Machinery (Jintai). The US$85.24 million deal has seen LiuGong buying 51% of Jintai from its parent, by Guangxi Liugong Group. LiuGong Group, parent company of LiuGong, has owned a 51% share of Shanghai Jintai Engineering Machinery since the second quarter of 2011. At that time LiuGong Group signed a strategic cooperation agreement with Shanghai Mechanical and Electrical
The contract for a stretch of elevated expressway has been awarded in the Philippines. DM Consunji is the contractor that will carry out the construction work to build the NLEX-SLEX Connector Road Project Section 1. The firm will build 5km of the 8km route, with the contract worth US$429.7 million. The package of works was awarded by NLEX Corp and involves providing a new link road from Caloocan, connecting to C3 and to Espana Boulevard in capital Manila. Construction is expected to take 20 months and shoul
