Sibmost and the Automobile Roads Department of the Krasnoyarsk Region have signed a US$371.07million (RR12billion) contract to construct the first phase of the fourth highway bridge in Krasnoyarsk, Siberia.
June 8, 2012
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5872 Sibmost and the Automobile Roads Department of the Krasnoyarsk Region have signed a US$371.07million (RR12billion) contract to construct the first phase of the fourth highway bridge in Krasnoyarsk, Siberia.
A unit of China State Construction International Holdings (China State Construction) has signed a US$617.4 million (HKD 4.79bn) contract with the Highways Department of Hong Kong. The company will build a 150m long slip road tunnel beneath the Victoria Park Road and the northern area of Victoria Park. A 300m twin box tunnel section will also be built by China State Construction under the seabed of Causeway Bay Typhoon Shelter, as part of the 4.5km Central-Wan Chai Bypass development.
Serbia said it signed two road construction agreements with China during the 16plus1 Summit in Dubrovnik, Croatia earlier this month.
The two deals are for construction of the Pozega-Boljare and Novi Beograd-Surcin road routes. The Pozega-Boljare project alone is worth €2 billion and will be financed from the existing loan from the Exim Bank, according to media reports.
China’s east-west Belt and Road Initiative was the focus of the annual 16plus1 Summit that brought together leaders from Beijing plus
