Chinese contractor Sinohydro is to start a road construction project in Moldova worth €48 million. It is likely to be the first of several Chinese companies to carry out work in
the country.
May 15, 2012
Read time: 1 min
Chinese contractor 5544 Sinohydro is to start a road construction project in Moldova worth €48 million. It is likely to be the first of several Chinese companies to carry out work in the country.
Moscow’s new ring road will provide a major economic boost and tackle congestion - Eugene Gerdner writes
The Russian Government has officially started building of the Central Ring Road (CRR), one of the largest infrastructural projects in the modern history of the country. Total volume of investments in the project is estimated at more than US$7.2 billion (300 billion RUB).
Building of the road should be completed by the World Cup 2018 and will be carried out as part of the existing state program ‘The de
Work on the Myanmar section of the Stilwell Road will be carried out by Chinese contractor Yunnan Construction Engineering Group (YCEG). The deal is worth some US$498 million and the project is for a 375km stretch of highway. YCEG will carry out the project in partnership with the Yuzana Group. The deal is of note as it will improve Myanmar's international links with its neighbours.
The European Investment Bank (EIB) looks likely to grant Poland a loan of €1.6 billion to carry out several key infrastructure projects. Some of the money will be used to finance the A2 highway from Lodz to Warsaw; Warsaw's southern ring road and a 50km section of the A4 highway to link with Germany.
