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
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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.
Chinese firms are to carry out three major road projects in Tanzania. The projects were awarded by the Tanzanian Government and are worth close to US$160 million in all. The companies are China Railway Seventh Group Company, Sichuan Road and Bridge (Group) Corporation and China Henan International Cooperation Company. The projects include the 65.5km road connecting Mangaka and Mtambaswala, as well as the 88km road from Mela to Bonga and the 99.35km road from Mayamaya to Mela. The work is due for completion
The China Communications Construction Company is to take part in the second and third construction phases of Tehran’s north highway project.
A memorandum of understanding signed earlier this year marks the first time a Chinese contractor has worked in Iran.
The second section covers around 23km and includes a 6.5km tunnel and a 16.5km highway. The third section spans about 45km, of which 38km will be through tunnels.
Total cost is around US$2 billion, with the second section costing $500 million.
