Stecol ousted from Polish contract in favor of Intercor

Chinese contractor Stecol has been deselected as winner of a €204 million deal to build a Polish highway in favour of Polish firm Intercor. Poland’s National Chamber of Appeal announced its decision concerning construction of a road from Rdzawka to Nowy Targ, according to the Polish financial newspaper Puls Biznesu. Work on the project is due to start in 2020 with completion in 2023. Stecol was founded in 1962 as Sinohydro Tianjin Engineering Transportation works to build mostly hydro dams. It now works
September 7, 2018 Read time: 2 mins

Chinese contractor Stecol has been deselected as winner of a €204 million deal to build a Polish highway in favour of Polish firm Intercor.

Poland’s National Chamber of Appeal announced its decision concerning construction of a road from Rdzawka to Nowy Targ, according to the Polish financial newspaper Puls Biznesu.

Work on the project is due to start in 2020 with completion in 2023.

Stecol was founded in 1962 as Sinohydro Tianjin Engineering Transportation works to build mostly hydro dams. It now works globally as a general infrastructure contractor and employs more than 6,000 people.

The company’s transportation projects in China include the Binhai Avenue development in Tianjin, where it is headquartered, the Wushao Expressway in Fujian province, Liangzhong Expressway in Chongqing city and the Wanping Expressway in Henan province.

Steclo also has major projects throughout Kenya, with more than 1,000km of roads of various grades to its name.

Finance & Funding

Related Content

  • Bidding for Uganda road connecting Kampala and Jinja
    May 22, 2018
    In Uganda bidding is now underway for the new expressway project to improve transport between capital Kampala and the industrial city of Jinja. The project for the 95km section of road is expected to cost US$1 billion to construct. The contract is being offered under the design, finance, build and operate model, with the route then being handed back to the Ugandan Government once the agreed concession period is complete. Some of the financing will be provided by the Africa Development Bank (AfDB), French De
    Read More
  • Infrastructure spending aids economic growth
    March 14, 2012
    AT THE TIME of year it is worth considering how strong the construction market will be towards the end of 2010 and on into 2011.
    Read More
  • Infrastructure spending aids economic growth
    February 21, 2012
    AT THE TIME of year it is worth considering how strong the construction market will be towards the end of 2010 and on into 2011. The build-up to the Bauma construction equipment exhibition in Munich, the world's largest exhibition, has helped fuel new product introductions from manufacturers, attracted contractors to visit the event and brought healthy interest to the construction sector as a whole.
    Read More
  • Russia’s new high speed highway – with Italian investment
    January 30, 2020
    Italian investment will help to build a major high-speed highway in Russia
    Read More

Highlighted Content