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

  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More
  • Major highway growth in Portugal
    February 14, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved
    Read More
  • Major highway growth in Portugal
    April 12, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved In Portugal, out of 3,600km of main national roads (IP+IC), some 1,500km of motorways/high-capacity routes are financed under public-private partnership (PPP) agreements. These are tolled either using shadow tolls (these are being phased out) or real tolls, and plans are in hand to make routes multi free-fl
    Read More
  • Restart for Slovakia’s Čebrať tunnel and Hubova-to-Ivachnova D1 section
    December 13, 2017
    Work will restart on the 15.2km D1 bypass around the Slovakian town of Ružomberok after the government and contractors amended the contract. The consortium of OHL ZS and Vahostav-SK and the National Highway Company (NDS) recently signed and addendum to the contract that includes an extension of section’s Čebrať tunnel by1.6km to 3.6km and shortening of the road by around 300m. Because of continuing geological concern, NDS had earlier decided to reroute the road and the tunnel. As a result, the cost of the
    Read More

Highlighted Content