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

  • Champlain Bridge set to open by end of year, says SNC-Lavalin
    May 14, 2018
    The Canadian city’s replacement Champlain Bridge will open on schedule at the end of the year. Montreal, one of Canada’s largest cities, will have a well-earned Christmas present in December when the new Champlain Bridge opens after 42 months of construction. The new bridge, part of a six-lane 6km corridor including roads, is being built alongside the original bridge over the Saint Lawrence River and Seaway canal system. The new bridge, 3.4km long, runs from the île des Soeurs to Brossard, immediately dow
    Read More
  • France earmarks €5bn for road works up to 2022
    September 28, 2018
    France will invest €5.1 billion in maintenance and construction of highways up to 2022 as part of a major transportation strategy. The money for highways is within €13.4 billion that the government pledged to invest in the general transportation sector. More than half of the money will be for railways. In September, the French government outlined its infrastructure spending priorities for the decade to 2028. The government is to prioritise investment at key rail hubs outside Paris. Half the total €13.4
    Read More
  • Export intention for Lonking
    January 6, 2017
    Lonking plans to ramp up export levels – Mike Woof reports For Lonking, wheeled loaders form a major part of the firm’s business, although the company now has a well-diversified range. Product development has been important for the company and the third generation wheeled loaders are now coming to market. These new models feature new engines, while the firm is also introducing its second generation excavators and third generation forklift trucks. The third generation wheeled loaders will be available with e
    Read More
  • Export intention for Lonking
    November 26, 2012
    Lonking plans to ramp up export levels – Mike Woof reports For Lonking, wheeled loaders form a major part of the firm’s business, although the company now has a well-diversified range. Product development has been important for the company and the third generation wheeled loaders are now coming to market. These new models feature new engines, while the firm is also introducing its second generation excavators and third generation forklift trucks. The third generation wheeled loaders will be available with e
    Read More

Highlighted Content