Tshisekedi renews his trust in China Railway Group Limited
Highly active in the country for the past ten years, the company has won two new road contracts amounting to $140m.
04/11/2020 at 17h48, by Africa Business+
There was no call for tenders for this contract, which was made by mutual agreement between the Congolese government and the company CREC-7 DRC, a subsidiary of Chinese giant China Railway Group Limited (€97bn in revenues in 2019). By special authorisation issued on 16 September, the Far East Asian group was appointed on 24 September, directly and without competition, to upgrade 140 km of the country’s roads.
Recommended articles
Construction & Infrastructure
05/11/2020 at 22h41, by Africa Business+
Poly Changda Engineering charms Nouakchott and Dakar to secure Rosso Bridge contract
The landmark project between the two countries has been entrusted to the Chinese company thanks to its...
Construction & Infrastructure
14/10/2020 at 07h21, by Africa Business+
Eximbank China finalises loan with China Railway to renovate Mamy Ravatomanga’s Madarail ($34m)
Jeune Afrique Business+ brings you the exclusive story.
Mines
13/11/2019 at 17h20, by Gaëlle Arenson
SMB obtains blocks 1 and 2 at Simandou: China Railway vying for the Trans-Guinean
As reported by Jeune Afrique Business+ on 22 October, China Railway Construction Corp (CRCC) is expected...
Air transport
22/10/2019 at 22h19, by Africa Business+
CRIG (China Railway) wins tender over Bouygues for Abidjan Airport
According to our sources, the authorities in Côte d’Ivoire rejected on Tuesday the counter-offer submitted...