Ethiopia: CREC ahead of four of its compatriots on a road contract

Ethiopia: CREC ahead of four of its compatriots on a road contract

After the railway linking the country to Djibouti and the Addis Ababa tramway, the Chinese group has won the contract for a new road project, worth €50 million.

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            ▪ Ethiopia: CREC ahead of four of its compatriots on a road contract

▪ After the railway linking the country to Djibouti and the Addis Ababa tramway, the Chinese group has won the contract for a new road project, worth €50 million.

https://www.africabusinessplus.com/en/806788/ethiopia-crec-ahead-of-four-of-its-compatriots-on-a-road-contract/

The Chinese group China Railway Engineering Corporation (CREC) and its subsidiary involved in the project, China Tiesiju Civil Engineering Group Co (CTCE), have been one step ahead of their compatriots Sinohydro Corporation Limited; Zhejiang Communications Construction Group Co; China Gezhouba Group Company Limited; and Shandong Luqiao Group Co. Ltd.

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