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Ch Energy Eng (03996) unit wins US$1.016B projects
11 Jul 2019
(Infocast News) China Energy Engineering Corporation (03996) announced that its subsidiary, China Gezhouba, has entered into a contract regarding a Saudi Arabian civil explosive project with Ahmed Saad Alkridis Company Ltd in Saudi Arabia. The contract amount of the project is US$780 million (RMB5.304 billion).

The subsidiary has also entered into an engineering procurement construction contract with PT.PRIORITAS GADING INDONESIA in respect of the construction of Double Great Apartment Project in Indonesia. The contract amount of the project is US$236 million (RMB1.581 billion). The contract term is 1,460 calendar days commencing from the date of construction.

(WL)
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