Chinese companies to compete for Brazilian bridge project - Dealers Care

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Tuesday, 19 February 2019

Chinese companies to compete for Brazilian bridge project

BRASILIA (Reuters) - China Communications Construction Co (CCCC) is preparing to bid on a 5.3-billion-reais ($1.42 billion) bridge project in Brazil, a source with direct knowledge of the matter told Reuters on Monday. The Chinese construction company is in talks with a subsidiary of China Railway Construction Corp to jointly bid on the project, although neither the bid nor the partnership was finalized, the source said. The project involves building and operating a bridge connecting Salvador, the state capital of Bahia, and the city of Vera Cruz on the island of Itaparica.

from Latest News Business on Firstpost http://bit.ly/2EgimbB

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