søndag 31. mars 2019

Chinese contractors in talks to build two highways in Moldova, extending China’s infrastructure order book in eastern Europe

Two Chinese contractors are in final negotiations to build two highways in Moldova, marking the first time China has extended the nation’s engineering and construction prowess to the eastern European nation. China Hyway Group and China Railway Group Limited are in talks to build two highways with a combined length of 300 kilometres in Moldova, according to Vitalie Iurcu, the Modolvan State Secretary of the ministry of Economy and Infrastructure.

The first highway will encircle the Moldovan capital of Chisinau, while the second will connect Moldova’s northern districts with neighbouring Ukraine, Iurcu said. Financing for the two projects, estimated at a combined US$400 million , may take two options: wholly funded by China, or split between China and Moldova 85:15.