China Power Construction: The joint venture signs a total contract of 5.636 billion yuan for highway design and construction

MetaMuskRat · 2026-03-11T23:37:48+00:00

China Power Construction announced the signing of a design and construction general contract for a highway project with Montenegro Road Limited Liability Company, with a contract amount of approximately 5.636 billion yuan and a construction period of 60 months. In addition, the company signed 1,218 new projects in 2026, totaling 147.893 billion yuan, a year-on-year decrease of 23.29%.

MetaMuskRat

2026-03-11 23:37:48

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People’s Financial News, March 11 — China Power Construction (601669) announced on March 11 that recently, China Power Construction Corporation and its subsidiaries China Power Construction Municipal Construction Group Co., Ltd. and China Power Construction Group Chengdu Survey and Design Research Institute Co., Ltd. formed a joint venture and signed a design-build contract for the Montenegro Matschervo-Andrijevica Expressway project with Montenegro Highway Limited Liability Company. The contract amount is approximately 5.636 billion RMB. The project contract duration is 60 months, with a 24-month warranty period. The company also announced that from January to February 2026, it signed a total of 1,218 new projects with a total contract value of 147.893 billion RMB, a year-on-year decrease of 23.29%.

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