7:13 PM
Admin.
Chinese investment group SFECO disclosed in its website today that they won a second phase of supplying various machinery and equipment in the fields of mining, agriculture, transport and infrastructure to Eritrea. The deal is worth of 61.54 million USD.
In addition, the company also won another multi-million dollar EPC contract for Hirgigo Power Plant 2*23 MW Extension project.
Hirgigo Diesel Power Plant is located 5 km southwest of Massawa.
Vice-President of China SFECO Group, Mr. Zheng Yufeng and Mr. Tsegai Tesfazion Eritrea’s ambassador to China signed the contract in Beijing on behalf of the two sides.
Last year, SFECO Group won a 100 million USD contract, the “Eritrea Equipment Procurement Logistic Contract”, that aims boosting the new economic development drive.
The various machinery include excavators, motor graders, rollers, loaders, cranes, pumps, tractors and some other construction and agricultural equipment were provided by Liu Gong, XCMG, SANY Heavy Industry and some other large Chinese domestic enterprises.