Jiangsu Companies Sign $500M In Civil Construction Contracts


Via macauhub.com.mo

Three companies from the Chinese province of Jiangsu, north of Shanghai, during the Macau International Fair (MIF) signed contracts with Angolan and Macau companies for civil construction in Angola and Timor-Leste (East Timor), Forum Macau said in a statement.

Angolan company OPAIA and China Jiangsu International Economic-Technical Cooperation Group Co., Ltd. signed a strategic cooperation agreement worth US$360 million and the TAMAR Limited Company has signed with Jiangsu Provincial Construction Group Co., Ltd an estimated US$50 million contract to build housing projects in Angola’s Luanda province.

The Macau Jin Shang Holding Company Limited and LongXin Construction Group Co., Ltd of Jiangsu also signed an US$80-million contract for a project in Timor-Leste.


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