China State Construction Engineering Corporation Limited(601668) : the consortium won two PPP projects

Financial Associated Press, February 6, China State Construction Engineering Corporation Limited(601668) announced that recently, the consortium formed by the company won the bid for the PPP project of Guangxi Longsheng Dongzhong port highway (Shanglin Nanning section). The project is implemented in the mode of government social capital cooperation (PPP). The estimated total investment of the project is about 13.527 billion yuan, accounting for about 0.84% of the company’s audited operating revenue in 2020. It was announced on the same day that recently, the consortium formed by the company won the bid for the PPP project of Guangxi Congjiang Rong’an Lipu highway (Rong’an Yongfu Yangshuo section). The estimated total investment of the project is about 21.614 billion yuan, accounting for about 1.34% of the company’s audited operating revenue in 2020.

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