Sinoma secures USD160m in overseas projects

Sinoma secures USD160m in overseas projects
18 May 2007

Sinoma International Engineering Co, Ltd the major overseas engineering construction turnkey service provider in China, signed an agreement with Yemeni Saudi Cement Company for a cement production line with daily capacity of 4000t, the Chinese company announced on May 16.

The agreement includes from the design, equipment procurement, transportation, to civil construction, installation and technical services for the project, with value totaling US$162m.The project is planned to be finished with 25 months.

The official contract for the project is to be effective after Sinoma-Int received the first advance payment, according to the company.

Published under Cement News