Chinese company "Shandong Hi-speed Group" shows interest in building roads in Serbia

Serbia's Minister of Regional Development and Local Self-Government Verica Kalanovic met with representatives of the Chinese construction company "Shandong Hi-speed Group", which has shown interest in doing business in Serbia, especially in the construction of...

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Chinese company "Shandong Hi-speed Group" shows interest in building roads in Serbia



Balkans.com Business News Correspondent - 24.09.2012

Serbia's Minister of Regional Development and Local Self-Government Verica Kalanovic met with representatives of the Chinese construction company "Shandong Hi-speed Group", which has shown interest in doing business in Serbia, especially in the construction of regional motorways Pojate-Preljina and Novi Sad-Sabac-Loznica. The Minister presented the Chinese delegation with priorities in building regional infrastructure, as well as the business environment in Serbia, and especially highlighted the good cooperation between the two countries. During the meeting it was agreed that the company in the coming days should send a formal letter of intent to cooperate on this project.

"Shandong Hi-speed Group" is one of the leading construction companies in the construction of motorways, railways, airports and ports. It operates in more than 30 countries around the world, and one of their biggest and best-known projects is the 43 km bridge length in the Chinese region of Shan Dong, which was built in just four years. The capital of the company is estimated at more than $30 billion, according to a statement by the Ministry of Regional Development and Local Self-Government.

Source: Serbian Government


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