A number of Chinese firms handling mega road construction projects are at risk of breaching a State policy that demands they reserve 30 percent of their work to local firms.
On Sunday morning, the construction of a central government-aided hospital officially kicked off in the Hong Kong Special Administrative Region (HKSAR), which aims to contain the surging COVID-19 outbreak in the city.
The Chief Executive of Hong Kong Carrie Lam on Monday said that the city would certainly win the battle against the COVID-19 with the support of the Chinese mainland, following the arrival of a five-member expert team, the third batch and the highest-level expert team so far dispatched by the central government, on the same day.
Despite COVID-19 pandemic headwinds, China State Construction Engineering Corp is ramping up its efforts in Africa with the recent completion of a comprehensive school project in Libreville, Gabon, for a bigger role in the Belt and Road Initiative.
A giant luxury resort planned on a beach outside the Bahamas’ capital, Nassau, that is supposed to be a showpiece to help China’s largest construction company tap the U.S. market has become a headache for both its builder and a lender.The resort was advertised as the largest of its kind in the Western Hemisphere. Work started in 2011 and the resort was to open in December