Companies

China Wu Yi wins bid for Ethiopian road project

BEIJING
2016-12-13 10:37

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China Wu Yi Co., Ltd. (000797.SZ) announced recently that the company has won the bid to build a 48 kilometers long road from Afdera to Erebti intersection in Ethiopia.

The contract value is about 426 million yuan and the company predicts 20 million yuan of profit may be earned from the project.

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