China: CCCC Shanghai Dredging Bags Important Contract
CCCC Shanghai Dredging Co., Ltd. has recently won the bid for the waterway project of Basin 3 in Caofeidian zone of Tangshan Port, with a contract value of 350 million yuan (around USD 56 million) and a construction period of 120 days.
Located in the Caofeidian zone of Tangshan Port, the project involves the waterway dredging of Basin 3 and land reclamation, as well as single works such as the heightening of the cofferdam in the north of the reclamation zone and the construction of a new cofferdam in the east of the zone.
The project is of great significance to further meeting the demands of the existing construction projects in the Caofeidian zone and ensuring the sustainable development of the zone.
Press Release, April 10, 2013