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Ann: Mali Lithium Signs Goulamina MOU with CHICO, page-42

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jadaj

19 Posts.

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30/10/19

07:54

Post #: 41135777
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Originally posted by Green Hornet: ↑
CHICO (construction company)

From Wikipedia, the free encyclopedia

Column 1 Column 2
1 {caption}China Henan International Cooperation Group Co., Ltd.{/caption}
2
3 Type
4 State-owned enterprise
5 Industry Civil engineering, Construction
6 Headquarters China
7 Website www.c-chico.com
China Henan International Cooperation Group (commonly known as CHICO) is a Chinese state owned construction and engineering company held by the provincial government of Henan.^[1] The construction company is known for being part of the "vanguard of the country's Africa drive".^[1]
The company began working in Liberia in 2008. It is one of the major construction companies in Liberia, having worked as project contractor on several large road projects. It was named by GNN, a newspaper in Liberia, as construction company of the year for 2013.^[2] In the award citation, CHICO was described as "graded high over the years by Liberians and foreign residents for its professional handling of the construction of Liberia’s damaged bridges and roads."^[2]
Projects[edit]

Awarded in 2012 a K1.1 trillion (US$206 million) contract by the Road Development Agency of Zambia to design and construct the 175 kilometres (109 mi) Mansa-Luwingu road.^[3]
Awarded in 2012 a US$34.5 million (UGX:89 billion) contract to construct the 74 kilometres (46 mi) Gulu-Atiak section of the Gulu-Nimule Road, a joint project of the World Bank and the Government of Uganda.^[4]
Awarded in 2013 a US$70.9 million contract by the Liberia Road Asset Management Project to build the 68.61 km Gbarnga-Ganta-Guinea Border Road.^[5] Funding for the project is sourced from the EU, Irish Aid, UK Aid, Swedish International Development Cooperation Agency and Nordic Development Fund.^[5]
Awarded in 2016 a US 492.5 million contract by the Road Development of Zambia to Design, Upgrades and Construct the 406 kilometers Roads in Copperbelt Province.
References[edit]

^ Jump up to:^a ^b Yeh, Andrew (June 20, 2006). "China on rocky road to trade with Africa". Financial Times.^{[permanent dead link]}
^ Jump up to:^a ^b "CHICO, Construction Company of The Year - 2013". GNN Liberia. 3 January 2014.
^ Namusa, Kaiko (December 28, 2012). "RDA Awards China Henan K1.1 Trillion Road Deal". Times of Zambia.
^"Construction of Gulu-Nimule Road Commissioned In May 2012". Archived from the original on 2014-07-07. Retrieved 2013-08-21.
^ Jump up to:^a ^b "Liberia signs major road construction deal with Chinese firm CHICO". Road Traffic Technology. 14 May 2013
.
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Also, from their website looks like they have mining rights for aliminium, iron ore copper too.. Potential for JV/TO?

"In accordance with the development ideas of “two markets and two kinds of resources”, the company has increased the development of foreign minerals projects, and has obtained the mining rights of 558 square kilometers of aluminum mines in Guinea and 87 square kilometers of iron ore in Liberia and 49 square kilometers of copper in Tanzania. Exploration rights. In addition, some mineral resources development projects such as copper mines, silver mines, uranium mines, diamond mines, coal mines and gold mines are also being actively promoted." - translated by Google

http://www.c-chico.com/Business.asp?id=189&Type=487
Last edited by jadaj: 30/10/19

MLL Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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