China Machinery Engineering Corp. (CMEC) announced on Dec. 21 that CMEC and Shanghai Electric Group Co., Ltd. had formed a consortium and signed a contract with Myanmar company Eco Friendly Tower Company Ltd., according to bhi.com.cn.
File photos: VCG
The contract includes building 1,500 telecommunications towers for the first phase and other 1,500 telecommunications towers for the second phase.
The consortium will be responsible procurement, construction, installation and commissioning of the project.
The project has a total contract amount of $384.8 million (some 2.5 billion yuan). Under the contract, the project will be completed in about 36 months.