BRI NEWS China’s company consortium signs telecommunications tower project in Myanmar

BRI NEWS

China’s company consortium signs telecommunications tower project in Myanmar

Xinhua News Agency

14:39, April 08, 2019

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.

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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.

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