Polonium

Sunday, December 13, 2009

China cracks EU roadworks market via Poland


WARSAW — China has cracked the European Union's road construction market by winning its first contracts in 2004 bloc entrant Poland to build two stretches of highway.
By 2012, just in time for Poland's run as co-host of the European football championships, China Overseas Engineering Group Company (COVEC) is set to complete just over 49 kilometres (30 miles) of the A2 highway linking Warsaw and Berlin.
COVEC's bid for a section of highway between the Polish and German capitals beat out several European competitors.
"This is the first roadworks infrastructure tender won by a Chinese company in Poland," Marcin Hadaj, spokesman for Poland's state GDDKiA roads and highways company, told AFP.
http://www.google.com/hostednews/afp/article/ALeqM5jEljdspQK3kB6PzMuaKhU8Og1CgQ