Paris Peace Accords 23 Oct. 1991

Paris Peace Accords 23 Oct. 1991

Saturday, December 31, 2016

Sino Great Wall consortium wins contract for Cambodia’s twin towers

The Thai Boon Roong Twin Tower Trade Center in Phnom Penh is expected to be taller than South-East Asia's current tallest building, the Petronas Twin Towers (pic).

Sino Great Wall consortium wins contract for Cambodia’s twin towers

Reuters | 29 Dec. 2016| 

A consortium led by Sino Great Wall International has won a $2.7 billion contract to build the 133-storey Twin Trade Center in Phnom Penh in Cambodia, which will be one of the world's tallest buildings, parent Sino Great Wall Co Ltd said on Thursday.

Sino Great Wall, like many other Chinese companies, has been actively expanding overseas. Earlier this month, it won construction contracts in Malaysia and Macau worth about 373 million yuan.

It also signed contracts for projects in Indonesia, Myanmar and Congo earlier this year.

The Phnom Penh contract will come into effect once the consortium, which includes Sino Great Wall International and Wuchang Shipbuilding Industry Co Ltd, finalises the funding. The project is expected to take about 60 months, Sino Great Wall said in a filing to the Shenzhen stock exchange.

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1 comment:

  1. Anonymous5:49 AM

    "a $2.7 billion contract to build the 133-storey Twin Trade Center in Phnom Penh in Cambodia"

    What a scam. It's economical unviable and totally nonsense. I remember 4 years ago, Mr. Hun Sen declared a plan for a building with 555-meter tall. I immediately wrote: "It ain't going to happen."

    So, what happened to that 666-meter building? LOL...I bet it is the brand of the "555" cigarette Mr. Hun Sen likes.

    ReplyDelete

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