SHANGHAI :
China CAMC Wins USD224 Million Power Line Deal in Uganda
Tang Shihua
DATE:  Oct 16 2019
/ SOURCE:  yicai
China CAMC Wins USD224 Million Power Line Deal in Uganda China CAMC Wins USD224 Million Power Line Deal in Uganda

(Yicai Global) Oct. 16 --  China CAMC Engineering, a unit of National Machinery Industry, has  secured a USD224 million electrical infrastructure contract in Uganda. 

China CAMC penned a  contact with the Uganda Electricity Transmission Company, a state-owned  power grid operator, regarding a project involving transmission lines  and transformers in industrial parks and a free trade zones in eastern  and central parts of the African country, the Beijing-based firm said in  a statement. The construction period is three years.

The share price of China CAMC [SZE:002051] rose by 2.5 percent to CNY10.35 (USD1.50) in the afternoon. 

Editor: Emmi Laine 

Follow Yicai Global on
Keywords:   Business Contract,Power Line Deployment,One Belt One Road,Uganda,CAMCE