China Signs $4.7 Billion in Rail Projects with Argentina, Including Connection to the Country’s Massive Vaca Muerta Shale Gas Deposits
Posted Wednesday, December 16, 2020 at 3:44pm
On December 15, Argentina’s Minister of Transport, Mario Meoni, acknowledged that a Norpatagonico railway rehabilitation agreement signed between the government and China's state-owned China Machinery Engineering Corporation (CMEC) late last week, was partly intended to improve access to Argentina’s strategically significant Vaca Muerta shale gas deposits in the southern region of the country.
Posted Tuesday, December 15, 2020 at 3:03pm
On December 11, it was reported that Mota-Engil Mexico (MEM) had won a 30-year concession contract for the construction, operation, and maintenance of the $291 million Tultepec-AIFA-Piramides highway. The news comes two weeks after the announcement that CCCC had acquired a significant stake in the company’s Portuguese parent, Mota-Engil, providing critical funding.
Posted Friday, December 4, 2020 at 12:24pm
On December 2, the Ukrainian State Agency for Infrastructure Projects (Ukrinfraproekt) announced that it had begun negotiations with state-owned China Airport Construction Group Corporation (CACC) to involve the company in the upgrade of several domestic airports across the country. The discussion reportedly has roots in a 2018 memorandum of cooperation signed by both parties.