People participate in a fish hunting festival in Sylhet, Bangladesh, on Jan. 16, 2021. (Xinhua)
BEIJING, Oct. 21(Xinhua) -- Longjian Road and Bridge Co., Ltd. (Longjian Road & Bridge, 600853.SH), a state-owned engineering company based in northeast China's Heilongjiang province, announced Wednesday that a consortium, formed by the company and Bangladesh-based Max Infrastructure Limited, has won a bid for a road construction project in Bangladesh, reported Xinhua-run Shanghai Securities News.
According to the announcement, the project is located in Dhaka-Sylhet of Bangladesh, and the bid involves investment equivalent to about 706 million yuan.
Longjian Road & Bridge, as the leader of the consortium, owns 90 percent shares of the consortium. As a large construction company in Bangladesh, Max Infrastructure Limited has the rest 10 percent shares of the consortium.
Longjian Road & Bridge noted that the project will increase the company's presence in Bangladesh market and accumulate engineering experience in foreign countries.
(Edited by Bao Nuomin with Xinhua Silk Road, baonuomin@xinhua.org)
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