China SFECO celebrates agreement on agriculture related plants worth US$ 100 million

China SFECO group, a subsidiary of Shanghai Construction Group Co. Ltd., held a ground breaking ceremony in Eritrea to undertake different agriculture related plants worth US$ 100 million.

The massive Engineering, Procurement and Construction project will constitute the construction of three cold food storages in three different sites; an aluminum can manufacturing plant, and a high quality PVC agriculture drip irrigation pipe production line.

The Eritrean Ministry of Agriculture owns the projects after securing a 630 million Yuan preferential loan from the Chinese government.Read More

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