CITIC Construction

Siemens received an order valued at over EUR 280 million to supply key components and long-term services for the 840 MW Maisan combined cycle power plant in Iraq. The contract was awarded by CITIC Construction and MPC.

CITIC Aluminio Angola commissioned an aluminum profile factory in Viana, Angola, a joint venture between CITIC Construction and CITIC Bohai Aluminum Industries Holding Company, with an investment of US$40 million and annual capacity of 10,000 tons.

Construction of the Amkodor-Mash plant began in Kolodishchi, Minsk region. The plant will produce front and universal loaders, telescopic loaders, and tractors with articulated frames, with a planned capacity of about 6,000 machines per year and a project cost of approximately $230 million.

AMKODOR-Mash will build a new plant in Kolodishchi, Belarus, to produce loaders and tractors, with a capacity of 6,000 machines per year and creating 1,350 jobs.