By TesfaNews, The increasingly assertive Chinese investment group in Eritrea, SFECO Group, announced that it has signed a Mechanical and Electrical Installation contract with Shanghai Installation Group in order to finalize the three massive agricultural projects it currently undertake in Eritrea.
Continue ReadingBy Africa Intelligence, According to our sources, the second stage of the Hirgigo thermal power plant in Eritrea, which will increase output from 88 MW to 132 MW thanks to the Shanghai Corporation for Foreign Economic and Technological Cooperation (SCFETC), is expected to be completed early in the new year. SCFETC , which has orders worth $340 […]
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BY TESFANEWS The increasingly aggressive Chinese investment group in Eritrea, SFECO, again won the second phase of supplying various machinery and equipment worth 61.54 million USD. It also won another multi-million dollar EPC contract for Hirgigo Power Plant 2*23MW Extension project. Eritrea’s ambassador to China, Mr. Tsegai Tesfazion and Vice-President of China SFECO Group, Mr. […]
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