The Company won the bid for the ICB5 project of Kathmandu Expressway in Nepal

At the beginning of the new year, Shandong High Speed Road & Bridge International Engineering Co., Ltd. welcomed a promising start by securing the bid for the Kathmandu Expressway ICB5 section project in Nepal. This project win signifies the Company’s accomplishment in entering yet another South Asian country, further enhancing its footprint in the South Asian region. This achievement establishes a solid foundation for the Company’s subsequent endeavors in deepening its presence within the South Asian market.

This project is a comprehensive contract for the construction of a highway (including partial design). The scope of work includes the construction of a dual-carriageway highway with two lanes in each direction, spanning from 65+160 KM to 72+529KM, as well as the construction of roads, bridges, toll plazas, interchanges, and related facilities. The project also involves the design of bridges, toll plazas, and interchanges. The estimated duration of the project is about 34 months, with a winning bid amount of 39.54 million US dollars.

The Company will continue to stay true to its original aspirations, bear in mind its mission, overcome challenges, and actively respond to the call of the “Belt and Road” Initiative. It will cultivate core competitiveness and enhance the international brand of “Shandong Hi-speed Group.”