SINOHYDRO OF CHINA TO BUILD TWO MACEDONIAN HIGHWAYS
admin1 – October 22, 2013 – 12:40pm

On the first day of his visit to the People’s Republic of China, Macedonian President Gjorge Ivanov had meetings with the managements of three Chinese companies interested in striking economic cooperation with the Republic of Macedonia. They are China State Construction Engineering, the largest construction company in China, Sinohydro Corporation LTD, which is going to build the Skopje-Stip and Kicevo-Ohrid highways and the oil company Sesai Jialijia Petro Chemical Equipment.

The management of the state construction company, involved in the project of investing 10 billion dollars in the road network of the countries of the Central European Initiative, informed President Ivanov about their interest in making investments in Macedonia. To this end, a special team of the company is already paying a visit to Macedonia considering the possibilities of implementing infrastructure projects. President Ivanov told them about the possibilities that the free economic zones offer and about the effort the Government makes to create a better investment environment.

Sinohydro’s CEO told the Macedonian head of state that all preparations about signing the contracts on building the Skopje-Stip and Kicevo-Ohrid highways were completed on their part and that the approval of the Macedonian Parliament was now waited for whereupon the implementation of the project could get underway.

The representatives of Sesai Jialijia Petro Chemical Equipment told President Ivanov they were interested in making investments in the free economic zone in Macedonia about manufacturing pumps for petrol stations and electronic car parts.