China CAMC Engineering signs Nicaragua port construction contracts worth approximately 644 million yuan

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China CAMC Engineering has signed commercial contracts for Phase 1 and Phase 2 of the Nicaragua port construction project with Nicaragua's Ministry of Transport and Infrastructure. The total contract value is 94.85 million US dollars, equivalent to approximately 644 million yuan. The construction includes a multipurpose terminal and supporting roads and bridges. The contracts will be performed after receiving the advance payment and are expected to have a positive impact on the company's operating results over the next two years.

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China Camc Engineering Co Ltd
002051
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Signed contracts for Nicaragua port construction worth ~644 million yuan, expected to boost operating results over two years.