Sichuan Road and Bridge Group

Summary

Sichuan Road and Bridge Group (abbreviated as SRBG) is a Chinese engineering company which builds civil works in domestic and international projects. Through a subsidiary, Sichuan Road & Bridge Mining Investment Development Corp. Ltd., it is also involved in gold mining.

Sichuan Road and Bridge Group
Company typeState-owned enterprise
IndustryConstruction, gold mining
Headquarters,
WebsiteOfficial website

International projects edit

Most of the company's business is in China but it also carries out work in Eritrea, Norway, Tanzania, Cambodia, and the United Arab Emirates.[1][dead link]

The company has had an especially long standing relationship with Eritrea with both Chinese and Eritrea officials calling the company a positive force in bilateral relations.[2][dead link] In Eritrea it has built[when?] several major civil works including roads and hospitals and employed 3,000 local employees.[2]

  •   Awarded in 2013 a €93 million contract to build the steelwork for the 1553 meter long Hålogaland Bridge in Norway to be completed in 2017.[3] It was completed in December 2018 after a delay.
  •   6 projects in Eritrea starting from 1996 including the Massawa Municipal Road Works (1996); Asmara Municipal Road Works (2004); Massawa Seawall Road Rehabilitation Project (2005); Asmara Optical Hospital Improvement Project (2011); Eritrean Technology College Improvement & Extension Project (2012); and Eritrean Agriculture College Improvement & Extension Project (2012).[1][dead link] Work had been disrupted by the outbreak of the Eritrean–Ethiopian War but the company continued involvement in the country.[2][dead link]

Mining edit

The company is also involved in gold mining in Eritrea. Through its subsidiary, Sichuan Road & Bridge Mining Investment Development Corp. Ltd., purchased a 60% stake in gold mining asset from the Australian mining company Sunridge Gold for $US65 million in November 2015.[4]

References edit

  1. ^ a b "Engineered for Success". Chinafrica. February 2013.[permanent dead link]
  2. ^ a b c Ni, Yanshuo. "China-Eritrea Friendship Builders". Beijing Review.
  3. ^ "Chinese company to build longest bridge in Northern Norway". Barents Observer.
  4. ^ "Sichuan Road & Bridge Mining Investment Development purchases Sunridge Gold by way of asset deal for US$65 million (C$85 million)". Faskin Martineau.