CRBC Won The Bid for Rwanda Road Upgrading Project

Date: 06/23/2022

On June 15, CRBC successfully won the bid for the Upgrading Works of Basa-Butaro-Kidaho (63km) Road Project in Rwanda.

The Project was won by the Company's Rwanda Office and a local company in the form of joint venture. The owner is Rwanda Transport Development Agency(RTDA). The Project has a total length of 63 kilometers and a construction period of 36 months. It has asphalt concrete pavement and two-way two-lane roads.

This Project is the largest spot exchange project won by the Company in the form of joint venture in Rwandan market, which is a successful attempt by the Company to actively seek market breakthroughs and explore new financing channels.

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