China Camc Engineering (002051.SZ) signs a US$116 million contract for the Nicaragua Bluefields Port construction project (Section III).
China Camc Engineering (002051.SZ) announced that on September 18, 2026 (Beijing time), the company signed a commercial contract with the Ministry of Transport and Infrastructure of Nicaragua (referred to as the Nicaraguan Ministry of Transport) for the Nicaragua Bluefields Port Construction Project (Section III). The contract value for Section III of the Nicaragua Bluefields Port Construction Project is approximately US$116 million. The project is located in the South Caribbean Coast Autonomous Region of Nicaragua. The project scope includes onshore construction such as port concrete slabs and port buildings, as well as the procurement, installation, and commissioning of equipment and control systems. The work scope includes procurement, construction, etc. The contract duration is 630 calendar days from the date of the notice to proceed.
China Camc Engineering (002051.SZ) has announced that on September 18, 2026 (Beijing time), the company signed a commercial contract with the Ministry of Transport and Infrastructure of Nicaragua (referred to as the Nicaraguan Ministry of Transport) for the Nicaragua Bluefields Port Construction Project (Section III). The contract amount for Section III of the Nicaragua Bluefields Port Construction Project is approximately US$116 million. The project is located in the South Caribbean Coast Autonomous Region of Nicaragua. The project content includes onshore engineering construction such as port concrete slabs and port buildings, as well as the procurement, installation, and commissioning of equipment and control systems. The scope of work includes procurement, construction, etc. The contract duration is 630 calendar days from the date of the commencement notice.
The total contract amount for the Nicaragua Bluefields Port Construction Project (Section III) is approximately US$116 million, equivalent to approximately RMB 782 million, representing 6.76% of the company's total operating revenue for 2025. The performance of this contract will have a positive impact on the company's operating results for the next two years.
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