Sinohydro Corporation Limited: Signing of a $94.85 million contract for the construction of the Nicaragua Puerto Bravo project.
China Construction International announced that the company has signed a commercial contract for the construction of the Bluefields Port in Nicaragua with the Ministry of Transportation of Nicaragua. The total contract amount is 94.85 million US dollars, equivalent to approximately 644 million RMB, accounting for 5.57% of the company's total revenue in 2025. The first phase of the contract is worth 59.9 million US dollars with a construction period of 18 months, while the second phase is worth 34.95 million US dollars with a construction period of 16 months. The fulfillment of the contracts will have a positive impact on the company's future business performance in the next two years, but there are risks related to the execution of the contracts and project revenue due to factors such as laws and regulations, raw material prices, and political and social environment.
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