PowerChina (601669.SH) signs a contract worth 125.26 billion yuan for the Belgrade Metro Line 1.

Zhito Finance APP News: PowerChina (601669.SH) has announced that recently, the company signed a contract with the Ministry of Construction, Transport and Infrastructure of Serbia, the Secretariat for Public Transport of Serbia, and Belgrade Metro Company for Section 3 of Phase 1 of the Main Line of Belgrade Metro Line 1 in Serbia. The contract amount is 1.621 billion euros, equivalent to approximately RMB 12.526 billion. The project is located in Belgrade, Serbia. The main scope of work includes detailed design, main structure construction, decoration and finishing, mechanical and electrical installation, and landscaping. The project duration is 60 months, and the warranty period is 2 years.