Sichuan Road and Bridge Group
Appearance
Native name | 四川路桥集团 |
---|---|
Company type | State-owned enterprise |
Industry | Construction, Mining |
Founded | 1998 |
Headquarters | , |
Area served | Worldwide |
Number of employees | Over 16,000 |
Parent | Shudao Investment Group |
Subsidiaries | Sichuan Road & Bridge Mining Investment Development Corp. Ltd. |
Website | Official website |
Sichuan Road and Bridge Group (SRBG) is a Chinese state-owned enterprise specializing in engineering, construction, and mining operations. Established in 1998 and headquartered in Chengdu, Sichuan Province, the company is a subsidiary of Shudao Investment Group. SRBG has expanded its business both domestically and internationally through major infrastructure and mining projects.
International projects
[edit]SRBG has undertaken various international projects across multiple countries:
- Norway: In 2013, SRBG was awarded a €93 million contract to construct the steelwork for the 1,533-meter-long Hålogaland Bridge, which opened to traffic in December 2018. The bridge was the longest suspension bridge within the Arctic Circle at the time.
- Bangladesh: The company is part of a consortium involved in the construction of the 48 km Dhaka Bypass Expressway under a public-private partnership model, with construction beginning in December 2019.
- Tunisia: In March 2024, SRBG signed a contract to construct the Bizerte Bridge—Tunisia's largest bridge project. The project is expected to boost local transportation infrastructure.[1]
- Eritrea: SRBG has maintained operations in Eritrea since 1996, working on projects such as roads, hospitals, and educational institutions, while also investing in the mining sector.
Mining activities
[edit]SRBG operates in the mining industry through its subsidiary, Sichuan Road & Bridge Mining Investment Development Corp. Ltd.:
- Asmara Project: In November 2015, SRBG acquired a 60% stake in the Asmara Mining Share Company from Sunridge Gold Ltd. for US$65 million. The Asmara project is a copper-gold-polymetallic mine. By 2021, project financing was secured, and mine development was progressing.[2][3]
- Colluli Potash Project: In January 2023, SRBG announced plans to acquire a 50% stake in the Colluli Mining Share Company, which owns the Colluli potash deposit. The total investment for the acquisition and development is expected to be around US$950 million.[4]
Domestic projects
[edit]Domestically, SRBG has led several key infrastructure developments:
- Xingkang Bridge: Completed in 2018, this suspension bridge over the Dadu River in Sichuan features a main span of 1,100 meters and connects key expressway routes.
- Bosideng Bridge: Opened in 2012, the Bosideng Bridge crosses the Yangtze River in Sichuan. Its main span of 530 meters makes it one of the longest arch bridges globally.
References
[edit]- ^ "Chinese Enterprise Signs Contract for Tunisia's Largest Bridge Project: Shudao Group Makes Overseas Breakthrough Again". ACIEP. 2024-04-02. Retrieved 2025-04-11.
- ^ "Sichuan Road & Bridge Mining Investment Development Corp. Ltd. acquires interest in Asmara Project". Lexpert. 2015-11-06. Retrieved 2025-04-11.
- ^ "Sichuan Road and Bridge (600039.SH): the parties concerned have reached an agreement on the financing of the Asmara project". Moomoo News. 2021-05-23. Retrieved 2025-04-11.
- ^ "Subsidiary of Sichuan Road&Bridge Group to invest in potassic salt ore project in Eritrea". Xinhua Silk Road. 2023-01-06. Retrieved 2025-04-11.