Deals
Strabag-Led Group Among Four to Bid for $1.4 Billion Uganda Road
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Uganda picked four groups of companies, including a consortium led by Strabag SE, to bid for the construction of a 95-kilometer (59-mile) toll road worth about $1.4 billion.
A China Communications Construction Co. and China First Railway Engineering Co. joint venture, CCSK Consortium of China and a group led by Portugal’s KJ Connect are the others cleared for the Kampala-Jinja Expressway, the Uganda National Roads Authority said on Twitter. The groups were selected from eight groups that pre-qualified for the project in September, it said.