Successful Completion of Bidding Process for Purchasing First Batch of Equipment for Ethiopia Road Construction Project

News from Materials Company — On September 14, 2009, the bid opening activity for procurement of the first batch of equipment for the Ethiopia Road Construction Project was held in China Hyway Group Limited Materials Company. The bid opening activity lasted for four days from September 14 to September 17, during which 184 sets of mechanical equipment were purchased.

The equipment purchased this time will be shipped via a bulk cargo ship from Shanghai Port on November 20, 2009, and arrive at Djibouti, the port of unloading, on December 8, 2009.