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China firm selected for Venezuela port project
  Date:09/03/10  |  From:cargonewsasia  |  Click:

         Venezuela is refurbishing its main port, Puerto Cabello, with Chinese help at a cost of US$600 million after decades of under-investment and spurred on by a scandal over rotting food, reported Reuters.

         China Harbour Engineering Company (CHEC), a subsidiary of China Communications Construction Company, will be in charge of the project to build a new container terminal. The first stage of work is estimated to cost some $600 million.

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