Sichuan Road and Bridge Group explained

Sichuan Road and Bridge Group
Type:State-owned enterprise
Industry:Construction, gold mining
Location City:Sichuan
Location Country:China
Homepage:Official website

Sichuan Road and Bridge Group (abbreviated as SRBG) is a Chinese engineering company which builds civil works in domestic and international projects. Through a subsidiary, Sichuan Road & Bridge Mining Investment Development Corp. Ltd., it is also involved in gold mining.

International projects

Most of the company's business is in China but it also carries out work in Eritrea, Norway, Tanzania, Cambodia, and the United Arab Emirates.[1]

The company has had an especially long standing relationship with Eritrea with both Chinese and Eritrea officials calling the company a positive force in bilateral relations.[2] In Eritrea it has built several major civil works including roads and hospitals and employed 3,000 local employees.[2]

Mining

The company is also involved in gold mining in Eritrea. Through its subsidiary, Sichuan Road & Bridge Mining Investment Development Corp. Ltd., purchased a 60% stake in gold mining asset from the Australian mining company Sunridge Gold for $US65 million in November 2015.[4]

Notes and References

  1. News: Engineered for Success. Chinafrica. February 2013.
  2. News: Ni. Yanshuo. China-Eritrea Friendship Builders. Beijing Review.
  3. News: Chinese company to build longest bridge in Northern Norway. Barents Observer.
  4. Web site: Sichuan Road & Bridge Mining Investment Development purchases Sunridge Gold by way of asset deal for US$65 million (C$85 million). Faskin Martineau.