China Overseas Engineering Group

China Overseas Engineering Group is one of China's leading engineering contractors, primarily engaged in overseas infrastructure projects such as highways, railways, bridges, and buildings. It is a subsidiary of China Railway Group Limited and has strong competitiveness in the international engineering market.

A specialized enterprise in the field of overseas engineering contracting, backed by the resources of China Railway Group.

Product categories. Engineering contracting · Infrastructure construction · Project management

• 2009

  Polish A2 highway project abandoned after low-price bid; 200 million euro claim filed

  In 2009, a consortium led by China Overseas Engineering Group (COVEC) won two sections of Poland's A2 highway with a bid far below budget. During construction, costs spun out of control, payments to local subcontractors were overdue, and work stopped. In June 2011, the Polish road authority terminated the contract, sought about 741 million zloty (about 200 million euros), and banned the consortium from participating in Polish public tenders for several years, making it a typical lesson for Chinese enterprises 'going global.' In May 2017, the two sides reached a settlement, the relevant lawsuits were withdrawn, and the settlement amount was not disclosed.

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1. 1Polish A2 highway project abandoned after low-price bid; 200 million euro claim filedrfi.fr
2. 2Polish A2 highway project abandoned after low-price bid; 200 million euro claim filedcompanies.caixin.com
3. 3Polish A2 highway project abandoned after low-price bid; 200 million euro claim filedcovec.com