The authorities in the county of Fucheng in the Chinese province of Hebei have signed an agreement with Wuhan, Hubei Province-based Chinese cooperation Wuhan Haibo Road and Bridge Engineering Co. for the establishment of a facility to produce heavy structural steel products used in building bridges, as reported by Chinese media sources.
The total investment in the project will be RMB 0.3 billion ($462 million), while the planned annual output of heavy structural steel used in bridge-building is 780,000 mt. Hebei Province-based Chinese cooperation Hebei Delong Group will also cooperate in the project.