On November 24, 2021, the Huancavilica Road Upgrade and Reconstruction Project in Peru, which was won by the consortium formed by CMEC and Zhejiang First Hydropower Construction Group Co., Ltd., was officially launched. Peruvian President Pedro Castillo, Deputy Minister of Transport Fabiola-Caballero, Huancavilica Regional Government Chairman Mathiste Diaz, Vice-Chairman Guillermo Tres attended the groundbreaking ceremony.

At the ceremony, President Castillo said in his speech: "The farmer brothers of Huancavelica have been working hard all the time, hoping to sell their own agricultural products in exchange for living expenses, but it is because of our road conditions. It takes too long, and the agricultural products cannot be sold, causing great losses to farmers. We have promised that we will definitely solve this problem. The Wankavelika highway upgrading project will directly benefit tens of thousands of local residents. I believe With the help of Chinese friends, meticulous planning and scientific construction, our project will be successfully completed and bring benefits to the farmers and the people."

Subsequently, President Castillo announced the official start of the Huancavelica road upgrade project. Under the joint hammer swing of the vice chairman of the Huancavelica regional government and the representatives of the consortium, a traditional Indian pottery tied with a red string was crushed, and the cornerstone broke out; the cornerstone was laid down and the shovel concrete was used to indicate The project started smoothly.

The chairman of the Huancavelica Regional Government reviewed the arduous process of the project from initiation to bidding. He pointed out that since the 1990s, local residents have continuously put forward their needs, and the regional government organized the project design in 2014. After the joint efforts of previous governments, a project bid was finally launched this year, and a consortium of Chinese companies with international project management technology and advanced construction experience won the bid. He believes that the two Chinese companies will complete the project on schedule with high quality and create direct jobs for local residents. Local city and town leaders and villagers were extremely excited and expressed their eager expectations for this project. Keywords: One Belt One Road, One Belt One Road News, One Belt One Road Project, Overseas Projects

The total length of the project is 31 kilometers, the total contract value is 185 million soles (approximately RMB 295 million), and the construction period is 360 days. The project was jointly contracted by CMEC and Zhejiang Hydropower on September 27, 2021. It is the first road project and the second country that CMEC has won in Peru after winning the drinking water and sewage expansion projects in the three major districts of Lima. The project opened a new chapter for the company's deep cultivation in the Peru market, and also demonstrated CMEC's strength and determination to continue to deepen the Latin American market in a difficult period of "going out" in the post-epidemic era. Editor/XuNing