boletus
10 Jun 2011
News / Tusk drops Chinese COVEC building the A2 motorway in Poland [83]
You are welcome.
I was waiting for some news regarding negotiations with COVEC. It looks to me that the Chinese are playing the same foxy ball, but dressing their requests differently each time - using delaying tactics. I'll be tempted to say at this point: screw them, take a Polish company, paid them 0.6-1 billion more and let them go to work asap.
Below is my translation of some news from TVN24:
Deputy head of the GDDKiA (General Directorate for National Roads and Motorways), Andrzej Maciejewski, announced on midnight last Thursday that the Chinese company COVEC have offered new conditions of work on highway A2.
- This afternoon the company provided us with an important information about their proposed amendments, regarding the scope of work, which in their opinion is possible to implement on these sections of the A2 motorway, and the new financial conditions that are associated with it. We will be analyzing this data - he informed waiting reporters.
- These new financial conditions, according to the consortium, will lead to acceleration of works on construction of the motorway A2, so the finishing date will be kept as defined in initial contract - he added.
Mr. Maciejewski, did not say whether the proposed price is higher than previously ageed. - I will remain reserved in that assessment - he said, explaining that it requires a prior analysis of the presented conditions.
He reported that on Friday afternoon, the Chinese shall provide detailed information on questions asked by GDDKiA. He did not specify what kind of information. Analysis of these documents will take until Monday, June 13. - We will present our position on Monday - (...) whether it is acceptable or not, whether it makes sense or not, and whether it lawful and in accordance with the contract - he said.
You are welcome.
I was waiting for some news regarding negotiations with COVEC. It looks to me that the Chinese are playing the same foxy ball, but dressing their requests differently each time - using delaying tactics. I'll be tempted to say at this point: screw them, take a Polish company, paid them 0.6-1 billion more and let them go to work asap.
Below is my translation of some news from TVN24:
Deputy head of the GDDKiA (General Directorate for National Roads and Motorways), Andrzej Maciejewski, announced on midnight last Thursday that the Chinese company COVEC have offered new conditions of work on highway A2.
- This afternoon the company provided us with an important information about their proposed amendments, regarding the scope of work, which in their opinion is possible to implement on these sections of the A2 motorway, and the new financial conditions that are associated with it. We will be analyzing this data - he informed waiting reporters.
- These new financial conditions, according to the consortium, will lead to acceleration of works on construction of the motorway A2, so the finishing date will be kept as defined in initial contract - he added.
Mr. Maciejewski, did not say whether the proposed price is higher than previously ageed. - I will remain reserved in that assessment - he said, explaining that it requires a prior analysis of the presented conditions.
He reported that on Friday afternoon, the Chinese shall provide detailed information on questions asked by GDDKiA. He did not specify what kind of information. Analysis of these documents will take until Monday, June 13. - We will present our position on Monday - (...) whether it is acceptable or not, whether it makes sense or not, and whether it lawful and in accordance with the contract - he said.