SMB-Winning Consortium inaugurates the Dapilon-Santou Railway Project_China Hongqiao_SMB-Winning,Consortium,inaugurates,the,Dapilon-Santou,Railway,Project

China Hongqiao Group Co., Ltd. is one of the world’s largest aluminum producer covering the entire aluminum industry chain. It is specialized in thermoelectric, mining, and producing aluminum products, holding sustainability and social welfare at its core.

China Hongqiao is one of the world’s largest aluminum producer with an annual production capacity of more than 6 million tonnes per year. Innovation-centered and quality-focused, it has a diverse product portfolio that covers the aluminum industry chain and extends into the energy sector.

As one of the largest aluminum producers in the world, China Hongqiao holds its core value of “from society and for society” and keeps committed to social welfare and environmental protection.

China Hongqiao is one of the world’s largest aluminum producers. It was listed on the Main Board of the Hong Kong Stock Exchange in 2011 and it was included as constituent stock by Heng Seng Index Co., Ltd. in 2022. By the end of 2022, its total assets reached RMB 200.34 billion and the number of its employees exceeded 40,000.

It had subsidiaries include Shandong Hongqiao New Material Co., Ltd, Shandong Weiqiao Aluminum and Electricity Co., Ltd, Shandong Hongtuo Industrial Co., Ltd, Yunnan Hongqiao New Energy Co., Ltd, Shandong Hongchuang Aluminum Industry Holding Co., Ltd, and Indonesia PT. Well Harvest Winning Alumina Refinery. which make China Hongqiao one of largest aluminum manufacturer and one of the leading aluminum product manufacturers in the globe.

China Hongqiao employs more than 43,000 workers in its 11 production bases in China and overseas. Hongqiao is dedicated to providing a healthy, safe and comfortable working environment and diverse opportunities.

China Hongqiao Group Co., Ltd. was founded in Cayman Islands and listed on the main board of Hong Kong Stock Exchange in 2011. By the end of 2018, it has a total assets of 176.7 billion yuan and more than 40000 employees. It is a large-scale enterprise integrating thermoelectricity

On June 16, 2021, the opening ceremony of the Dapilon-Santou Railway (Dapilon-Santou Railway) was successfully held at the Port of Dapilon.

The President of the Republic of Guinea, Alpha Condé, welcomed the efficacy of Winning Consortium in building the Dapilon-Santou Railway, while expressing his expectations for the future development of Simandou's project.

Crossing the Boké and Boffa regions, this 125-kilometer railway is intended to link the Santou II and Houda deposits to the river port of Dapilon. The new line includes 21 bridges, two tunnels and six deposits and is the first line built in the country since the 1970.

SMB's total investment in the Boffa-Boké project reaches US$ 3 billion, making it a major and structuring project for Guinea. It includes construction of this railway line and operation of the Santou II and Houda deposits, construction and operation of an alumina refinery subject to favorable results after a feasibility study, as well as the creation of a of an agricultural growth corridor along the railway line.

The completion and operation of the Railway will help strengthen Guinea's dominant position in the global bauxite market and it will also be used to transport other industrial and agricultural products in the later stage, contributing more value to the promotion of local economic and social development.

In addition, SMB-Winning Consortium will develop an agricultural corridor along the railway to enhance the local economic diversity and create more wealth and employment opportunities for surrounding communities.

The estimated contribution of SMB-Winning Consortium project to Guinea’s GDP is about 10%.

For more information about the project, please click here.

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