Sany turns to Russia for more construction deals

Machinery company signs strategic pact for several infrastructure projects in Kostroma city

Industrial machines maker Sany Group Co Ltd has signed a strategic cooperation agreement with officials in the Russian city of Kostroma, on a series of joint-venture infrastructure projects.

The arrangement will allow Sany, which is China's largest heavy machinery manufacturer, to become involved in the construction of ring roads, a new bridge across the Volga River, and social housing in the historical city, which is part of the Golden Ring of Russian towns at the confluence of the Volga and Kostroma rivers in the west of the country.