Venezuelan Social Housing Project
In November 2005, CITIC Construction and the Venezuelan Ministry of Public Works and Housing officially signed an EPC contract for the Venezuelan social housing project. According to the agreement, CITIC Construction will build 20,000 apartments and corresponding supporting and public facilities in several blocks. The project will occupy an overall building area of 1.73 million square meters. As a Financing plus EPC turnkey project, it is the largest housing contract undertaken by a Chinese enterprise in Venezuela.
Venezuelan Tiuna Social Housing Project
CITIC Construction signed the EPC contract for social housing project in Ciudad Tiuna plot with the Venezuelan Ministry of Public Works and Housing on September 19, 2011. The task includes construction of 13,034 apartments of 116 residential buildings and corresponding supporting facilities.