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"The Chinese consortium Covec, which is building 50 km of the A2 motorway between Łódź and Warsaw at half price, cannot find subcontractors in Poland”, leads Dziennik Gazeta Prawna. In order to complete the job worth 1.3 bn PLN (€330m) before Euro 2012, the Asian concern will have to win the support of Polish construction companies that accuse it of price-dumping. Covec has asked 26.5m PLN (€6.8m) per kilometre of the motorway – much less than its Spanish, Polish and Austrian competitors. According to the Warsaw-based daily, the problems for the Chinese company are not necessarily related to the value of the contract or the dumping accusations.“The Western corporations are concerned that the success on the Polish market would pave the way to Europe for Covec,” suggests DGP, adding that “fearing suspiciously cheap competition, they do not want to help the Chinese to finish the project on time."
A conversation with investigative reporters Stefano Valentino and Giorgio Michalopoulos, who have dissected the dark underbelly of green finance for Voxeurop and won several awards for their work.
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