China Wuyi Co. (000797, SH) won the bid on road construction project in Ethiopia worth 13.66 billion ethiopian birrs (about 62 million US dollars), the company said yesterday.

The company is poised to reap 20 million yuan (2.92 million US dollars) in profits from the project, located in Afdera in the Ethiopia's Afar Region -- close to its borders with Djibouti and Eritrea -- per the statement.

Construction of earthwork and drainage structures, bridge building and concrete paving will be the firm's primary tasks.

Editor: Zeng Yunheng