China Railway Construction wins US$2.68bn Chinese highway tenders

China Railway Construction has won tenders worth US$2.68 billion (CNY 16.67bn) to develop Chinese highways. The projects will be implemented on a build-operate-transfer (BOT) model. These are said to be inclusive of the 63.47km Liaocheng-Xiajin section of the Shandong Deshang highway, the 72.41km Yutai-Jining section of the Xuzhou-Jinan highway, and the 82.79km Xing'an-Ziyuan highway.
January 23, 2013 Read time: 1 min
6590 China Railway Construction Corporation has won tenders worth US$2.68 billion (CNY 16.67bn) to develop Chinese highways.

The projects will be implemented on a build-operate-transfer (BOT) model. These are said to be inclusive of the 63.47km Liaocheng-Xiajin section of the Shandong Deshang highway, the 72.41km Yutai-Jining section of the Xuzhou-Jinan highway, and the 82.79km Xing'an-Ziyuan highway.

For more information on companies in this article

Related Content

  • Investment in Brazilian roads, railways and highways channels falls short, says Ipea
    November 2, 2012
    Funds earmarked by the Brazilian Government to improve roads, railways and hydro channels for shipping cargo transport have not been fully spent, according to the Institute of economic research (Ipea). Federal road spending was estimated to be US $ 6.72 billion (BRL 13.62bn) in 2012, but Ipea says that so far only 48.3% $ 3.23 billion (BRL 6.58bn) of that amount has been used.
    Read More
  • China’s hoist up
    January 6, 2017
    China’s Second National Hoisting Skill Competition commenced recently at Xuzhou Heavy Machinery (XCMG), attracting 29 companies including Sinopec and CNPC. In addition, private enterprises such as Shandong Haiwan and Guangdong Lift Engineering Machinery also designated performers to attend the competition. Safety is a key focus of this event. China’s hoisting industry has grown by nearly 10 times within the past 10 years, however many accidents still occur. There is also a recognised distance between skill
    Read More
  • China’s hoist up
    November 20, 2012
    China’s Second National Hoisting Skill Competition commenced recently at Xuzhou Heavy Machinery (XCMG), attracting 29 companies including Sinopec and CNPC. In addition, private enterprises such as Shandong Haiwan and Guangdong Lift Engineering Machinery also designated performers to attend the competition. Safety is a key focus of this event. China’s hoisting industry has grown by nearly 10 times within the past 10 years, however many accidents still occur. There is also a recognised distance between skill
    Read More
  • Serbia in talks with Shandong Hi-Speed and China Road and Bridge
    October 22, 2014
    Talks are underway between the Serbian Ministry of Construction, Transport and Infrastructure and two Chinese companies for construction and maintenance the two sections of the Belgrade-Pozega part of the E-763 motorway. The two Chinese companies, Shandong Hi-Speed Group and the China Road and Bridge Corporation (CRBC), are hoping to build the 18km stretch between Surcin and Obrenovac, the 31km between Preljina and Pozega and the 103km between Obrenovac and Preljina. No value of the work has been conf
    Read More

Highlighted Content