Chinese firm branching out

A Chinese construction firm has managed to win a series of key highway contracts in China as well as overseas. The China Railways Group has contracts worth a total of US$1.58 billion in total for infrastructure projects.
March 22, 2012 Read time: 1 min
A Chinese construction firm has managed to win a series of key highway contracts in China as well as overseas. 890 China Railway has contracts worth a total of US$1.58 billion in total for infrastructure projects. In China’s Guangdong province the company will build two expressways. In Zhongshan the firm has a 30 month deal for an expressway while the other project will take around 24 months to complete. Meanwhile in Venezuela the firm will upgrade a railway track in a deal worth $113 million while in Angola the company will build 5,000 housing units.

For more information on companies in this article

Related Content

  • Angola infrastructure contracts for Chinese firms
    July 4, 2016
    Chinese funding will finance a series of infrastructure projects in Angola. The funding for the projects is being provided by China Credit Line (LCC), with the 15 projects worth a total of US$631 million. Some of the work will be carried out by local contractors while Chinese companies will handle others now that the projects have been awarded by the Angolan Government. One of the largest projects is for the $59.4 million upgrade of a road in Lunda Sul Province, which will be handled by Chinese firm China N
    Read More
  • Chinese investment
    February 6, 2012
    China's Ministry for Transport reveals that it beat its target for upgrading rural roads during 2009. Some 381,000km of rural roads were improved, beating the target of 300,000km by a considerable margin.
    Read More
  • New Chinese road works underway
    August 23, 2022
    New Chinese road works are now underway.
    Read More
  • Chinese firms win major Ethiopian road construction projects
    January 22, 2014
    Road construction projects worth around US$335 million (ETB 6.5 billion) combined have been awarded by the Ethiopian Roads Authority (ERA) to three Chinese companies, as part of the fourth Road Sector Development Programme. According to a Fortune report, a $25.04 million (ETB 485 million) contract was awarded to China Railway Seventh Group Co for building a 44km long road in Zagora, and five 30m bridges. Another company, China Railway No.3 Engineering Group Co, secured a $72.3 million (ETB 1.4 billion) dea
    Read More

Highlighted Content