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

  • Export focus for XCMG, with Latin America as key territory
    January 6, 2017
    Exports are crucial to XCMG’s growth and its aim to becoming a dominant player in the worldwide construction machinery market – Mike Woof writes One of China’s biggest construction equipment manufacturers, XCMG has a high profile, and particularly in the country’s home market. XCMG is a leader in key equipment categories such as concrete pumping and lifting technologies. The firm’s 4,000tonne crawler crane introduced two years ago has already proven its worth in a massive industrial construction appl
    Read More
  • Major Chinese road tenders are opening for bids
    October 26, 2023
    Major Chinese road project tenders are now opening for bids.
    Read More
  • Ethiopia’s building roads
    November 29, 2013
    Ethiopia is set to benefit economically from investment in a number of new key road links totalling over US$1 billion. The east African nation’s 218km Modjo-Hassan highway is expected to cost US$720 million to construct. The highway will be constructed in two stages. The first section of the route will stretch 93km from Modjo to Zeway and is expected to cost $350 million to complete. The second section of the highway will be 125km long and link Zeway with Hewassa and this stretch is estimated to cost $370
    Read More
  • Chinese construction equipment manufacturers increasing export focus
    December 2, 2013
    Chinese firms are growing their expertise in terms of products and international sales – Mike Woof reports China’s major off-highway construction equipment manufacturers have grown in a relatively short period and now number amongst the largest players in the sector. Some of the key firms are looking to boost exports and are providing tough competition, particularly in the emergent markets. Best known for its wheeled loaders, LiuGong has been developing its excavator range, with production of the E
    Read More

Highlighted Content