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

  • Italian equipment association UNACEA is optimistic for the Chinese market
    November 26, 2014
    The Italian pavilion at bauma China 2014 has been organised jointly by Monacofiere and UNACEA and shows how Italian firms are keen to grow sales in China. The Chinese market for construction equipment is not strong at present however, compared with the peak achieved in 2011. According to Off-Highway Research, the Chinese market for construction machines was worth some €17.4 billion in 2013. However the outlook for 2014 is negative and expected to have dropped 14% by the end of the year to som
    Read More
  • Italian equipment association UNACEA is optimistic for the Chinese market
    January 6, 2017
    The Italian pavilion at bauma China 2014 has been organised jointly by Monacofiere and UNACEA and shows how Italian firms are keen to grow sales in China. The Chinese market for construction equipment is not strong at present however, compared with the peak achieved in 2011. According to Off-Highway Research, the Chinese market for construction machines was worth some €17.4 billion in 2013. However the outlook for 2014 is negative and expected to have dropped 14% by the end of the year to som
    Read More
  • Chinese firms at CONEXPO/CON-AGG
    May 5, 2017
    Nearly 130 original equipment manufacturers and their supply Chinese supply chain component makers were represented – the most at any previous CONEXPO/CONAGG event. OEMs included XCMG, Sany, Zoomlion, Shantui, Sunward, LiuGong and SDLG.
    Read More
  • Bangladesh elevated expressway contract awarded
    November 22, 2021
    The contract for an important Bangladesh elevated expressway contract has been awarded.
    Read More

Highlighted Content