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

  • Beijing's BICES reflects China's economic growth
    February 27, 2012
    The busy BICES show reflects China’s booming infrastructure investment and growing economy – Mike Woof reports. The recent BICES trade show in capital Beijing was extremely busy, with high visitor attendance levels and crowded aisles. The interest in the event strongly reflects the country’s massive infrastructure growth, which continues to develop. The construction equipment business has been identified as a key economic priority by the Chinese Government, with manufacturers being offered numerous incentiv
    Read More
  • Asian bitumen producers look overseas for business opportunities
    March 4, 2015
    While demand in some parts of Asia is strong, other countries such as China have been suffering from oversupply - World Highways reported from the Argus Asia-Pacific and Middle East Bitumen Conference in Singapore. Asia overtook the Americas as the world’s largest consumer of bitumen in 2012, with China accounting for the lion’s share – nearly two-thirds – of consumption. However, attendees at the Argus Asia-Pacific and Middle East Bitumen Conference held in Singapore on 24th-26th September last year heard
    Read More
  • STRABAG wins tricky Polish project
    March 21, 2012
    Austrian construction firm STRABAG has won a major road contract from Poland’s General Directorate for National Roads and Highways (GDDKiA). The deal is for the construction of a 40km section of the S8 Expressway between Walichnowy and Sieradz Poùudnie, some 240km to the south west of capital Warsaw.
    Read More
  • China’s Henan Province is spending on road development
    October 4, 2021
    China’s Henan Province is spending heavily on road development works.
    Read More

Highlighted Content