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Article: China: China Railway Group Won Biggest Railway Building Order.

Article from:
TendersInfo
Article date:
November 5, 2009
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Byline: rakshali03

China Railway Group Ltd. (SHSE: 601390; SEHK: 0390) lately held a mass pledge meeting for its EPC (engineering, procurement, construction) contract upon a railway project in north Venezuela. It is the biggest railway construction order that a Chinese company wins in overseas markets. Upon the agreement inked on July 30, 2009, China Railway Group should be responsible for construction of a 4715.5-kilometer railway section in north Venezuela, and total investment is USD 7.5 billion. Before this yearend, three civil engineering projects are scheduled to break earth, and the camp construction will be completed.

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