19 September 2018

CRCC wins 7 bln yuan rail construction contract, filing says

China Railway Construction Co. Ltd. (CRCC) (601186.CN) was selected as general contractor of a rail financing and construction project under a build-transfer model for the second phase of Chongqing’s rail transit system, according to a regulatory filing late Thursday. The contract’s value of 7 billion yuan (US$1.15 billion) is equivalent to 1.14 percent of the company’s revenue for 2012, the filing said.

– Contact HKEJ at [email protected]



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