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CRCC unit wins RMB28bln development and construction project

July 06, 2018


Abstract : CRCC announced that its wholly-owned subsidiary China Railway Construction Investment Group Co., Ltd won the bid for the development and construction project of Jiangmen Talent Island in south China’s Guangdong province.

CRCC

BEIJING, July 6 (Xinhua) -- China Railway Construction Corporation Limited (CRCC, 601186.SH) announced that its wholly-owned subsidiary China Railway Construction Investment Group Co., Ltd. won the bid for the development and construction project of Jiangmen Talent Island in south China’s Guangdong province.

Total investment of the project is estimated at some 28.003 billion yuan, reported Shanghai Securities News.

The project is implemented in the form of investment and financing, EPC and solid investment income, and the cooperation period is set at 10 years. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)

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Keyword: CRCC

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