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China Railway Construction wins 28.12b yuan in bids

By Yu Hongyan (chinadaily.com.cn)
Updated: 2009-03-12 15:01

China Railway Construction Corporation Limited (CRCC), China's largest State-owned construction enterprise, announced on Thursday that it has won bids worth 28.12 billion yuan ($4.11 billion).

The construction contractor said it will take part in the construction of four railway lines in Zhejiang, Gansu and Guangxi.

The company's operating revenue in the first three quarters of 2008 ran up to 135.33 billion yuan. Its full-year performance is yet to be released.

CRCC's operating revenue in 2007 stood at 177.49 billion yuan.