Mainland rail builder steps up overseas expansion pace

By Liu Yiyu | China Daily | Updated: 2009-12-22 08:00

CHENGDU: China Railway No 2 Engineering Group Co Ltd, (formerly China Railway Erju Co Ltd), the leading railway construction contractor in China, is finalizing an agreement with the Algerian government for the construction of a railway project in that nation, a senior company executive said.

China Railway No 2 Engineering Group is building a railway from Chengdu to Dujiangyan. The company expects overseas business to contribute 5 to 10 percent in the future. Huang Jinguo