China Railway Group has won a contract worth $4.8bn to build a 307km railway in Indonesia.
The south Sumatra project has been awarded by Indonesian state-owned company PT Bukit Asam through its subsidiary PT Bukit Asam Transpacific Railway.
China Railway is expected to invest $1.3bn in the design and construction of the railway project and $3.5bn for its maintenance, according to Reuters.
The contract includes four years of construction and an operational period of 20 years.
China is investing an average of CNY700bn ($102.5bn) a year in rail construction.