China Railway Wins $5.74bn in Contracts

2 September 2010 (Last Updated September 2nd, 2010 18:30)

China Railway Construction has won bids for 11 rail construction contracts to build various sections of the Shanghai-Kunming passenger railway. The contract, worth CNY39.1bn ($5.74bn), will involve the construction of five projects in Hunan province and six in Guizhou province.

China Railway Construction has won bids for 11 rail construction contracts to build various sections of the Shanghai-Kunming passenger railway.

The contract, worth CNY39.1bn ($5.74bn), will involve the construction of five projects in Hunan province and six in Guizhou province.

A rail line between Kunming and Changsha in Hunan province, and a new section of the Shanghai-Kunming railway, will also be built under the contract, according to. capitalvue.com.