TC

05/08/2015 10:22

CRCC (01186) wins bid for Rmb17.2bn Chengdu rail project

    China Railway Construction Corporation (CRCC) (01186) said it won the bid for the "design + construction contracting + investment & financing" project of Rail Transit Line No. 5 Phase I & II Project in Chengdu which will be constructed by adopting the "investment & financing + design & construction contracting + return" model, with the bid price of about Rmb17.199 billion, representing about 2.91% of the operating revenue of CRCC for the year 2014 under the PRC accounting standards. 

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