BRIEF

on China Railway Construction Corporation (isin : CNE100000981)

China Railway Construction Corporation Advances Railway Modernization Efforts in Early 2024

China Railway Construction Corp Ltd. (CRCC) has reported substantial achievements in the railway sector, with national fixed-asset investments totaling RMB 65.2 billion during January and February 2024, marking a 9.5% increase from the previous year. These efforts are part of a broader initiative to modernize China's railway infrastructure.

The company has efficiently resumed work post-Chinese New Year, advancing on 138 sites across 40 projects. Notable progress includes the initiation of the Xinjiang Jiangjunmiao to Naomaohu Railway and the Chizhou to Huangshan High-Speed Railway in Anhui Province. These projects highlight CRCC's advancements in control engineering and construction technology.

In alignment with the "Belt and Road" Initiative, CRCC is actively engaging in significant engineering projects that foster international cooperation and regional development. The company emphasizes the use of cutting-edge technology and sustainable practices to ensure resource optimization and minimal environmental impact.

Mr. Wang Xianjun, Deputy Manager of China Railway 11th Bureau Group Co., LTD, affirms the company’s strategic international collaborations and commitment to sustainability. CRCC's proactive global engagements and robust project execution strategies underscore its role in propelling railway modernization and connecting regions.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all China Railway Construction Corporation news