China Railway Construction Wins 18.5 Billion Yuan of Contracts

China Railway Construction Corp. (1186), builder of more than half the nation’s railroads, said a unit won two contracts worth 18.5 billion yuan ($2.7 billion).

The first rail project will link Nanning and Guangzhou, and the second will connect Chongqing with Lanzhou, China Railway said in a statement to the Shanghai stock exchange today. The order value is equal to 10.4 percent of China Railway’s revenue in 2007, it said.

To contact the reporters on this story: Judy Chen in Shanghai at

To contact the editor responsible for this story: Sandy Hendry at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.