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          BIZCHINA> Top Biz News

          


          

          
          		

          

          


          

          


          

          



          

          


 

          


          


 

          


          

          


 

          



          Sinohydro wins 4.9b yuan railway construction contract
          


          By Yu Hongyan (chinadaily.com.cn)
          
 Updated: 2009-03-09 17:44
          



 

          

          Sinohydro, China's leading hydraulic construction contractor, has won the bid to construct a 72.79 km railway in Jiangsu province, part of the railway connecting Nanjing and Hangzhou, according to a statement posted on the State-owned Assets Supervision and Administration Commission (SASAC) website
          


          

          

          


          


          


          


          


          


          


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          Sinohydro wins 4.9b yuan railway construction contract Private and government capital make rail project
          

          
          		

          
          

          
          		

          
          

          
          		

          
          

          

Value of the deal is worth 4.94 billion yuan ($722 million).
          


          The Beijing-based company's business ranges from transport infrastructure, dredging and reclamation to hydropower and hydraulic works. In 2008 it entered the railway construction market.
          


          The 248.96 km Nanjing-Hangzhou railway is expected to be operational in three years.
          


          

          (For more biz stories, please visit Industries)
          

          

          

 



 



          


          


 

          

          

          


          

          


 

          


          


 

          


          


 

          


          


          


 

          

          

          
          		

          

          








           
          


           
          



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