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http://economictimes.indiatimes.com...ng-highways-in-India/articleshow/55600468.cms
China evinces interest in constructing highways in India
PTI
PublishedNov 25, 2016, 1:34 am IST
UpdatedNov 25, 2016, 2:59 am IST
A high-level delegation from the CRCC has shown interest in projects of National Highway Authority of India (NHAI).
China Railway Construction Corporation Ltd, in 2015, was ranked 79th among the Fortune Global 500
New Delhi: China’s state-run engineering giant CRCC has shown interest in participating in projects related to construction of highways by the NHAI, Parliament was informed on Thursday.
“A high-level delegation from the CRCC has shown interest in projects of National Highway Authority of India (NHAI),” minister of state for road transport and highways P. Radhakrishnan told Lok Sabha. The minister has set an ambitious target of building 15,000 km of roads and award another 25,000 km projects in this fiscal, which is about two-and-a-half times higher than last year.
“CRCC has also shown interest to participate in the upcoming projects of NHAI under Engineering, Procurement and Construction (EPC) and Hybrid Annuity Model,” he added.
China Railway Construction Corporation Ltd, in 2015, was ranked 79th among the Fortune Global 500
The business of China's largest engineering contractor covers project contracting, survey design consultation, real estate development, logistics, industrial manufacturing, trade of goods and materials as well as capital operations.
Its overseas business, spread in over 60 countries and regions, includes building Tanzam Railway (Tanzania-Zambia) and USD 8.3 billion Nigerian Railway Modernisation Project. CRCC is the first Chinese contractor to have entered the overseas market.
China evinces interest in constructing highways in India
PTI
PublishedNov 25, 2016, 1:34 am IST
UpdatedNov 25, 2016, 2:59 am IST
A high-level delegation from the CRCC has shown interest in projects of National Highway Authority of India (NHAI).
China Railway Construction Corporation Ltd, in 2015, was ranked 79th among the Fortune Global 500
New Delhi: China’s state-run engineering giant CRCC has shown interest in participating in projects related to construction of highways by the NHAI, Parliament was informed on Thursday.
“A high-level delegation from the CRCC has shown interest in projects of National Highway Authority of India (NHAI),” minister of state for road transport and highways P. Radhakrishnan told Lok Sabha. The minister has set an ambitious target of building 15,000 km of roads and award another 25,000 km projects in this fiscal, which is about two-and-a-half times higher than last year.
“CRCC has also shown interest to participate in the upcoming projects of NHAI under Engineering, Procurement and Construction (EPC) and Hybrid Annuity Model,” he added.
China Railway Construction Corporation Ltd, in 2015, was ranked 79th among the Fortune Global 500
The business of China's largest engineering contractor covers project contracting, survey design consultation, real estate development, logistics, industrial manufacturing, trade of goods and materials as well as capital operations.
Its overseas business, spread in over 60 countries and regions, includes building Tanzam Railway (Tanzania-Zambia) and USD 8.3 billion Nigerian Railway Modernisation Project. CRCC is the first Chinese contractor to have entered the overseas market.
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