China Railway Construction secures 630.37 bn yuan in new projects

China Railway Construction Corporation (CRCC) has secured 14 major project contracts with a combined value of 630.37 billion yuan. These projects collectively represent 5.91% of the company's audited operating income for 2024. The announcement details significant infrastructure developments across China and internationally, ranging from high-speed railways and urban transit to university infrastructure and port expansions.

Key domestic projects include the Nanjing to Hefei high-speed railway, the Guangzhou section of the Hong Kong University of Science and Technology project, and the Changsha to Ganzhou high-speed railway. International ventures include the Saudi King Saud University infrastructure project and the Tanzania-Zambia Railway active project.

The largest single contract, valued at 81.12 billion yuan, is the Saudi King Saud University infrastructure and supporting facilities relocation project, undertaken by a joint venture of China Railway Construction and China Railway Construction Engineering. Other substantial awards include the Nanjing to Hefei high-speed railway and related works (49.30 billion yuan) and the Guangzhou section of the Hong Kong University of Science and Technology project (38.61 billion yuan).