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China Railway Construction to take part in Indian projects

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China Railway Construction to take part in Indian projects

China Railway Construction Corporation Ltd (CRCC), a Chinese government-owned company, examines the opportunity to take part in Indian National Highways Authority's projects, NDTV reports citing official sources.

The deal has been discussed by the CRCC Chief Economist, Zhao Jinuha, with Chairman of Indian National Highways Authority, Raghav Chandra, over the course of their meeting in New Delhi.

The issue concerns the projects lined up for upgradation of two-lane national highways of 50,000 kilometers, 15,000 kilometers expressway projects and a part of the National Highways Development Program.

According to the statement, China Railway Construction Corporation Ltd in interested to be engaged in these projects under engineering, procurement and construction, as well as hybrid annuity model.

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