The China Communications Construction Group (CCCG) recently signed two project agreements requiring a total investment of 3.483 billion US dollars, according to website of the State-owned Assets Supervision and Administration Commission (SASAC) on Friday.
The China Road and Bridge Corporation under the CCCG signed a memorandum of cooperation on Tuesday with the Tehran Shomal Freeway Company about a freeway project requiring a total investment of 2 billion US dollars.
Meanwhile, the China Communications Construction Company (601800.SH) under the CCCG signed a contract last Saturday with the Kenya Railways Corporation about Nairobi-Nawasha railway project requiring a total investment of 1.483 billion US dollars.
The CCCG has two listed companies in China's A-share market, including the China Communications Construction Company and Zhenhua Heavy Industry Co., Ltd (600320.SH).
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