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CRCC wins 15bln USD contracts related to Belt and Road Initiative

BEIJING
2016-03-30 16:05

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China Railway Construction Corporation Limited (CRCC) has win 15.11 billion U.S. dollars worth of contracts related to the Belt and Road Initiative by March this year, according to its general manager Qi Xiaofei.

By far, the CRCC has set up overseas institutions or begun project construction in 37 countries along the route of the Belt and Road Initiative, Qi was quoted as saying by Securities Times.

Qi said that a total of 111 projects are now under construction by now, while a batch of influential projects including high speed railways from Turkey's capital Ankara to Istanbul and light rail in Saudi Arabia's Mecca, have been completed.

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