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An announcement from China Railway Construction ( (HK:1186) ) is now available.
China Railway Construction Corporation Limited has announced that its subsidiary, China Railway 18th Bureau Group, has secured a major overseas contract to build the Emirates New Engineering Facility at Dubai World Central Airport, valued at approximately AED17.5 billion. The project, funded and developed by Emirates, covers about 1,210,000 square meters and includes maintenance hangars, paint hangars and ancillary facilities, with a construction period of 50 months.
The company describes the contract as a landmark in deepening economic and trade cooperation between China and the UAE in aviation hub development and logistics connectivity. The win underscores China Railway Construction’s strategy of strengthening high-quality overseas operations, potentially enhancing its competitive positioning in global infrastructure markets and signaling continued growth in its international project portfolio.
More about China Railway Construction
China Railway Construction Corporation Limited is a major Chinese engineering and construction conglomerate focused on large-scale infrastructure projects, including transportation, industrial facilities and related civil works. The group operates extensively in overseas markets, leveraging subsidiaries such as China Railway 18th Bureau Group to expand its footprint in strategic sectors like aviation and logistics infrastructure.
Average Trading Volume: 6,421,978
Technical Sentiment Signal: Hold
Current Market Cap: HK$97.84B
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