Venezuelan railway goes to China… possibly
Premium Content
04 August 2009
The China Railway Engineering Corporation (CRECG) has signed a US$ 7.5 billion contract for the design and build of the Tinaco to Anaco railway project in Venezuela.
The contract agreed between the Instituto de Ferrocarriles del Estado (The Venezuela Railway Authority) and the Venezuelan subsidiary of CRECG is now under review and consideration by CRECG in China.
Pending board approval, construction will be handled by the main Group rather than its Venezuelan subsidiary.
A statement from CRECG in China said the company will only undertake the contract if it meets full compliance with the requirements and rules governing the listing of securities on the Hong Kong stock exchange.
Flexible engine platforms are emerging as a way to balance performance, flexibility and future regulatory demands
How OEMs and operators are managing to maximise uptime for equipment that has to pass the ultimate stress test on a daily basis
From remote creek beds to inner city overpasses, crawler-mounted boom lifts are proving indispensable for bridge construction, inspection and maintenance