hypocritexposer
Well-known member
China State Construction nets $100m US subway deal
By Liu Yiyu (China Daily)
Updated: 2009-11-24 08:11
China State Construction Engineering Corp, the largest contractor in China, has bagged a subway ventilation project worth about $100 million in New York's Manhattan area, marking the construction giant's third order in the United States' infrastructure space this year.
The contract was given to China Construction American Co, a subsidiary, the Wall Street Journal quoted a source as saying.
"The new project, along with the $410-million Hamilton Bridge project and a $1.7-billion entertainment project it won earlier this year, signals China State Construction's ambition to tap the American construction market," said Li Zhirui, an industry analyst at First Capital Securities.
http://www.chinadaily.com.cn/bizchina/2009-11/24/content_9028469.htm