Local contractors set sail overseas

Market growth expected in Latin America, Vietnam, Sri Lanka

China's overseas construction and engineering sector enjoyed 37 percent growth in 2009 and is expected to expand another 10 percent this year, according to China International Contractors Association yesterday.

Emerging markets such as Latin America, Vietnam and Sri Lanka are expected to become driving forces for 2010 growth, while Africa and Asian nations like India will remain major markets, said Zhang Xiang, a spokeswoman for the association.