Titan CCCC in revenue push abroad
By Zhong Nan and Jing Shuiyu | China Daily | Updated: 2016-11-25 08:03
Construction group to substantially boost overseas sales to 50 percent by 2035
China Communications Construction Co Ltd, one of the country's largest infrastructure project providers by market share, will boost its overseas sales revenue to 50 percent of the total by 2035 via diversified operation models, machinery exports, overseas merger and acquisition, said its top executive.
The company's global sales accounted for 33 percent of its annual sales revenue in 2015, thanks to fast-growing business in countries along the Belt and Road Initiative, including Mombasa-Nairobi Standard Gauge Railway in Kenya, construction work of Gwadar Port in Pakistan, and Sri Lanka's Colombo International Financial City project.
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