Railway infrastructure specialist

CRCG steps up expansion as B&R Initiative creates opportunities worldwide

China Railway Construction Group Co Ltd or CRCG will quicken its overseas expansion in the coming years to exploit growth opportunities presented by the Belt and Road Initiative.

A builder of railway-related infrastructure like stations, staff housing, office buildings, departmental hospitals and hotels, CRCG is expecting a 25 percent increase to 100 billion yuan ($15.4 billion) in its contract value this year.