Company

China Civil Engineering Construction Corporation Ltd. (CCECC)

Trade risk

China.

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Summary

"China Civil Engineering Construction Corp announced on Tuesday it signed a rail contract worth 3.53 billion yuan ($543.6 million) with Iran. CCECC is a subsidiary of state-owned China Railway Construction Corp, a major construction group with business in more than 60 countries and regions, its website reported. The subsidiary signed the contract with Iran’s Construction & Development of Transportation Infrastructures Company to develop a 263-kilometer railroad, according to an announcement CRCC sent to the Shenzhen Stock Exchange on Tuesday, the Chinese daily." (January 4, 2018). (https://financialtribune.com/articles/economy-domestic-economy/79296/chinese-company-signs-rail-deal-with-iran)

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