The China Business reports that the China Communications Construction Co. (CCCC) expects to gain more orders in the second half of the year.
Zhou Jichang, the Chairman, stated: “CCCC recently won three of the four tenders for the first phase of a government project to dredge the Yangtze River. The total value of the dredging project over the next few years was 14 billion yuan.”
According to Jichang, the CCCC would have more new orders in the second half than in the first.
The China Communications Construction Co. is the largest port construction and design company in China, a leading company in road and bridge construction and design, a leading railway construction company, the largest dredging company in China and the second largest dredging company (in terms of dredging capacity) in the world.
Dredging Today Staff, August 31, 2012; Image: ccccltd