Anthem of CREC—“Trailbreaker”
CREC released a statement on August 6, announcing that the company had recently won several major bids worth of about 30.7 billion yuan in total. The amount accounts for 3.62 percent of the company’s earnings in 2019 by accounting standard in China. China Railway Construction Engineering Group under CREC won the bid of the Supreme Court project in Dodoma, Tanzania. The contract amount is TZS 129.7 billion, accounting for 1.31 percent of the total contract value the company has won recently. The Tanzanian project is expected to be completed in 30 months. (Source: Office of CREC Board of Directors)
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