TravelLodge.info
World Travel Guide
travellodge.info
Asia : China Business : Chinese Foreign Investment


China opens railway station design market


Updated: 2006-04-22 10:49
China has decided to further open its railway station design market by offering over 200 new stations for public bidding. The engineering design center under the Chinese Ministry of Railways held a briefing on Thursday in Beijing for nearly 90 domestic and overseas construction design companies.

According to the ministry, China will open up bidding for the design of over 200 railway stations along the 7,000 kilometers of new express railways to be built in China during the 11th five-year period between 2006 and 2010.

More than half of these new stations will be in middle-sized and large cities, said sources with the ministry.

China made its initial step toward opening the railway station design market in 2003 when the design project of Beijing's new south railway station was opened to the world.

The Chinese Ministry of Construction and the Ministry of Railways jointly announced to further open the railway construction market to non-railway-related companies, beginning this week.

Besides the design market for railway projects, both railway construction and project auditing markets will also be opened to domestic and overseas construction companies.

Industry insiders said China is facing a huge railway construction market in the years before 2020, during which the country's railway length will be extended from the current 74,000 kilometers to 100,000 kilometers.

An opening railway construction market in China will surely inject new life into China's large-scale strategy of railway development, experts said.

Asia : China Business : Chinese Foreign Investment
China opens railway station design market
China has decided to further open its railway station design market by offering over 200 new stations for public bidding. The engineering design center under the Chinese Ministry of Railways held a briefing on Thursday in Beijing for nearly 90 domestic and overseas construction design companies.


© Copyright 2005 by travellodge.info

Chinese Foreign Investment
Latest Headlines
China opens railway station design market
China grants US$350 mln to foreign investors
Japan to freeze loans to China over bad ties
China sets higher threshold for foreign insurers
Overseas ventures crucial for Chinese firms
Chinese overseas investment eased
China's foreign direct investment drops
Broaden investment horizons
China have New rules for foreign investors in steel sector
Siemens starts job cuts in handsets
China Mobile PTCL bid fails
Chinese insurers approved to invest in overseas stocks
New rules bring foreign cash on track
Siemens sells mobile phone biz to BenQ
SigmaTel sets up office in China
Boeing seals mammoth deals
HongKong investment to help 3,500 Hunan projects

World Travel 
 
 Asia
 China
 China Business
 Business General
 China Automation
 China Banking
 Chinese Energy Industry
 Chinese Foreign Investment
 Chinese Law
 Currency System
 Economic Growth
 Import & Export
 Medicine Industry
 Real Estate
 Stock Market & Futures
 
 Europe
 Germany Travel Guide
 Italy
 Russia
 United Kingdom
 
 North America
 Canada
 Mexico
 United States
 
 Travel Adviser
 Travel Insurance
Search