Leveraging “Belt and Road”, China Railway Construction Group Innovates Its Operation Model and Focus on Chengdu Market

DATE:2017-07-20 AUTHOR:Fu Jianmei SOURCE:The Current Website

With the adjustment of national macro policy and changes of governmental functions, at present, there are more and more investment and financing projects represented by PPP model. How can we break the operation bottleneck of conventional construction general contracting and open the market space?

Grasping the market dynamics and innovating its operation model, China Railway Construction Group has taken the infrastructure construction of Chengdu as its “test field” and expanded the market with a model of driving with two wheels “construction + investment”. At present, it has undertaken construction of projects worth over RMB 7 billion Yuan in Chengdu.

As an important node city in the construction of “Belt and Road”, in recent years, led by the construction of Pilot Free Trade Zone, Chengdu has kept speeding up its infrastructure construction and striding towards the goal of becoming a national central city. China Railway Construction Group grasps the development opportunity, takes Chengdu as a key base for its deployment, steps up its market development efforts, actively connects with high-end industries and promotes high-end operation. Earlier in 2016, it successfully won the bid of two financing and construction projects such as Southern Second Section of Yizhou Avenue of Chengdu (Wuhan Road to Nanning Road), with a contract amount of RMB 1.57 billion Yuan. It has opened the market of Chengdu.

“Focusing on PPP project, driving general contracting with financing, making efforts in emerging fields such as urban subway, municipal utility tunnels and bridges, this year, China Railway Construction Group is expected to break the threshold of RMB 10 billion Yuan in the amount of projects undertaken and operated by it in Chengdu.” Wang Ximing, deputy general manager of Infrastructure Division of the group and the general commander of the Operation Command Center of Southwestern China Region was full of confidence in developing the investment and financing market.