The newly established branch company will be responsible for the construction, operation and management of ships.
At the same time, the company has signed a contract with China Merchants Industry Holdings for the construction of a 2,200-tonne crane vessel.
“The crane vessel will become a key asset of the group. We are looking for more cooperation opportunities in each party's niches,” said Ji Zunzhong, general manager of China Railway Construction Bridge Engineering Bureau Group.
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