On September 8, CRG announced that it had won a railway construction bid for section I, II, and III of the Boten-Vientiane Railway Project (also known as the China-Laos Railway), together with the Laos-China Railway Company Limited in Laos.
The total bid size is approximately RMB8.1 billion ($1.2 billion), accounting for 1.3% of the company’s RMB619 billion ($93 billion) revenue for the 12 months ending 30 June 2016. The construction period is expected to last five years.
The China-Laos Railway is seen as an integral part of the ambitious railway that China hopes to build which will run all the way from Kunming in southern China to Singapore.
The award demonstrates the group’s strong capabilities with cutting-edge technologies in railway, bridge and tunnel construction to win large-scale and complex projects overseas.
Self drilling anchor system is usually used as soil nail in railway embankment construction, which can improve the self-stability of soil mass, ensure the stability of embankment and provide frictional force, shearing resistance and tensile force in loose stratum. It also offers high operating efficiency when installed by simultaneous drilling and grouting method. Self drilling anchor system is an economical and environmental supporting method for embankment reinforcement.