China Railway Construction wins $2.6 bln bids in Libya

www.chinaview.cn 2008-02-18 00:57:14

BEIJING, Feb. 17 (Xinhua) -- China's leading railway contractor has won the bids to build two major railways in Libya, which together are worth about 3.2 billion dinars (2.6 billion U.S. dollars), according to the company.

The two contracts won by the China Railway Construction Corporation (CRCC) are a west-to-east coastal railway from Khums to Sirt and a south-to-west railway that would facilitate iron ore transportation from southern city Sebha to Misurata as well as passenger transportation along the line.

http://news.xinhuanet.com/english/2008-02/18/content_7620265.htm

Construction firm eyes bigger slice of power projects market

By: Olivia Spadavecchia

Published: 18 Feb 08 - 17:59

Construction firm Group Five CEO Mike Upton said on Monday that there would be "fairly significant" opportunities for the company in the development of small to medium gas or diesel-fired power plants that could counteract the current power supply shortages.

When asked about what growth prospects the energy crisis would present for the group, Upton told Engineering News Online that "industry's hands were not tied" until Eskom's first new power stations under its expansion plan came on stream in 2012.

http://www.engineeringnews.co.za/article.php?a_id=127199