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China Railway Group Ltd. CREC
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Legal residence:China
Organization type:Consulting organization
Funding agencies: Asian Development Bank (HQ), African Development Bank (HQ), Foreign, Commonwealth & Development Office (HQ), European Investment Bank (HQ), World Bank HQ, French Development Agency (HQ), National Highway Authority, Asian Infrastructure Investment Bank
Sectors: Civil Engineering, Roads & Bridges
Status:
Active
About
China Railway Group Limited(“CREC”) is a mega corporation group integrating survey and design, construction and installation, industrial manufacturing, real estate development, resources and mineral products, financial investment and other services headquartered in Beijing China. As one of the world’s largest construction engineering contractors, China Railway Group Limited enters World Top 500 Enterprises for 10 years in succession. In 2015, it ranks in the 71st place among Fortune World Top 500 Enterprises and the 11th place among Top 500 Chinese Enterprises.China Railway Group Limited has 46 subsidiaries, including 28 wholly owned subsidiaries, 15 holding subsidiaries, 4 branch companies and 3 joint venture subsidiaries. In the year of 2005 and 2006, China Railway was the forth and third largest construction company in the world, respectively. In 2007, CREC was ranked 342nd in the Fortune Global 500 companies, and listed the 417th in the World’s 500 Most Influential Brands and the 13th in China’s Top 500 Enterprises.
China Railway has participated in the construction of more than 22,660 kilometers of electrified railway lines, accounting for approximately 95% of the total operating length of electrified railway lines in the PRC as at 30 June 2007.
China Railway has also been involved in the construction of more than 4,230 kilometers of bridges, more than 3,900 kilometers of tunnels (excluding subways), 3,400 kilometers expressways and 566 kilometers metropolitan railways. Since the 1980s, China Railway has won more than 200 national supreme prizes in the fields of engineering, construction, research and design. China Railway has built many new records in the construction history of bridges, tunnels and electrified railway lines in the PRC, Asia as well as around the world and make an outstanding contribution to China’s infrastructure construction and macro-economic development.
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