Hainan Zhenghe Industrial Group's (600759) wholly-controlled subsidiary in Beijing won a 469 million yuan contract from Beijing Reliance Land Development to construct affordable houses, roads, land leveling and provide related equipment, reports stcn.com, citing a company filing.
The BT (Build-Transfer) model will be used for the construction project, which is scheduled to be completed within 18 months.
SOURCE: capitalvue.com
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