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Chinese company wins railway project in Montenegro, enters Europe

Staff writer ▼ | October 16, 2015
A Chinese construction company CCECC said it has won a bid to renovate a railway section in Montenegro, the latest step by Chinese firms in exploring the overseas rail market.
Expanding overseas   Rail tracks between Kolasin and Kos
China Civil Engineering Construction Corporation (CCECC), a subsidiary of China Railway Construction Corporation, said it will repair 9.86 km of rail tracks between Kolasin and Kos in the southeastern European country.

The project will be funded by the European Bank for Reconstruction and Development.

The CCECC called the project a "breakthrough," saying it paved the way for the company to enter central and eastern European markets.