Ranken Railway Construction Group Co

Sapphire subsidiary wins $167 mil EPC contract in Chengdu

SINGAPORE (Jan 14): Sapphire Corporation, the infrastructure design and construction group in China, announced that the group’s 97.6% owned subsidiary, Ranken Railway Construction Group Co, has secured a Engineering, Procurement and Construction (EPC) contract of RMB 832 million ($166.5 million) related to its PPP project in Chengdu.

Sapphire unit wins 3 new rail contracts worth $57 mil

SINGAPORE (Dec 11): Sapphire Corporation’s subsidiary Ranken Railway Construction Group Co. has secured three new rail transit contracts in Chengdu, China worth a total of RMB 280 million ($57 million).

The main contracts, worth RMB 253 million, primarily involve the construction of two tunnels close to 3km long between Fuzhou Road Station and Xinglong Station, as well as certain open cut earthworks along the Chengdu Metro Line 18.

Sapphire wins 2 new rail infrastructure contracts worth $176 mil

SINGAPORE (Oct 12): Sapphire Corporation’s wholly-owned subsidiary, Ranken Railway Construction Group Co., has won two rail infrastructure contracts in China totalling RMB 856 million ($176 million).

The new contracts lift Ranken’s order book to a record high of RMB 3.4 billion.

See: Sapphire eyes China railway deals, cuts mining stake, mulls HK listing

Sapphire Corp wins $57 mil contract for Beijing Metro extension

SINGAPORE (Sept 12): Sapphire Corporation announced Tuesday that it has secured a RMB 276 million ($57 million) rail engineering contract for the second phase of the Beijing Metro’s Changping Line.

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