Chinese Co to bid for highway contracts

China Railway Construction Corporation, one of the largest construction companies in the world, has evinced interest in bidding for Rs 35,000-40,000 crore worth of highway contracts in India. This will be the single largest foreign investment in the country´s roads sector if the Chinese company succeeds in fulfilling the criteria set by the government. The company also plans to bid for several expressway projects that are considered to be high traction in terms of return on investment.