Greater China

Rongsheng inks major non-marine contract

Shanghai: China’s largest private shipyard, Rongsheng Heavy Industries has been awarded a contract to build the steel structure for Hutong Yangtze River Bridge, a new bridge on the Yangtze River which will be 1092 meters long and connect Shanghai and Nantong.

“At the same time of developing our shipbuilding and offshore businesses, we also see non-marine businesses like steel structure as a new direction for strategic transformation. The contract is an important landmark of Rongsheng’s expansion into multi-sector businesses,” said Chen Qiang, chairman of Rongsheng. [03/03/14]

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