On Nov 19 2018, the group announced that Ranken and its consortium partners had secured a PPP project to carry out investment and financing, design, build, operate and transfer works for the first phase of Wuhou District, “Liveable River Bank” project in Chengdu, Sichuan province, China.
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.
The scope of work related to the EPC contract includes engineering, procurement and construction works associated with the water environment protection, ecological restoration, flood control measures, building infrastructures and lifestyle amenities of this PPP project.
