After a high-level meeting of top executives from the China Railway Construction Corporation (CRCC) and officials from the National Highways Authority of India (NHAI) on Monday, India's Ministry of Road Transport and Highways revealed China's intentions to participate in highway development projects in India.
China Rail Construction Corp delegation 11 members led by Zhao Jinhua visited NHAI committed active participation in our projects— Raghav Chandra (@raghavchandra) 12 июля 2016 г.
The state-owned Chinese enterprise is a global leader in the use of advanced cutting-edge technology and has expertise in not only the design and construction of railways, but also long span bridges, highways and large-section tunnels.
According to a Ministry statement, NHAI Chairman Raghav Chandra spoke with the CRCC delegation about the various projects it has lined up with the state-run developer, like the upgrading of two-lane highways and construction of expressways.
Chinese technical standards to be accepted only if they are higher than the prescribed standards of Indian Road Congress. #TransformingIndia— MORTHINDIA (@MORTHIndia) 13 июля 2016 г.
"They will be participating in hybrid annuity, build-operate transfer (BOT) and engineering, procurement and construction (EPC) models," Chandra said.
"The meeting was successful, as both parties promised to share the details of policies, procedures and models of constructions which will enrich and further benefit the Indian experience and expertise in the sector," the statement added.