The Guiping second-line lock of Xijiang shipping artery, the world’s largest inland single river lock partly constructed by CCCC Fourth Harbour Engineering Co., Ltd. (CCCC 4th Harbour) was opened to navigation, CCCC press release said.
Located in Guiping, Guangxi, the lock is a major inland river project of the Ministry of Transport in the “eleventh five-year” period, as well as the only way for goods shipped from southwest China via the Zuojiang, Youjiang and Xijiang rivers. The lock was constructed in accordance with the standard of 3,000t, with a sill water depth of 0.6 meters above the lock of the Three Gorges. It is currently China’s largest inland single river lock and the world’s largest single lock.
The lock’s opening to navigation will effectively solve the problem that the insufficient through capacity of existing first-line locks restricts the economic and social development of the hinterland, will enormously enhance the navigation conditions of Xijiang shipping artery, and is of great importance to optimizing integrated traffic conditions and promoting the coordinated development of the regional economy.
China Communications Construction Company Limited (“CCCC” or the “Company”), initiated and founded by China Communications Construction Group (“CCCG”), was incorporated on 8 October 2006. Its H shares were listed on the Main Board of Hong Kong Stock Exchange with stock code of 1800.HK on 15 December 2006. The Company (including all of its subsidiaries except where the content otherwise requires) is the ?rst large state-owned transportation infrastructure group entering the overseas capital market. As at 31 December 2009, CCCC has 112,719 employees and total asset of RMB267,900 million (in accordance with PRC GAAP). Among 127 central enterprises governed by SASAC, CCCC ranked No.12 in revenue and No.14 in profit for the year.
The Company and its subsidiaries (collectively, the “Group”) are principally engaged in the design and construction of transportation infrastructure, dredging and heavy machinery manufacturing business. It covers the following business aspects: port, terminal, road, bridge, railway, tunnel, civil work design and construction, capital dredging and reclamation dredging, container crane, heavy marine machinery, large steel structure and road machinery manufacturing, and international project contracting, import and export trading services. It is the largest port construction and design company in China, a leading company in road and bridge construction and design, a leading railway construction company, the largest dredging company in China and the second largest dredging company (in terms of dredging capacity) in the world. The Company is also the world’s largest container crane manufacturer. The Company currently has 34 wholly- owned or controlled subsidiaries.