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Venezuela Tinaco—Anaco Railway Project

According to the EPC contract entered into by and between CREC and IAFE (Instituto Autónomo Ferrocarriles del Estado) of Venezuela on July 30, 2009, CREEC was entrusted to undertake the survey and design work for the Project. The Project is under construction now. It is a large-scale transport infrastructure project based on the mutual cooperation of China and Venezuela under the framework agreement reached by the two governments, and also ranks the largest project undertaken by China so far in overseas railway market.