Anhui Construction Engineering Group Corp., also known as Anhui Jingdian Heavy Industry Co. Ltd. (AJHI), is a state-owned construction and engineering company based in Hefei, Anhui Province. The company provides a range of services including construction contracting, project management, and real estate development. Here are some of the latest updates from this company:
AJHI has announced plans to invest over 20 billion yuan towards expanding its businesses in the next five years. This investment is aimed at enhancing the company's core businesses, expanding overseas markets, and developing new business models. The company is looking to develop a number of large-scale infrastructure projects and also plans to increase its presence in the real estate market.
The company has been awarded several new contracts recently, including the construction of a high-speed railway in Anhui province worth 10.5 billion yuan. This project is expected to start in 2021 and is aimed at improving transportation infrastructure in the area. AJHI has also been awarded the contract to build a new logistics park in Hefei, with a construction budget of around 3 billion yuan.
In addition, the company has recently signed a strategic cooperation agreement with China Railway Corporation, aimed at jointly promoting the construction of key railway projects in China.
AJHI has been actively developing and utilizing new technologies in its business operations, such as building information modeling (BIM) and 3D printing technology. The company is also working on developing a smart construction platform which integrates various technologies including big data, artificial intelligence (AI), and the Internet of Things (IoT).
This platform is aimed at improving the efficiency of construction projects and reducing costs for clients. In addition, AJHI has established a research and development center focused on advanced construction materials, in order to provide more environmentally-friendly and sustainable solutions to construction projects.
In conclusion, Anhui Construction Engineering Group Corp. is continuing to expand its business operations and invest in new technologies to provide high-quality services to clients. With its strong financial position and extensive experience in the construction industry, the company is well-positioned to take advantage of opportunities in the growing Chinese market.
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