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8 months ago
BRIEF-Power Construction Corp of China plans infrastructure, hospital projects, unit to invest in U.S.
December 7, 2016 / 1:10 PM / 8 months ago

BRIEF-Power Construction Corp of China plans infrastructure, hospital projects, unit to invest in U.S.

Dec 7 (Reuters) - Power Construction Corp Of China Ltd

* Says board approves units to form project JV for infrastructure PPP projects worth 621 million yuan ($90.27 million) in Chengdu

* Says board approves unit to invest up to 623 million yuan in hospital expansion project

* Says board approves unit to set up subsidiary in the U.S. to invest in project worth $194.5 million in San Francisco with Lennar Multifamily Communities

Source text in Chinese: bit.ly/2h5HhRI

Further company coverage: ($1 = 6.8790 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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