The China Railway Group Limited listed A shares and H shares on the stock exchanges in 2007, and began an 800 million USD high speed railway project through the agriculture belt in Venezuela.
China Railway Group Limited known as CREC (the acronym of its predecessor and parent company China Railway Engineering Corporation) is a Chinese construction company which floats in Shanghai and Hong Kong stock exchanges. In November 2007, CREC announced that it would be listing A shares and H shares on the Shanghai and Hong Kong respectively. In support of a cross country railway building boom in Venezuela, CREC began construction in 2009 of the Anaco-Tinaco railroad, an 800 million USD project to building a 471 km high speed railway line through the agriculture belt. 
