China Railway Group Limited (China Railway, 601390.SH) announced Thursday that the company has earned an Indonesia coal transportation contract worth 4.799 billion U.S. dollars, equivalent to 13.96 percent of the company's operating income in 2008.

China Railway will be responsible for the design, construction and maintenance of the South Sumatra project run by Indonesia's Bhakta Hill Pan Pacific Railway Corporation.

The contract value includes 1.299 billion U.S. dollars in design, purchase and construction and 3.5 billion U.S. dollars in maintenance. It shall be adjusted according to terms of the contract.

China Railway added in its statement that the long-term contract would not have a major impact on its earnings in 2010, as well as the next few years.