China Communications Construction

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China Communications Construction
Public
Traded asSEHK1800, SSE: 601800
IndustryEngineering and Construction
Founded2005
Headquarters85 De Sheng Men Wai Street, Xicheng District, ,
Area served
Worldwide
Key people
Liu Qitao, Chairman

Song HaiLiang, President

Peng Bihong, Chief Financial Officer
ServicesInfrastructure Design and Engineering

Road and Bridge Construction

Railway Construction

Transit Construction

Port Construction

Dredging

Oil Platform Design and Construction

P3 Investment
RevenueUS$70 billion
OwnerChina Communications Construction Group Corp. (CCCG)
Number of employees
118,000
ParentChina Communications Construction Group
SubsidiariesChina Road and Bridge Corporation
China Harbour Engineering
John Holland Group
Websitewww.ccgrp.com.cn
China Communications Construction Co., Ltd.
Simplified Chinese中国交通建设股份有限公司
China Communications Construction
Simplified Chinese中国交通建设
Traditional Chinese中國交通建設
Second alternative Chinese name
Simplified Chinese中交建
Traditional Chinese中交建

China Communications Construction Company, Ltd. (CCCC) is a publicly-traded, multinational engineering and construction company primarily engaged in the design, construction and operation of infrastructure assets, including highways, bridges, tunnels, railways (especially high-speed rail), subways, airports, and marine ports. Through its subsidiaries, CCCC has full EPC capabilities and actively pursues P3 projects, often acting as concessionaire. In addition, the company provides dredging services, and engages in oil platform design and construction.

In 2018, CCCC and its affiliates were listed #3 on ENR's list of Top 250 International Contractors[1], was ranked #1 in the Transportation category[1], and was #1 overall among Chinese enterprises in terms of revenue from overseas projects[1]. The Company is also #91 on Fortune's Global 500 List[2].

CCCC is an active equity investor in infrastructure projects globally, and is ranked #41[3] on the Infrastructure Investor 50 list compiled by Private Equity International (PEI), just below well-established infrastructure funds such as Oaktree (#38), The Carlyle Group (#39), GSIP (#36), and Axium (#34).

History[edit]

CCCC's predecessors can be traced back to the Qing Dynasty, when the Junpu Engineering Bureau was established in 1905[4]. The company was officially formed in 2005 by the combination of China Road and Bridge Corporation (CRBC) and China Harbour Engineering Co. (CHEC), which focus on transportation infrastructure and marine infrastructure, respectively. In 2006, the company listed shares on the Hong Kong Stock Exchange, followed by a listing on the Shanghai Stock Exchange in 2012. The company now holds additional subsidiaries: John Holland Group, which is an Australia-based construction company focused on infrastructure; and Friede & Goldman, which engineers offshore vessels for the oil and gas industry.

Business Scope[edit]

Scope of road and bridge engineering and construction businesses[5]:

  • World’s largest highway and bridge design and construction company[1].
  • Asia’s largest international contractor[1].
  • Largest Asia-based expressway investor[5].
  • Designed or constructed five of the world’s ten longest cable-stayed bridges in terms of bridge span[5].
  • Designed or constructed seven of the world’s 18 suspension bridges with a main span of more than 1000 meters[5].
  • Designed or constructed six of the world’s ten largest cross-sea bridges[5].

Scope of port engineering, construction, and port/marine-related equipment businesses[5]:

  • World’s largest port design and construction company[5].
  • Independently designed and constructed seven of the world’s ten largest ports in terms of throughput[5].
  • World’s largest dredging company[5].
  • World’s largest offshore oil drilling platform design company[6][5].

Notable Projects[edit]

Shareholders[edit]

China Communications Construction Group (CCCG), a state-owned enterprise, is the beneficial owner of CCCC and holds 63.8% of the company's shares[21]. Other shareholders include multiple affiliates of (or funds managed by) Merrill Lynch, BlackRock and JPMorgan Chase[21].

See Also[edit]

China Road and Bridge Corporation (CRBC)

China Harbour Engineering Co. (CHEC)

One Belt One Road Initiative (OBOR)

Infrastructure-Based Development

Asian Infrastructure Investment Bank

References[edit]

  1. ^ a b c d e "ENR's 2017 Top 250 International Contractors 1-100". www.enr.com. Retrieved 2018-04-12.
  2. ^ "Global 500". Fortune. Retrieved 2018-04-12.
  3. ^ "Database - LPs, GPs, Funds | Infrastructure Investor". Infrastructure Investor. Retrieved 2018-06-11.
  4. ^ Alon, Ilan. A Guide to the Top 100 Companies in China. World Scientific. ISBN 978-981-4291-46-0.
  5. ^ a b c d e f g h i j k l m n o p q "Social Responsibility Report, 2016" (PDF).
  6. ^ a b "A Closer Look Into China's Engineering Feats".
  7. ^ "Longest Bridge in the World - Danyang–Kunshan Grand Bridge - Facts and History". www.historyofbridges.com. Retrieved 2018-04-18.
  8. ^ 郭凯. "Major tunnel of HK-Zhuhai-Macao Bridge completed - Chinadaily.com.cn". www.chinadaily.com.cn. Retrieved 2018-04-18.
  9. ^ "The Suramadu Bridge, the Longest Bridge in Indonesia". www.indonesia-tourism.com. Retrieved 2018-04-18.
  10. ^ "HighestBridges.com".
  11. ^ "Xihoumen Bridge". en.chinabridge.org.cn. Retrieved 2018-04-17.
  12. ^ "Qingshuihe Bridge - HighestBridges.com". www.highestbridges.com. Retrieved 2018-04-18.
  13. ^ "Runyang bridge to help span the wealth gap". www.chinadaily.com.cn. Retrieved 2018-04-18.
  14. ^ "Maputo-Catembe bridge a major step forward for Mozambique". Mozambique. Retrieved 2018-04-13.
  15. ^ Ratana, Uong (2018-01-18). "Expressway project ready to move". Phnom Penh Post. Retrieved 2018-04-13.
  16. ^ "Chinese Funding for Senegal Road Project". WorldHighways.com.
  17. ^ 李齐. "Chinese companies making inroads - AFRICA - Chinadaily.com.cn". africa.chinadaily.com.cn. Retrieved 2018-04-13.
  18. ^ "China ties a boon for Senegal | African Independent". Retrieved 2018-04-18.
  19. ^ "China's dizzying 'Bicycle Skyway' can handle over 2,000 bikes at a time — take a look". Business Insider. Retrieved 2018-04-18.
  20. ^ "Terminal 3 Beijing Capital International Airport (T3)". Beijing Impression. Retrieved 2018-04-18.
  21. ^ a b China Communications Construction Co. Ltd. Annual Report 2016. p. 57.

External links[edit]