enterprise based in Beijing, China, that was the second largest construction and engineering company in the world by revenue in 2014. The limited company was incorporated in 2007 in order to float the assets of China Railway Construction Corporation [Group] (CRCCG, or the holding company) in Shanghai and Hong Kong stock exchange. CRCCG retained some assets which was deemed not suitable to float in the stock exchange.
. Since February 2008,
stock exchanges.
The financial report of the parent company (holding company) is not disclosed. As both parent and subsidiary share almost the same English name, one without the word "Limited" (they have different names in Chinese), the business activities of the holding company was often incorrectly mixed up with the publicly floated limited liability subsidiary by the media.
China Civil Engineering Construction Corporation Ltd. (abbreviation
CCECC) was established in June 1979 under the approval of the
State Council of the People's Republic of China.
It performs international contracting and economic cooperation, CCECC has been developed from the earlier Foreign Aid Department of the
Ministry of Railways (with the experience of executing the biggest foreign-aid project of China, the
TAZARA) into a
large-scale state-owned enterprise for project contracting.
Its business scope expands from international contracting for railway construction to civil engineering design & consultancy, real estate development, trading, industrial investment and hotel management as well. The business activities of CCECC have expanded to over 40 countries and regions where more than 20 overseas offices or subsidiaries have been established. With its excellent performance and high quality in services, CCECC has been listed among the world's top 255 international contractors for many years and ranked consecutively among the first 70 in recent years by the
Engineering News Record "ENR".
China Road and Bridge Corporation (CRBC), a subsidiary of
Fortune Global 500 company
China Communications Construction Company (
CCCC), focuses on global civil engineering and construction projects such as highways, railways, bridges, ports, and tunnels. Growing out of the Foreign Aid Office of the Ministry of Communications of China, CRBC and its predecessors have been executing projects since 1958. In 1979, CRBC was formally established and entered the international contracting market. The
parent entity, CCCC, was formed through the combination of
CRBC and
China Harbour Engineering Co Ltd (
CHEC) in 2005.
CRBC is among the largest engineering and construction firms globally, and operates from more than 50 branches and offices throughout Asia, Africa, Europe and the Americas. CRBC has played a key role in the design and construction of both greenfield and brownfield infrastructure projects in developing countries, especially those located in Africa where it is a market leader. The company has full
EPC capabilities, and actively pursues
P3 projects, often acting as
concessionaire. The company's motto is: "Build roads and bridges, make contributions to society, put employees first, and strive for excellence."
In addition to the design and construction of infrastructure, CRBC is engaged in infrastructure equity investment; real estate development and management; and industrial park equity investment and development.
