In this article we are going to list the top 5 biggest construction companies in the world. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 biggest construction companies in the world.
5. China Communications Construction Group
Total revenue of the company (in millions of dollars): 130,664
Total profits of the company (in millions of dollars): 1,397
Total assets of the company (in millions of dollars): 353,172
Total number of employees: 220,519
China Communications Construction Group is mainly engaged in the construction of major infrastructure assets which include railways, tunnels, bridges, airports, oil platforms, marine ports and subways. It has also been involved as a contractor for several projects part of the Belt and Road Initiative where China has invested in more than 150 countries.
4. China Railway Construction Corporation Limited
Total revenue of the company (in millions of dollars): 158,203
Total profits of the company (in millions of dollars): 1,704
Total assets of the company (in millions of dollars): 213,451
Total number of employees: 366,833
China Railway Construction Corporation Limited was incorporated in 2007 in order to be listed on the Shanghai and Hong Kong stock exchanges. Even then, the majority of the shares of the company are owned by the government of China and has a dozen subsidiaries. It is one of many major state-owned Chinese corporation which have been sanctioned by the United States Government.
China Railway Construction Corporation Limited has been involved in major projects across the world. It created the first elevated expressway in Bangladesh, conducted feasibility studies on railway double tracking and railway electrification in Cambodia while it was also involved in various projects in Egypt, Turkey, Saudi Arabia, UAE, Algeria, Libya and Russia, not to mention additional major projects in Africa.
3. Pacific Construction Group
Total revenue of the company (in millions of dollars): 77,073
Total profits of the company (in millions of dollars): 5,594
Total assets of the company (in millions of dollars): 52,675
Total number of employees: 310,719
Pacific Construction Group is one of the biggest construction companies in the world to not have the word “China” in its name. Headquartered in Xinjiang, the company was founded in 1986 and is focused on the construction of bridges, industrial facilities, ports and bridges. The company presents itself as a contractor which develops public urban projects and claims to have been involved in the construction of over 1,000 planned cities.
2. China Railway Group Limited
Total revenue of the company (in millions of dollars): 150,258
Total profits of the company (in millions of dollars): 3,867
Total assets of the company (in millions of dollars): 190,642
Total number of employees: 282,256
To grasp the idea of how big China Railway Group Limited is, the state-owned company once used to have its own police force, prosecutors, and even its own court. The police force is still paid and managed by the company even though it is part of the civil service.
1. China State Construction Engineering Group
Total revenue of the company (in millions of dollars): 293,712
Total profits of the company (in millions of dollars): 4,444
Total assets of the company (in millions of dollars): 378,351
Total number of employees: 368,327
Unsurprisingly, a state-owned Chinese company tops the list of the 15 biggest global construction companies. In terms of revenue, the company is easily among the biggest in the world regardless of industry and is said to be in the top 10 in the world in terms of overseas sales. With five main divisions in addition to twelve core business areas, the company even boasts its own national research laboratory. Headquartered in Beijing, the company also entered the United States in 1985.
In 2009, the World Bank blacklisted China State Construction Engineering Group for allegedly colluding in the bidding process for a project in the Philippines called the Philippines National Roads Improvement and Management Project. However, that has done little to curb the growth of the company, which has continued to build major developments overseas.
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