China Communications Construction

China Communications Construction

Type	Public
Traded as	SEHK: 1800, SSE: 601800
Industry	Engineering and Construction
Founded	2005
Headquarters	85 De Sheng Men Wai Street, Xicheng District, Beijing, People's Republic of China
Area served	Worldwide
Key people	Liu Qitao, Chairman Chen Fenjian, President Fu Junyuan, Chief Financial Officer
Services	Infrastructure Design and Engineering Road and Bridge Construction Railway Construction Transit Construction Port Construction Dredging Oil Platform Design and Construction P3 Investment
Revenue	US$70 billion
Owner	China Communications Construction Group Corp. (CCCG)
Number of employees	118,000
Parent	China Communications Construction Group
Subsidiaries	China Road and Bridge Corporation China Harbour Engineering John Holland Group
Website	www.ccgrp.com.cn

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 2017, 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 #103 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

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

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

• Danyang–Kunshan Grand Bridge, considered the longest bridge in the world^[7]
• Hong Kong–Zhuhai–Macau Bridge (connects Hong Kong with Macau and Zhuhai), which is among the longest fixed-links in the world^[8]
• Sutong Yangtze River Bridge (China), which had the longest main span of any cable-stayed bridge in the world between 2008-2012, is currently listed as one of the tallest bridges, and won an Outstanding Civil Engineering Achievement (OCEA) award from the American Society of Civil Engineers^[6]
• Suramadu Bridge (Indonesia), the longest bridge in Indonesia and the first bridge to cross the Madura Strait^[9]
• Xiamen Haicang Bridge in Fujian Province (China), which is on the list of longest suspension bridge spans
• Guiyang-Qianxi Expressway Yachi River Bridge (China)^[5], the fourth highest in the world^[10]
• Duge Bridge (China), the highest bridge in the world^[5]
• Longjiang Bridge in Yunnan (China), one of the longest and highest bridges ever built
• Xihoumen Bridge (China)^[11], the second-longest suspension bridge ranked by the length of the center span
• Qingshui River Bridge P3 (China), the third highest bridge in the world^[12]
• Penang Second Bridge (Malaysia), the longest cross-sea bridge in Southeast Asia, awarded the Brunel Prize by the UK-based Institution of Civil Engineers (ICE)^[5]
• Donghai Bridge (China), the first sea-crossing bridge completed in China and one of the longest cross-sea bridges in the world
• Hangzhou Bay Bridge (China), which is among the ten longest trans-oceanic bridges
• Runyang Yangtze River Bridge (China), the third longest suspension bridge span in the world and the largest in China^[13]
• Jintang Bridge (China), the third longest cross-sea bridge built in China
• The Maputo Bridge and North Link Road Project (Mozambique), will become Africa's longest suspension bridge upon completion^[14]
• Dalian Bay Subsea Tunnel and Guangming Road Stretch P3 Project (China)^[5], the first large scale cross-ocean tunnel P3 project in China
• Nanjing Yangtze River Tunnel P3 (China), the first tunnel of its kind in terms of scale, length and geological complexity^[5]
• Jamaica North-South Expressway (Jamaica), a notable BOT/EPC in the Caribbean^[5]
• G11 Hegang-Dalian Expressway (China)
• Surcin-Obrenovac section of European Route E763 Highway (Serbia)^[5]
• Phnom Peng - Sihanoukville Expressway Project (Cambodia)^[15]
• Pakistan Karakoram Highway Upgrading Project (Pakistan), one of the highest paved roads in the world
• Thies-Touba Toll Highway Project (Senegal)^[16][17][18]
• Xiamen Air Bike Lane (China), the longest continuous bike lane in the world^[19]
• Beijing-Shanghai High Speed Railway (China), the world's longest high-speed rail ever constructed in a single phase
• Mombasa-Nairobi Standard Gauge Railway (Kenya), the largest infrastructure project constructed in Kenya since independence
• MRL East Coast Rail (Malaysia)
• Shanghai Yangshan Deepwater Port Project, Phase IV (China)
• Beijing Capital International Airport Terminal 3 (China), the second largest airport terminal in the world and the sixth largest building in the world by area^[20]
• Runway work on Beijing Daxing International Airport, the world's largest international airport (when completed)

Shareholders

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

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

External links

• China Communications Construction Company (CCCC) website
• China Road and Bridge (CRBC) website
• John Holland website
• China Harbour Engineering (CHEC) website
• Shanghai Zhenhua Port Machinery Company (ZPMC) website
• Friede & Goldman website
• Greentown Property Group website
• Road and Bridge Constructions Group