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2016 Top 250 International Contractors – Subsidiaries by Rank Rank Company Subsidiary Rank Company Subsidiary
Overview p. 38 // International Market Analysis p. 38 // Past Decade’s International Contracting Revenue p. 38 // International Region Analysis p. 39 // 2015 Revenue Breakdown p. 39 // 2015 New Contracts p. 39 // Domestic Staff Hiring p. 39 // International Staff Hiring p. 39 // Profit-Lossp. 40 // 2015 Backlog p. 40 // Top 10 by Region p. 40 // Top 10 by Market p. 41 // Top 20 Non-U.S. International Construction/Program Managers p. 42 // Top 20 Non-U.S. Global Construction/Program Managers p. 42 // VINCI Builds a War Memorial p. 43 // How Contractors Shared the 2015 Market p. 44 // How To Read the Tables p. 44 // Top 250 International Contractors List p. 45 // International Contractors Index p. 50 // Top 250 Global Contractors List p. 53 // Global Contractors Index p. 58 THE FALCON EMERGES Turkey’s Polimeks is building the NUMBER 40 $2.3-billion Ashgabot International Airport in Turkmenistan. The terminal shape is based on a raptor species. PHOTO COURTESY OF POLIMAEKS INSAATTAAHUT VE SAN TIC. AS TIC. VE SAN OF POLIMAEKS INSAATTAAHUT PHOTO COURTESY International Contractors Seeking Stable Markets Political and economic uncertainty in several regions have global firms looking for markets that are reliable and safe By Peter Reina and Gary J. Tulacz enr.com August 22/29, 2016 ENR 37 0829_Top250_Cover_1.indd 37 8/22/16 3:52 PM THE TOP 250 INTERNATIONAL CONTRACTORS 27.9% Transportation $139,563.9 22.9% Petroleum 21.4% Int’l Market Analysis $114,383.2 Buildings $106,839.6 (Measured $ millions) 10.8% Power $54,134.5 6.0% Other 2.2% 4.1% $29,805.5 0.8% Manufacturing Industrial Telecom $10,808.9 $20,615.7 $ 4,050.5 2.8% 0.2% 1.0% Water Hazardous Sewer/Waste $13,876.8 Waste $4,956.0 $1,210.5 SOURCE: ENR DATA. -
Gregor Dobler China and Namibia, 1990 to 2015: How a New Actor Changes the Dynamics of Political Economy
Gregor Dobler China and Namibia, 1990 to 2015: how a new actor changes the dynamics of political economy The Version of Records of this manuscript has been published and is available in the Journal Review of African Political Economy 2017 (153): 449-465. http://www.tandfonline.com/doi/abs/10.1080/03056244.2016.1273828 DOI: 10.1080/03056244.2016.1273828 The article identifies changes in Namibia’s society linked to China’s new role. To understand such changes, it is important to avoid isolating ‘Chinese actors’ from their host society. The author analyses links between Chinese and Namibian actors in three domains: ‘soft power’, Chinese traders and the construction industry. In all three, the presence of Chinese actors does not simply change Namibia’s relations with the world. It has important repercussions on Namibian society, it influences the distribution of capital within Namibia and it engenders shifts in the internal balance of power. Since Chinese influence does not remain external, the line between ‘Chinese’ and ‘Namibian’ actors has long become blurred – turning Namibian political elites into constituent parts of the ‘external’ dynamics they are charged with regulating. 1. Introduction Discussions about China’s new role in Africa have come a long way since the topic first entered the debate in the mid-2000s. Criticism of China’s ‘new imperialism’ (often driven by fears for Western powers’ hegemony) and enthusiasm about its ‘win-win’ approach alike have given place to a soberer and more nuanced perspective. Scholars have tried to unpack the amorphous unity of ‘China’, analysing the multitude of actors and institutions and their different agendas and ways of acting; they have differentiated between African countries and their economic and political trajectories; and they have increasingly propagated a bottom-up approach that looks at things as they appear in the real world, not in policy statements or contracts signed in Beijing. -
Repoblica De Mogambique Fundo De Estradas (FE)
Public Disclosure Authorized RepOblica de Mogambique Fundo de Estradas (FE) Public Disclosure Authorized Financial Statements For the year ended 31 December 2018 Public Disclosure Authorized FUNDO DE ESTRADAS Public Disclosure Authorized FUNDO DE ESTRADAS AGGREGATED FINANCIAL STATEMENTS 31 December 2018 INDEX PAGES Statement of management responsibilities 1 Independent Auditor's Report 2 Aggregated Road Sector Accounts - Balance Sheet 5 Aggregated Road Sector Accounts - Income Statement 6 Road Fund Accounts - Balance Sheet 7 Road Fund Accounts - Income Statement 8 ANE Accounts - Balance Sheet 9 ANE Accounts - Income Statement 10 Provinces Accounts (ANE and Road Fund Delegations) - Balance Sheet 11 Provinces Accounts (ANE and Road Fund Delegations) - Income Statement 12 Municipalities Accounts - Balance Sheet 13 Municipalities Accounts - Income Statement 14 Districts Accounts - Balance Sheet 15 Districts Accounts - Income Statement 16 Office of Zambeze Bridge Project Accounts - Balance Sheet 17 GNPT - Office of New Bridge of Tete Accounts - Balance Sheet 18 GNPT - Office of New Bridge of Tete Accounts - Income Statement 19 Road Fund Operating - Balance Sheet 20 Notes to the Financial Statements 21 STATEMENT OF MANAGEMENT RESPONSIBILITIES The directors are responsible for the preparation of the financial statements that present fairly the aggregated financial statements of Fundo de Estradas, comprising the balance sheet as at 31 December 2018 and the statement of income and expenditure for the year then ended, and the notes to the financial statements, which include a summary of significant accounting policies and other explanatory notes, in accordance with the modified cash receipts and disbursements basis of accounting disclosed in Note 2. The financial statements have been audited by the independent accounting firm, Deloitte & Touche (Moyambique), Lda, which were given unrestricted access to to all financial records and related data. -
Paving the Road to Recovery As Global Construction Rebounds, Contractors Eye Infrastructure Spending As a Chance to Grow Revenue
Overview p. 48 // International Market Analysis p. 48 // International Region Analysis p. 49 // 2020 Revenue Breakdown p. 49 2020 New Contracts p. 49 // Domestic Staff Hiring p. 49 // International Staff Hiring p. 49 // Top 10 by Region p. 50 Top 10 by Market p. 51 // Top 20 Non-U.S. International Construction/Program Managers p. 52 // Top 20 Non-U.S. Global Construction/Program Managers p. 52 // Profit-Lossp. 53 // Total Backlog p. 53 // Past Decade’s International Contractor Revenue p. 53 // How Contractors Shared the 2020 Market p. 54 // How To Read the Tables p. 55 // Hochtief's Highway Expansion p. 55 // Top 250 International Contractors List p. 57 // International Contractors Index p. 62 // Top 250 Global Contractors List p. 63 // Global Contractors Index p. 68 NUMBER 170 NUMBER TUNNEL VISION ICM SpA is contractor for the A26 Linzer Autobahn project in Austria, which includes construction of junction tunnels and a cable-stayed bridge. PHOTO COURTESY OF ICM SPA PHOTO COURTESY International Contractors Paving the Road to Recovery As global construction rebounds, contractors eye infrastructure spending as a chance to grow revenue. By Emell Adolphus, Peter Reina and Jonathan Keller enr.com August 16/23, 2021 ENR 47 0823_Top250_Intro.indd 47 8/17/21 6:34 PM nternational contractors on the long road to rebounding from the COVID-19 pandemic might find a shortcut to recovery in infrastructure projects, as countries ramp up spending to help build economies back to normal. While the global construction market is red hot for some firms, it is Istone cold for others as contractors deal with unpredictable project risks while readying for new growth opportunities. -
Download the ENR Ranking
Overview p. 34 // International Market Analysis p. 34 // Past Decade’s International Contracting Revenue p. 34 // International Region Analysis p. 35 // 2019 Revenue Breakdown p. 35 // 2019 New Contracts p. 35 // Domestic Staff Hiring p. 35 International Staff Hiring p. 35 // Profit-Loss p. 36 // 2019 Backlog p. 36 // Top 10 by Region p. 36 // Top 10 by Market p. 37 Top 20 Non-U.S. International Construction/Program Managers p. 38 // Top 20 Non-U.S. Global Construction/Program Managers p. 38 // Larsen & Toubro Ltd. Installs Massive Fusion Equipment p. 39 // How Contractors Shared the 2019 Market p. 40 // How To Read the Tables p. 40 // Top 250 International Contractors List p. 41 // International Contractors Index p. 46 // Top 250 Global Contractors List p. 47 // Global Contractors Index p. 52 CONNECTIONS China Communications 4 NUMBER Construction Group Ltd. is building the $500-million, 7,887-ft cable-stayed bridge connecting the Pelješac Peninsula with Croatia’s mainland. PHOTO COURTESY OF CHINA COMMUNICATIONS CONSTRUCTION GROUP LTD. GROUP CONSTRUCTION COMMUNICATIONS CHINA OF COURTESY PHOTO International Contractors Struggling With COVID-19 Rocked by the worldwide pandemic and plunging oil prices, the global construction market attempts to cope. By Gary J. Tulacz & Peter Reina enr.com August 17/24, 2020 ENR 33 0824_Top250_Intro_3.indd 33 8/18/20 5:44 PM 31.0% Transportation THE TOP 250 INTERNATIONAL CONTRACTORS $146,582.3 26.1% Buildings $123,456.9 Int’l Market Analysis 15.0% Petroleum $70,934.4 (2019 revenue measured in millions) 10.3% Power $48,556.6 5.6% Other 2.3% 3.4% $26,447.9 1.7% Manufacturing Industrial Telecom $10,822.1 $16,048.1 $7,842.1 % 0.1% 1.7% 2.9 Hazardous Sewer/Waste Water Waste $7,948.7 $13,904.0 $525.0 SOURCE: ENR Comparing the Past Decade’s International $383.7 $453.0 $511.1 $544.0 $521.6 $501.1 $468.1 $482.4 $487.3 $473.1 Contractor Revenue 2010* 2011* 2012 2013 2014 2015 2016 2017 2018 2019 (in $ billions) * Figures for 2010-2011 represent the Top 225 International Contractors before ENR expanded the list to 250. -
Das Wirtschaftliche Engagement Der Volksrepublik China Im Portugiesischsprachigen Afrika Am Beispiel Angolas Und Mosambiks
Christiane Tholen Das wirtschaftliche Engagement der Volksrepublik China im portugiesischsprachigen Afrika am Beispiel Angolas und Mosambiks OSTASIEN Verlag Deutsche Ostasienstudien 17 Christiane Tholen Das wirtschaftliche Engagement der Volksrepublik China im portugiesischsprachigen Afrika am Beispiel Angolas und Mosambiks Deutsche Ostasienstudien 17 OSTASIEN Verlag Bibliographische Information der Deutschen Nationalbibliothek Die Deutsche Nationalbibliothek verzeichnet diese Publikation in der Deutschen Nationalbibliographie; detaillierte bibliographische Daten sind im Internet über http://dnb.d-nb.de abrufbar. ISSN 1868-3665 ISBN 978-3-940527-76-9 © 2013. OSTASIEN Verlag, Gossenberg (www.ostasien-verlag.de) 1. Auflage. Alle Rechte vorbehalten Redaktion, Satz und Umschlaggestaltung: Martin Hanke und Dorothee Schaab-Hanke Druck und Bindung: Rosch-Buch Druckerei GmbH, Scheßlitz Printed in Germa Inhalt Danksagung Vobemerkung Abstract 1 Einleitung 1 1.1 Chinesisch-Afrikanische Beziehungen im Fokus der Weltöffentlichkeit 1 1.2 Forschungsstand und Methodik 2 2 Schwarzer Kontinent und gelbe Gefahr 5 2.1 China und Afrika: 1949–1978 5 2.2 China und Afrika: 1978 bis heute 7 2.2.1 Politik 8 2.2.2 Wirtschaft 11 2.3 Neokolonialismus oder Süd-Süd-Kooperation? 15 2.3.1 Afrika 15 2.3.2 China 17 2.3.3 Der Westen und andere 19 2.4 Vorläufiges Ergebnis 25 3 China 27 3.1 1978 bis 1984 27 3.2 1984 bis 1989 28 3.3 1989: Der Tiananmen-Vorfall und seine Konsequenzen 30 3.4 1993 bis heute 31 3.5 Strukturelle Probleme 35 3.6 Themenrelevante Einzelaspekte 40 -
Working in a Tough Market the International Construction Market Has Been Sluggish, and Often Unforgiving, but Many Firms Still Are Finding Surprising Success
General Building p. 66 // Transportation p. 68 // Manufacturing, Industrial Process and Telecommunications p. 70 // Power p. 72 Petrochemical p. 74 // Water, Sewer and Hazardous Waste p. 76 // Global Firms Market Overview p. 78 // International Contractor Market Analysis p. 78 // How the Top 250 International Contractors Shared the Market p. 78 // The Top 10 International Contractors by Region p. 79 // Top 250 Reporting Profit-Loss p. 79 // Top 250 Total Backlog p. 79 // International Design Firms Market Analysis p. 80 // How the Top 225 International Design Firms Shared the Market p. 80 // The Top 10 International Design Firms by Region p. 81 // Petroleum Market Begins to Rebound p. 81 // Number of Firms Reporting Total Backlog in the Top 225 p. 81 How To Read the Tables p. 82 // The Top 225 International Design Firms List p. 83 // The Top 150 Global Design Firms List p. 88 The Top 250 International Contractors List p. 91 // The Top 250 Global Contractors List p. 96 HEALTH CARE U.S.-based HKS and SSH of Bahrain designed the planned 792-bed, 6.3-million-sq-ft Kuwait Children’s Hospital, which will be the largest children’s hospital of its kind in the world. NUMBER 81 & 121 81 NUMBER PHOTO COURTESY OF SSH PHOTO COURTESY Working in a Tough Market The international construction market has been sluggish, and often unforgiving, but many firms still are finding surprising success. enr.com December 16, 2019 ENR SOURCEBOOK 65 1216_GSB_Intro_3.indd 65 12/10/19 5:42 PM SOURCEBOOK GENERAL BUILDING Australia Major Hospital Expansion CPB Contractors, part of Hochtief’s CIMIC Group, recently began con- struction of the $431-million Camp- belltown Hospital Redevelopment Stage 2 project near Sydney. -
The Management and Staff of Zhongmei Engineering Group
The Management and staff of Zhongmei Engineering Group Limited wish H.E President Yoweri Kaguta Museveni, the President of the Republic of Uganda and all Ugandans a Happy 30th NRM Anniversary. Zhongmei Engineering Group Limited (hereinafter referred to as Zhongmei) is a prestigious international corporate group based on Nanchang, Capital of Jiangxi Province, China. It is one of the Top 250 International Contractors (previously known as Top 225 International Contractors) awarded by ENR and the Top 50 Most Innovative International Contractors awarded by the Ministry of Commerce of China. Based on international contracts and focused on foreign aid projects, Zhongmei Group is an active player in international projects and we gradually deepen cooperation in agricultural development, mining and energy development, foreign investment, foreign real estate development and other fields. The company has businesses and branches in dozens of countries and areas including Ethiopia, Kenya, Zambia, Ghana, Uganda, Namibia, Togo, Liberia, Rwanda, Laos, Myanmar, Cambodia, Dubai, Hong Kong and many others. Zhongmei currently has 67 branches at home and abroad with more than 1,500 official employees and nearly 20,000 working staff. A cow donated to a church Machines at work We are proud to be one of the leading enterprises of China orphans who benefited from this donation thanked God for such a Going Global Project and also the successful model to undertake miracle because they didn’t have the money to buy for themselves international projects. In Uganda, Zhongmei is currently a) We widen the road embankment by 1.5 -2 metres to ensure food on that day. -
Chinese International Contractors in Africa: Structure and Agency Hong Zhang
WORKING PAPER NO. 47 MAY 2021 Chinese International Contractors in Africa: Structure and Agency Hong Zhang sais-cari.org WORKING PAPER SERIES NO. 47 | MAY 2021: “Chinese International Contractors in Africa: Structure and Agency” by Hong Zhang TO CITE THIS PAPER: Hong Zhang. 2021. Chinese International Contractors in Africa: Structure and Agency Working Paper No. 2021/47. China Africa Research Initiative, School of Advanced International Studies, Johns Hopkins University, Washington, DC. Retrieved from http://www.sais-cari.org/publications. CORRESPONDING AUTHOR: Hong Zhang Email: [email protected] ACKNOWLEDGEMENTS: This project is funded by Johns Hopkins SAIS-CARI. I am grateful to Aoqi Wu, Peter Grinsted and Yoon Jung Park for their comments that helped improve the paper. I also thank Daniela Solano-Ward for her excellent editing. NOTE: The papers in this Working Paper series have undergone only limited review and may be updated, corrected or withdrawn. Please contact the corresponding author directly with comments or questions about this paper. Editor: Daniela Solano-Ward 2 CHINA-AFRICA RESEARCH INITIATIVE ABSTRACT SAIS-CARI WORKING PAPER As the builders of many of Africa’s mega infrastructure NO. 47 | MAY 2021: projects, Chinese international construction and engineering “Chinese International Contractors in Africa: Structure contractors (ICECs) are a significant group of actors in Africa. and Agency” Although Chinese ICECs and have attained a dominant by Hong Zhang position in the African market, there have been no systematic studies into this group. This paper is an initial attempt to unpack the role of ICECs in China’s international economic relations. Drawing on primary Chinese sources, I trace the historical evolution of China’s international contracting industry. -
THE TOP 225 INTERNATIONAL CONTRACTORS the Top 225 International Contractors Webhead to Come
THE TOP 225 INTERNATIONAL CONTRACTORS The Top 225 International Contractors Webhead to come STRABAG SE broke through on its tunnel boring on May 13, 2011, on the 6.3-mile #08 water tunnel under Niagara Falls, Ontario, for Ontario Power Generation. With Traditionally Strong Markets in Decline, Firms Look to Break Through in New Regions By Peter Reina and Gar y Tulacz The international contracting community has been enduring diffi cult economic headwinds during the past three years. However, even as the U.S. continues to fi ght off the prospect of a double-dip recession and European nations pull back from stimulus programs to stabilize the troubled euro, opportunities are bubbling for international contractors in developing countries, particularly those rich in resources. T H E TOP 225 INTERNATIONAL CONTRACTORS 4 6 Overview 4 8 Top 10 by region 51 How to read the tables 4 6 Market analysis 48 Backlog analysis 53 The Top 225 International 4 6 Hiring 4 9 Top 10 by market Contractors 5 8 4 7 International regions 5 0 Top Global CM/PM fi rms Index of International Contractors 61 4 7 Analysis of past decade 5 1 How the Top 225 International The Top 225 Global Contractors 6 6 47 Profi t/loss analysis Contractors shared the 2010 market Index of Global Contractors PHOTO COURTESY OF STRABAG OF COURTESY PHOTO enr.com August 29, 2011 ENR 45 ENR08292011TL_Top225Opener.indd 45 8/22/11 7:15:48 PM THE TOP 225 INTERNATIONAL CONTRACTORS General Building Transportation Market Analysis 83,026.4 (21.6%) 109,007.2 (28.4%) Petroleum 89,320.8 (23.3%) Industrial Power Other 20,948.0 (5.5%) 38,598.1 (10.1%) 15,749.3 (4.1%) Sewer Waste 6,389.3 (1.7%) Manufacturing 4652.6 (1.2%) Water 12,380.8 (3.2%) Hazardous Waste 630.2 (0.2%) Telecom 2,959.6 (0.8%) (Measured $ millions) Source: McGraw-Hill Construction Reasearch & Analytics/ENR. -
Oil Sector Slows World Market While the Global Petroleum Market Has Slumped, Many Design Firms See Demographic Changes Providing Opportunities by Gary J
Overview p. 40 // International Market Analysis p. 40 // Past Decade’s International Design Revenue p. 40 // International Region Analysis p. 41 // Domestic Staff Hiring p. 41 // International Staff Hiring p. 41 // Profit-Loss p. 41 // 2016 Revenue Totals p. 41 // How Design Firms Shared the 2016 Market p. 42 // Top 10 by Market p. 43 // Top 10 by Region p. 44 Asian Market Stalls p. 44 // Backlog p. 44 // Homage to the Written Word p. 45 // GHD Is Streamlining Processes p. 46 How To Read the Tables p. 46 // Top 225 International Design Firms List p. 47 // Top 225 Index p. 52 // Top 150 Global Design Firms List p. 53 // Top 150 Index p. 56 AFRICAN JEWEL WL Meinhardt Group Pty. Ltd. has designed the Pinnacle Towers in Nairobi, Kenya. The 45-story tower will be a Hilton Hotel, and the 70-story mixed-use tower will rise 900 ft to become the tallest building in Africa. The project broke ground in May. NUMBER 51 NUMBER PHOTO COURTESY OF WL MEINHARDT GROUP PTY. LTD. WL MEINHARDT GROUP PTY. OF PHOTO COURTESY The Top 225 International Design Firms Oil Sector Slows World Market While the global petroleum market has slumped, many design firms see demographic changes providing opportunities By Gary J. Tulacz and Peter Reina enr.com July 17, 2017 ENR 39 0717_TIDF_Intro_4.indd 39 7/11/17 12:43 PM THE TOP 225 INTERNATIONAL DESIGN FIRMS 23.5% Transportation International Market Analysis $15,041.4 22.4% 18.9% Petroleum Buildings $14,359.4 $12,113.6 11.3% 4.8% Power 3.2% $7,261.7 Industrial 5.8% Manufacturing Sewer/Waste $3,050.6 Other $969.5 $2,040.4 $3,749.8 1.5% 3.1% 4.9% Hazardous Waste Water 0.6% $2,012.1 $3,134.2 Telecom $381.9 (Measured $ millions) SOURCE: ENR. -
2017 Chinese Enterprises in Kenya Social Responsibility Report
携手共创未来 2017 共圆发展梦想 肯尼亚中资企业 March towards Development, 社会责任报告 Together for a Shared Future 2017 Chinese Enterprises in Kenya Social Responsibility Report 肯尼亚中国经贸协会 Kenya China Economic and Trade Association Download the 2017 Chinese Enterprises in Kenya Social Responsibility Report 支持:中国驻肯尼亚大使馆 http://ke2.mofcom.gov.cn/17en.pdf Supported by: Embassy of the People's Republic of China in the Republic of Kenya Preface March towards Development, Together for a Shared Future China's friendship with Kenya dates back to more than 600 years ago, when Zheng He, the great navigator of the Ming Dynasty, arrived in Kenya’s Malindi during the fourth voyage of his Treasure Fleet. In 1963, China was the fourth country in the world to recognize Kenya’s independence and establish diplomatic relations with Kenya, two days after Kenya’s declaration of independence. In 2013, President Xi Jinping and President Uhuru Kenyatta jointly announced the initiation of the China-Kenya Comprehensive Cooperative Partnership, setting a clear course for the long-term development of the bilateral relationship between the two countries. As bilateral relationship develops at accelerating speed, the political trust, economic and trade cooperation, and cultural exchanges between China and Kenya have all made new progresses. The bilateral relationship between China and Kenya has entered a new phase of its history, with concrete progresses in the fields of infrastructure, energy, high-tech, youth employment and entrepreneurship, etc. In May 2017, President Xi Liu Xianfa, Jinping and President Uhuru Kenyatta jointly declared to further upgrade bilateral Chinese Ambassador to Kenya relations to the China-Kenya Comprehensive Strategic Partnership, reaching a new height of smooth bilateral relations.