Road Work Contract Award Publ

Total Page:16

File Type:pdf, Size:1020Kb

Road Work Contract Award Publ PUBLICATION OF AWARD OF CONTRACT FOR GOODS & WORKS INFORMATION NOTICE Publication date: 18 December 2019 Country: Republic of Namibia Executing Agency: Ministry of Works and Transport Name of Project: Namibia Transport Infrastructure Improvement Project. Loan/Grant Number: 2000200002004 Name of Tender: Construction of Hosea Kutako International Airport to Dual Carriage Freeway Standards, Phase 2A (Sam Nujoma IC - Dordabis IC), 19.5 Km. Lot Number & Name (If different from Tender): N/a Procurement mode: International Competitive Bid (ICB) Domestic preference (Yes or No): Yes Regional preference (Yes or No): Yes Borrower’s Tender Number: RA/DC-CR/06-2014/2A Date of receipt by the Bank of the draft Tender document: 12 December 2018 Date of approval by the Bank of the Tender Document: 21 February 2019 Tender issuing date: 30 April 2019 Closing date of the Tender: 12 June 2019 Date of Tender opening: 12 June 2019 Date of receipt by the Bank of the Tender evaluation report: 01 August 2019 Date of approval by the Bank of the Tender evaluation: 06 September 2019 Name of the winning Bidder: AVIC-INTL PROJECT ENGINEERING COMPANY LTD Nationality: China Address : No. 344 Independence Avenue, Windhoek, Namibia Contract Award Price: N$826,080,338.40 (excl. VAT) Contract Start date: 15 January 2020 Contract Duration: 42 Months Summary of Scope of Contract Awarded: Works to be undertaken include: • Construction of 19.5 kilometres of dual carriageway with 3 interchanges, a median divider and 6 bridges with superstructure lengths varying between 21m and 110m. • The construction of a 3000m of pipe culverts, 1700m of precast box culverts and 700m of in-situ box culverts. • Construction of selected, subbase and base layers • Application of prime and a bituminous surfacing of 19 mm stone and fine aggregate slurry. • Supply and installation of 23 km of guardrails, 48 km of fencing, road signs and road markings. • Construction of minor surfaced access roads. Total Number of Bidders: Sixteen (16) For each Bidder: Name: Puentes y Calzadas Infraesturas, S.L.U. JVCA Technonam Bridges and Roads (Pty) Ltd Nationality: Spain/Namibia Address: No. 9, Bassingthwaighte Street, Klein Windhoek, Namibia Bid Price as Read-out: N$1,584,881,499.90 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: China Machinery Engineering Corporation (CMEC) Nationality: China Address: No. 178, Guang anmenwai street, Xicheng District, Beijing 100055, China Bid Price as Read-out: N$1,518,855,707.79 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: Namibia Construction (Pty) JVCA Raubex (NCR Joint Venture) Nationality: Namibia/South Africa Address: 26 Newcastle Street, Northern Industrial Area, Windhoek, NAMIBIA Bid Price as Read-out: N$1,530,399,443.27 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: China Geo Engineering Corporation Nationality: China Address: Building B, No: 92, Xiangshan South Road, Haidian District, Beijing, 100093, China Bid Price as Read-out: N$1,534,047,735.23 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: China Gezhouba Group Company Ltd Nationality: China Address: No. 558, Gezhouba Hotel, Jiefang Street, Wuhan City, China Bid Price as Read-out: N$1,458,300,119.21 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: China Harbour Engineering Company Ltd Nationality: China Address: No.9, Chunxiu Road, Dongcheng District, Beijing, 100027, P.R. China Bid Price as Read-out: N$1,552,800,000.50 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: Zhongmei Engineering Group Ltd Nationality: China Address: No. 76 Nanlian Road, Nanchang City, Jiangxi Province, P. R. China Bid Price as Read-out: N$1,233,017,328.04 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: China Civil Engineering Construction Corporation JVCA Colas Namibia (Pty) Ltd Nationality: China Address: No.4, Beifengwo, Haidian District, Beijing, China Bid Price as Read-out: N$1,420,218,401.80 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: China Civil Engineering Construction Corporation JVCA Colas Namibia (Pty) Ltd Nationality: China Address: No.4, Beifengwo, Haidian District, Beijing, China Bid Price as Read-out: N$1,420,218,401.80 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid Name: Qingjian Group Co. Ltd Nationality: China Address: 32 Jaspers Street, Academia, Windhoek, Namibia Bid Price as Read-out: N$1,499,944,149.00 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: China State Construction Engineering Corporation Ltd Nationality: China Address: No. 15 Sanlihe Road, Haidian District, Beijing City, China Bid Price as Read-out: N$1,166,115,524.20 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: Sinohydro Corporation Ltd Nationality: China Address: No. 601, Floor 6, Building 23, Yard 17, Xicui Road, Haidian District, Beijing, China Bid Price as Read-out: N$1,542,875,324.49 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: China Henan International Cooperation Group Co. Ltd Nationality: China Address: P.O. Box 98570, Hochland Park, Windhoek, Namibia Bid Price as Read-out: N$1,527,061,887.30 Bid Accepted / Rejected : Rejected Reason for Rejection: Not lowest evaluated bid. Name: JMC Projects Nationality: China Address: Corporate Office, Kalpataru Synergy, Opp. Grand Hyatt, Santacruz East, Mumbai- 400 055. Bid Price as Read-out: Not Applicable Bid Accepted / Rejected : Bidder voluntarily withdrew after prequalification. Reason for Rejection: Not Applicable Name: Conduril Engenharia, S.A Nationality: Portugal Address: Av. Eng. Duarte Pacheco, 1835, 4445-416, Ermesinde- Portugal Bid Price as Read-out: N$1,356,630,275.30 Bid Accepted / Rejected : Rejected. Reason for Rejection: Not lowest evaluated bid. N.B.: Any bidder who wishes to ascertain the grounds on which its proposal was not selected, should request an explanation from the Executing Agency. In any event, the Bank reserves the right to review any complaint of a bidder at any time following the award. .
Recommended publications
  • Fidelity® Emerging Markets Index Fund
    Quarterly Holdings Report for Fidelity® Emerging Markets Index Fund January 31, 2021 EMX-QTLY-0321 1.929351.109 Schedule of Investments January 31, 2021 (Unaudited) Showing Percentage of Net Assets Common Stocks – 92.5% Shares Value Shares Value Argentina – 0.0% Lojas Americanas SA rights 2/4/21 (b) 4,427 $ 3,722 Telecom Argentina SA Class B sponsored ADR (a) 48,935 $ 317,099 Lojas Renner SA 444,459 3,368,738 YPF SA Class D sponsored ADR (b) 99,119 361,784 Magazine Luiza SA 1,634,124 7,547,303 Multiplan Empreendimentos Imobiliarios SA 156,958 608,164 TOTAL ARGENTINA 678,883 Natura & Co. Holding SA 499,390 4,477,844 Notre Dame Intermedica Participacoes SA 289,718 5,003,902 Bailiwick of Jersey – 0.1% Petrobras Distribuidora SA 421,700 1,792,730 Polymetal International PLC 131,532 2,850,845 Petroleo Brasileiro SA ‑ Petrobras (ON) 2,103,697 10,508,104 Raia Drogasil SA 602,000 2,741,865 Bermuda – 0.7% Rumo SA (b) 724,700 2,688,783 Alibaba Health Information Technology Ltd. (b) 2,256,000 7,070,686 Sul America SA unit 165,877 1,209,956 Alibaba Pictures Group Ltd. (b) 6,760,000 854,455 Suzano Papel e Celulose SA (b) 418,317 4,744,045 Beijing Enterprises Water Group Ltd. 2,816,000 1,147,720 Telefonica Brasil SA 250,600 2,070,242 Brilliance China Automotive Holdings Ltd. 1,692,000 1,331,209 TIM SA 475,200 1,155,127 China Gas Holdings Ltd. 1,461,000 5,163,177 Totvs SA 274,600 1,425,346 China Resource Gas Group Ltd.
    [Show full text]
  • Shanghai Municipal Commission of Commerce Belt and Road Countries Investment Index Report 2018 1 Foreword
    Shanghai Municipal Commission of Commerce Belt and Road Countries Investment Index Report 2018 1 Foreword 2018 marked the fifth year since International Import Exposition Municipal Commission of Commerce, President Xi Jinping first put forward (CIIE), China has deepened its ties releasing the Belt and Road Country the Belt and Road Initiative (BRI). The with partners about the globe in Investment Index Report series Initiative has transformed from a trade and economic development. to provide a rigorous framework strategic vision into practical action President Xi Jinping has reiterated at for evaluating the attractiveness during these remarkable five years. these events that countries should of investing in each BRI country. enhance cooperation to jointly build Based on extensive data collection There have been an increasing a community of common destiny and in-depth analysis, we evaluated number of participating countries for all mankind , and the Belt and BRI countries' (including key and expanding global cooperation Road Initiative is critical to realizing African nations) macroeconomic under the BRI framework, along with this grand vision. It will take joint attractiveness and risks, and identified China's growing global influence. By efforts and mutual understanding to key industries with high growth the end of 2018, China had signed overcome the challenges ahead. potential, to help Chinese enterprises BRI cooperation agreements with better understand each jurisdiction's 122 countries and 29 international Chinese investors face risks in the investment environment. organizations. According to the Big BRI countries, most of which are Data Report of the Belt and Road developing nations with relatively The Belt and Road Country (2018) published by the National underdeveloped transportation and Investment Index Report 2017 Information Center, public opinion telecommunication infrastructures.
    [Show full text]
  • The Top 225 Global Contractors
    The Top 225 International Contractors The Top 225 Global Contractors August 18, 2008 This annual issue ranks the 225 largest construction contracting firms from around the world. It also ranks the largest firms in a wide variety of market sectors and geographic markets: Building, Manufacturing, Power, Water, Industrial/Petroleum, Transportation, Hazardous Waste, Sewer/Waste and Telecommunications. In addition, readers will get insights from executives of these top firms about the markets and issues affecting the industry around the world. This and other ENR survey issues are used as reference tools throughout the industry. Companies are ranked according to construction revenue generated in 2007 in US$ millions. Main story: "Prices Soar in a Boom Market" Tables - The 2008 Top 225 International Contractors based on Contracting Revenue from Projects Outside Home Country (with description about how to use the tables) - The 2008 Top 225 Global Contractors based on Total Firm Contracting Revenue (with descriptions about how to use the tables) - The 2008 Top 225 At a Glance: Volume, Profitability, Professional Staff, Backlog, Market Analysis, International Regions - Top 10 by Market: Building, Manufacturing, Power, Water, Transportation, Hazardous Waste, Sewer/Waste, Telecommunications - Top 20 Non-US Firms in International Construction Management/Program Management Fees - Top 20 Non-US in Total CM/PM Fees - Top 10 By Region: Middle East, Asia, Africa, Latin America/Caribbean, Europe, U.S., Canada - How the Top 225 International Contractors Shared the 2007 Market - Where to Find The Top 225 International Contractors - Where to Find The Top 225 Global Contractors Web Only Supplements: "Subsidiaries By Rank"-includes in-depth listings of each firm's subsidiaries "Where the 2008 Top 225 Contractors Worked"-lists the countries in which these firms had work or offices during 2007.
    [Show full text]
  • China in Latin America: the Storm on the Horizon Investigating Chinese Investment and Its Effects in Colombia, Ecuador, and Bolivia Christina Pendergrast
    Prospectus Pendergrast 1 China in Latin America: The Storm on the Horizon Investigating Chinese Investment and its Effects in Colombia, Ecuador, and Bolivia Christina Pendergrast Over the past decade, China has steadily increased its economic presence throughout the global south.1 However, when it comes to scholarly analysis of Chinese investment policy, much of the scholarly focus has been placed on Africa despite major Chinese investments throughout Latin America. I plan to investigate the nature of Chinese investment in Latin America and how China plans to benefit from said investments. Therefore, this project seeks to discover: What kind of influence is China generating in Latin America through its economic investments, and how does/will that influence affect the balance of power in the region? This question interests me largely due to my experience within the realm of national security. While I was working with the State Department, I learned of the priority placed on China within the Intelligence Community. There were so many facets to the issue that it was hard to keep track of them all; however, I naturally gravitated towards the analysis of Chinese involvement in less developed countries. I had read about Chinese projects in Africa during my work with the Cipher Brief writing about developments in Africa, and to a lesser extent heard about China in the context of my Latin America regional classes. So, to research China in Latin America is a way that I can learn more about a topic relevant to the career I aspire to while contextualizing that new region within an area I am already familiar with.
    [Show full text]
  • 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.
    [Show full text]
  • 1 April 29, 2020 Minister Zhong Shan Ministry of Commerce of The
    April 29, 2020 Minister Zhong Shan Ministry of Commerce of the People’s Republic of China #2 Chang’an Dongdajie, Dongcheng District, Beijing, 100731, People’s Republic of China Fax: (86) 10 5377 1311 cc : Director Wang Shengwen Ministry of Commerce of the People’s Republic of China, Department of Outward Investment and Foreign Cooperation Fax: (86) 10 5377 1311, (86) 10 8509 3186, (86) 10 6519 7138, (86) 10 6519 7992 [email protected] / [email protected] / [email protected]/ [email protected] Chairman He Lifeng National Development and Reform Commission of the People’s Republic of China Office of the Leading Group for Promoting the Belt and Road Initiative #38 Yuetan Street, Xicheng District, Beijing, 100824, People’s Republic of China [email protected] / [email protected] Party Secretary Sun Jinlong Ministry of Ecology and Environment No. 12, East Chang’an Avenue, Dongcheng District, Beijing, 100006, People’s Republic of China Fax: (86) 10 6655 6010 [email protected] / [email protected] Chairman Hao Peng State-owned Asset Supervision and Administration Commission of the State Council No 26 Xidajie, Xuanwumen, Beijing, 100053, People’s Republic of China [email protected] / [email protected] Chairman Guo Shuqing China Banking and Insurance Regulatory Commission #15 Financial Street, Xicheng District, Beijing, 100033, People’s Republic of China [email protected] / [email protected] / [email protected] / [email protected] Director-General Han Mingzhi China Banking and Insurance Regulatory Commission, International Department [email protected] / [email protected] Chairman Zhao Huan China Development Bank #18 Fuxingmennei Street, Xicheng District, Beijing, 100031, People’s Republic of China Fax: (86) 10 6830 6699 [email protected] / [email protected] / [email protected] 1 Chairperson Hu Xiaolan Export-Import Bank of China No.
    [Show full text]
  • Journal of Current Chinese Affairs
    China Data Supplement March 2007 J People’s Republic of China J Hong Kong SAR J Macau SAR J Taiwan ISSN 0943-7533 China aktuell Data Supplement – PRC, Hong Kong SAR, Macau SAR, Taiwan 1 Contents The Main National Leadership of the PRC 2 LIU Jen-Kai The Main Provincial Leadership of the PRC 30 LIU Jen-Kai Data on Changes in PRC Main Leadership 37 LIU Jen-Kai PRC Agreements with Foreign Countries 45 LIU Jen-Kai PRC Laws and Regulations 48 LIU Jen-Kai Hong Kong SAR 51 Political, Social and Economic Data LIU Jen-Kai Macau SAR 58 Political, Social and Economic Data LIU Jen-Kai Taiwan 62 Political, Social and Economic Data LIU Jen-Kai ISSN 0943-7533 All information given here is derived from generally accessible sources. Publisher/Distributor: GIGA Institute of Asian Studies Rothenbaumchaussee 32 20148 Hamburg Germany Phone: +49 (0 40) 42 88 74-0 Fax: +49 (040) 4107945 2 March 2007 The Main National Leadership of the PRC LIU Jen-Kai Abbreviations and Explanatory Notes CCP CC Chinese Communist Party Central Committee CCa Central Committee, alternate member CCm Central Committee, member CCSm Central Committee Secretariat, member PBa Politburo, alternate member PBm Politburo, member BoD Board of Directors Cdr. Commander CEO Chief Executive Officer Chp. Chairperson COO Chief Operating Officer CPPCC Chinese People’s Political Consultative Conference CYL Communist Youth League Dep.Cdr. Deputy Commander Dep. P.C. Deputy Political Commissar Dir. Director exec. executive f female Gen.Man. General Manager Hon.Chp. Honorary Chairperson Hon.V.-Chp. Honorary Vice-Chairperson MPC Municipal People’s Congress NPC National People’s Congress PCC Political Consultative Conference PLA People’s Liberation Army Pol.Com.
    [Show full text]
  • Building Bridges China’S Growing Role As Infrastructure Financier for Africa
    TRENDS AND POLICY OPTIONS • INFRASTRUCTURE No. 5 • PUBLICATION FORTHCOMING HELPING TO ELIMINATE POVERTY THROUGH PRIVATE INVOLVEMENT IN INFRASTRUCTURE Building Bridges China’s Growing Role as Infrastructure Financier for Africa Vivien Foster William Butterfield Chuan Chen Nataliya Pushak TRENDS AND POLICY OPTIONS. NO.5. PUBLICATION FORTHCOMING HELPING TO ELIMINATE POVERTY THROUGH PRIVATE INVOLVEMENT IN INFRASTRUCTURE BUILDING BRIDGES: CHINA’S GROWING ROLE AS INFRASTRUCTURE FINANCIER FOR SUB-SAHARAN AFRICA Vivien Foster William Butterfield Chuan Chen Nataliya Pushak © 2008 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org E-mail: [email protected] All rights reserved 1 2 3 4 5 11 10 09 08 This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank. The findings, interpretations, and conclusions expressed in this volume do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgement on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Rights and Permissions The material in this publication is copyrighted. Copying and/or transmitting portions or all of this work without permission may be a violation of applicable law. The International Bank for Reconstruction and Development / The World Bank encourages dissemination of its work and will normally grant permission to reproduce portions of the work promptly.
    [Show full text]
  • 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.
    [Show full text]
  • 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.
    [Show full text]
  • Credit Analysis of China's Construction Companies
    Credit Analysis of China’s Construction Companies October 13, 2020 ANALYSTS Key Takeaways Yingxue Ren Beijing ― From our desktop analysis of 53 engineering and construction (E&C) companies, we +86 10 6516 6037 found that apart from the centrally administered state-owned construction firms, some Yingxue.Ren state-owned construction subsidiaries, locally administered state-owned construction @spgchinaratings.cn firms and privately-owned enterprises (POEs) also stand out with better indicative credit quality among their peers due to their relatively large business scale, better operating Renyuan Zhang Beijing efficiency or lower financial risk. +86-10 6516 6028 renyuan.zhang ― We view the industry risk for the E&C industry is moderately high due to intense @spgchinaratings.cn competition and intermediate cyclicality. Kexin Wang ― Construction firms tend to have relatively lower profitability due to intense competition. Beijing Therefore, we view scale, scope and diversity as well as operating efficiency as important +86 10 6516 6033 factors on the business risk profiles of firms in this industry. Kexin.Wang @spgchinaratings.cn ― Under current market conditions, cash conversion efficiency (inventory and account receivable turnover), as well as the extent of PPP (public private partnership) and other Huang Wang investment programs are the main factors influencing construction company’s leverage. Beijing +86 10 6516 6029 Huang.Wang @spgchinaratings.cn Overview Through analysis of the business and financial metrics of construction companies, this report aims to provide an overview of our general approach to the engineering and construction sector, as well as providing insight into the key factors that influence credit quality in the industry. By applying our corporate ratings methodology to public information, we have carried out a desktop analysis of 53 companies in the construction sector, arriving at an initial overview of the relative ranking of each company’s credit quality, or their “indicative issuer credit quality”.
    [Show full text]
  • 中國中鐵股份有限公司 CHINA RAILWAY GROUP LIMITED (A Joint Stock Limited Company Incorporated in the People’S Republic of China with Limited Liability) (Stock Code: 390)
    IMPORTANT If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult a stockbroker or other registered dealer in securities, bank manager, solicitor, professional accountant or other professional adviser. If you have sold or transferred all your shares in China Railway Group Limited, you should at once hand this circular to the purchaser or other transferee or to the bank, stockbroker or other agent through whom the sale or transfer was effected for transmission to the purchaser or the transferee. The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this circular, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this circular. 中國中鐵股份有限公司 CHINA RAILWAY GROUP LIMITED (A joint stock limited company incorporated in the People’s Republic of China with limited liability) (Stock Code: 390) DISCLOSEABLE TRANSACTION ADJUSTMENT IN THE SHAREHOLDING STRUCTURE OF SOCIETE PAR ACTIONS A RESPONSABILITE LIMITEE 30 September 2008 CONTENTS Page DEFINITIONS ....................................................................... 1 LETTER FROM THE BOARD ........................................................ 4 APPENDIX — GENERAL INFORMATION ............................................ 14 – i – DEFINITIONS In this circular, unless the context otherwise requires, the following expressions have the following meanings: ‘‘Articles
    [Show full text]