ENR's 2015 Top 250 International Contractors
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Agreements That Have Undermined Venezuelan Democracy Xxxxxxxxxxxxxxxxxxxxxxthe Chinaxxxxxxxxxxxxxxxxxxxxxx Deals Agreements That Have Undermined Venezuelan Democracy
THE CHINA DEALS Agreements that have undermined Venezuelan democracy xxxxxxxxxxxxxxxxxxxxxxThe Chinaxxxxxxxxxxxxxxxxxxxxxx Deals Agreements that have undermined Venezuelan democracy August 2020 1 I Transparencia Venezuela THE CHINA DEALS Agreements that have undermined Venezuelan democracy Credits Transparencia Venezuela Mercedes De Freitas Executive management Editorial management Christi Rangel Research Coordinator Drafting of the document María Fernanda Sojo Editorial Coordinator María Alejandra Domínguez Design and layout With the collaboration of: Antonella Del Vecchio Javier Molina Jarmi Indriago Sonielys Rojas 2 I Transparencia Venezuela Introduction 4 1 Political and institutional context 7 1.1 Rules of exchange in the bilateral relations between 12 Venezuela and China 2 Cash flows from China to Venezuela 16 2.1 Cash flows through loans 17 2.1.1 China-Venezuela Joint Fund and Large 17 Volume Long Term Fund 2.1.2 Miscellaneous loans from China 21 2.2 Foreign Direct Investment 23 3 Experience of joint ventures and failed projects 26 3.1 Sinovensa, S.A. 26 3.2 Yutong Venezuela bus assembly plant 30 3.3 Failed projects 32 4 Governance gaps 37 5 Lessons from experience 40 5.1 Assessment of results, profits and losses 43 of parties involved 6 Policy recommendations 47 Annex 1 52 List of Venezuelan institutions and officials in charge of negotiations with China Table of Contents Table Annex 2 60 List of unavailable public information Annex 3 61 List of companies and agencies from China in Venezuela linked to the agreements since 1999 THE CHINA DEALS Agreements that have undermined Venezuelan democracy The People’s Republic of China was regarded by the Chávez and Maduro administrations as Venezuela’s great partner with common interests, co-signatory of more than 500 agreements in the past 20 years, and provider of multimillion-dollar loans that have brought about huge debts to the South American country. -
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. -
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. -
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 -
The China Analyst 战略 采购 投资 中国分析家 Strategy • Sourcing • Investment a Knowledge Tool by the BEIJING AXIS for Executives with a China Agenda January 2010
The China Analyst 战略 采购 投资 中国分析家 Strategy • Sourcing • Investment A knowledge tool by THE BEIJING AXIS for executives with a China agenda January 2010 China Marches on... FeaturesF FightingFighting forfor Trade:Trade: ChinaChina andand thethe ThreatThreat ofof ProtectionismProt 6 Rare Earths: China’s Contribution to Modern Technology 9 FOCAC: A Win-Win Formula for Sino-African Relations? 12 Regulars Macroeconomic Monitor 16 China Sourcing Strategy 26 China Capital: Inbound and Outbound M&A, Markets and Finance 32 Regional Focus: China-Africa 43 Regional Focus: China-Australia 48 Regional Focus: China-Latin America 52 Regional Focus: China-Russia 56 flickr / mt33 Sixty years ago today, the Chinese people finally won the great victory in the Chinese revolution… Today, a socialist China that is oriented to modernisation, to the world, and to the future is standing toweringly in the eastern world. Looking forward to the future, the prospect of China’s development is infinitely bright. Chinese President Hu Jintao addressing the Chinese people on the 60th anniversary of the People’s Republic of China, 1 October 2009 At the Highest Level China has recovered from the financial crisis-induced slowdown in better shape than ever, with solid pros- pects for 2010. With the stimulus of government investment, China’s economy left the financial crisis in its wake to march on past 8% GDP growth in 2009. Now, poised to become the world’s second-biggest econ- omy, China is readying itself for the challenges of 2010 and the next stage of its relentless rise. t the start of the second decade of nomic recovery in the last year is only half of the story. -
• Contech in 2021: 24-Plus Cxos Share Insights • India’S Macro-Economic Scenario in ‘20-21
`600 Annual Issue 2020 www.ConstructionWorld.in /CWmagazine /ConstructionWorldmagazine • ConTech in 2021: 24-plus CXOs share insights • India’s Macro-Economic Scenario in ‘20-21 Instant Subscription ANNUAL 2020 WEBUILD SPA is the new operating name for Salini Impregilo’s #19 construction group, a rebranding the company announced on May 4. The Top 250 International Contractors Cont... 2019 NEW RANK 2019 REVENUE $ MIL. CONTRACTS 2020 2019 FIRM INT’L TOTAL $ MIL GENERAL BUILDING MANUFACTURING POWER WATER SUPPLY SEWER / WASTE INDUS. / PETROLEUM TRANSPORTATION HAZARDOUS WASTE TELECOM 101 111 SHANGHAI CONSTRUCTION GROUP CO. LTD., Shanghai, China 663.6 40,200.3 1,377.2 77 0 0 0 2 1 20 0 0 102 124 PER AARSLEFF HOLDING A/S, Viby J, Denmark† 621.2 1,991.3 654.4 1 45 4 0 15 8 27 0 0 103 113 BL HARBERT INTERNATIONAL, Birmingham, Ala., U.S.A. 618.2 974.6 887.8 84 0 0 0 0 0 0 0 0 104 110 CONTRACTING AND TRADING CO. [C.A.T.], Beirut, Lebanon† 617.0 618.0 794.0 1 0 0 0 0 82 16 0 0 105 154 BEIJING URBAN CONSTRUCTION GROUP CO. LTD., Beijing, China† 607.6 21,196.0 578.7 43 0 0 0 3 2 51 0 0 106 121 YUNNAN CONSTR. & INVEST. HOLDING GROUP CO., Kunming, China† 600.6 600.6 1,160.6 12 0 0 1 0 1 86 0 0 107 116 CHINA HENAN INT’L COOP. GROUP CO. LTD., Zhengzhou, Henan, China 593.3 593.3 487.4 1 0 0 8 3 0 70 0 0 108 123 THE ARAB CONTRACTORS CO. -
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.