DOCSLIB.ORG

Market Power and Role of the Private Sector

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Market Power and Role of the Private Sector Market Power and Role of the Private Sector Chinese Investment in Africa CHINA-AFRICA BUSINESS COUNCIL China-Africa Business Council A-2106 Lead International, Jia No.2 Wangjing Zhong Huan South Road Chaoyang Dist., Beijing 100102 China Internet: http://en.cabc.org.cn Email: [email protected]; Telephone: 0086 (010) 6416 9865 This work is a product of the staff of the China-Africa Business Council with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of the China-Africa Business Council, its Board members, or the governments. The accuracy of investment-related data contained is one of our main objectives. However, there may be areas that need further verification. We welcome and will appreciate any correction in the report. You may copy, download, or print this manuscript for your own use, and you may include passages from this publication in your own documents, blogs, websites, and other materials, as long as China-Africa Business Council is appropriately accredited as the source. CONTENTS Foreword A New Milestone ...............................................................................................................................................................I A Look into the Future ..............................................................................................................................................III Preface ..............................................................................................................................................................................V Part I: The History of Chinese Enterprises in Africa I. Development Stages of Chinese Enterprises ................................................................................ 1 (I) A Starting Point from 1980s ..................................................................................................................................... 1 (II) “Rapid Development in Small Steps” since 2000s .................................................................................. 1 (III) Current Achievements of the Private Sector ............................................................................................ 4 II. Reasons to Invest in Africa ............................................................................................................................. 8 (I) Internal Motivations ..................................................................................................................................................... 8 (II) Advantageous features of Chinese Private Enterprises ....................................................................... 9 III. Africa’s Attractiveness .....................................................................................................................................11 (I) The AU Agenda 2063 ...............................................................................................................................................11 (II) Resilient Growth and Unleashed Potentials ..............................................................................................11 IV. The Forum on China-Africa Cooperation .................................................................................... 15 (I) The Beijing Summit in 2006: Eight Measures .......................................................................................... 16 (II) The Johannesburg Summit in 2015: Ten Cooperation Plans ......................................................... 18 (III) The Beijing Summit in 2018: Eight Major Initiatives ........................................................................... 20 Part II: The Role of Chinese Enterprises in Africa I. The Performance of Chinese Enterprises in Major African Economies ........... 25 (I) Middle-income Countries: Facilitators in Capital and Technology ............................................. 26 (II) Resource Rich Countries: Facilitators in Economic Diversification .......................................... 32 (III) Non-resource Rich Countries: Facilitators in Industrialization and Modernization ...... 45 II. The Performance of Chinese Enterprises in Africa’s Traditional Industries 53 (I) Infrastructure: Breaking the Constraints of Economic Development ........................................ 54 (II) Manufacturing: Promoting the Development and Transformation of Multiple Industries ................................................................................................................................................................................. 59 (III) Energy & Mining: Turning Resource Wealth into Real Economic Returns ......................... 66 (IV) Agricultural Processing: Adding Value and Extending the Supply Chain .......................... 68 III. Contributions of Chinese Enterprises During the Pandemic .................................. 73 (I) Contributions of Chinese Enterprises in Response to the Outbreak in Africa .................... 73 (II) CSR Impact on Poverty Reduction through Investment ................................................................ 77 Part III: Highlights and Challenges in Sino-African Investment Cooperation I. Africa’s Investment Environment: Perception of Chinese Enterprises ............. 81 (I) Coping with the Impact of Uncertainty ......................................................................................................... 81 (II) Coping with a More Complex International Environment ............................................................... 83 II. Gaps and Improvements to Be Made by Chinese Enterprises ............................... 85 (I) When Going Abroad .................................................................................................................................................. 85 (II) Making Up for Shortcomings ............................................................................................................................. 86 III. New Trends in Chinese Enterprises’ Investment in Africa ......................................... 88 (I) Transformation and Upgrading of Private Investment ........................................................................ 88 (II) Increasing Attention to Africa from Large Private Enterprises .................................................... 92 (III) Growing Focus on New Industries................................................................................................................ 96 IV. Expectations of the Upcoming 2021 FOCAC Meeting .............................................. 105 Index References Acknowledgements Foreword | I Foreword A New Milestone ince the establishment of the Forum on China-Africa Cooperation (FOCAC) in 2000, China and Africa have made great strides in all-round, multi-level S and wide-ranging cooperation. High level interactions between China and Africa have become increasingly frequent, and mutual political trust has strengthened. Since the 2015 Johannesburg Summit in South Africa, China and Africa have established a comprehensive strategic and cooperative partnership, opening a new era of cooperation. In 2019, trade between China and Africa exceeded USD 200 billion, 20 times more than that in 2000 1. For the past 11 years, China has been Africa’s largest trading partner with gratifying results 2. The African Continental Free Trade Area (AfCFTA) was established in 2021 after 6 years of deliberate negotiations. The African continent will further promote regional integration, increase the effective allocation of resources and production, and release new growth potential. China-Africa cooperation is a South-South cooperation that goes beyond traditional North-South development assistance. It combines aid, trade, and investment. While creating jobs and increasing foreign exchange earnings, it helps industrial development in African countries, promotes structural transformation, and achieves broader development goals. By January 2021, 46 countries in Africa had signed Belt and Road Initiative (BRI) cooperation agreements with China, the largest number of countries from any continent in the world. China-Africa cooperation offers broad prospects. It will help African countries realize industrialization and modernization, eradicate poverty and achieve sustainable development. With the spread of protectionism, anti-globalization, and populism, China-Africa cooperation is also of great significance in upholding multilateralism, enhancing the rights and interests of developing countries, promoting the BRI and addressing a scale of changes unseen in a century. 1 Yicai, Guo Jinhui, 2020, https://www.yicai.com/news/100874772.html 2 Two Decades of A Shared Journey toward New Heights in the New Era- -Commemorating the 20th Anniversary of the Forum on China-Africa Cooperation, Wang Yi, 2020 II | Foreword Since the outbreak of COVID-19 in 2020, developing countries have been under a huge threat. The Chinese government and its enterprises, together with the people of Africa, have worked to fight the pandemic, demonstrating the profound friendship between the Chinese and African peoples. Chinese enterprises in Africa actively support local containment and prevention measures, promote the resumption of work and normal daily life, provide a large number of materials, vaccines and technical assistance. It has made a great contribution to the fight against the pandemic, set a model for promoting the global community of shared future, and provided
Load more

Recommended publications
  • Jiajia Luo, Et Al. V. Sogou Inc., Et Al. 19-CV-00230-Complaint for Violation
    Case 1:19-cv-00230-JPO Document 1 Filed 01/09/19 Page 1 of 25 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK JIAJIA LUO, Individually and on Behalf of All Case No. Others Similarly Situated, Plaintiff, CLASS ACTION vs. COMPLAINT FOR VIOLATION OF THE FEDERAL SECURITIES LAWS SOGOU INC., SOHU, INC., TENCENT HOLDINGS LIMITED, XIAOCHUAN WANG, CHARLES (CHAOYANG) ZHANG, DEMAND FOR JURY TRIAL YUXIN REN, JOANNA (YANFENG) LU, BIN GAO, JOSEPH CHEN, JANICE LEE, and JAMES (XIUFENG) DENG, Defendants Plaintiff Jiajia Luo, individually and on behalf of all the other persons similarly situated, by plaintiff’s undersigned attorneys, alleges the following based upon personal knowledge as to plaintiff and plaintiff’s own acts, and upon information and belief as to all other matters based on the investigation conducted by and through plaintiff’s attorneys, which included, among other things, a review of Securities and Exchange Commission (“SEC”) filings by Sogou Inc. (“Sogou” or the “Company”), as well as conference call transcripts and media and analyst reports about the Company. Plaintiff believes that substantial evidentiary support will exist for the allegations set forth herein after a reasonable opportunity for discovery. SUMMARY OF THE ACTION 1. This is a federal securities class action on behalf of a class consisting of all persons other than defendants who purchased or otherwise acquired Sogou American Depository Shares (“ADSs”) pursuant and/or traceable to Sogou’s false and misleading Registration Statement and Prospectus issued in connection with the Company’s initial public offering on November 9, 2017 (the “IPO” or the Case 1:19-cv-00230-JPO Document 1 Filed 01/09/19 Page 2 of 25 “Offering”), seeking to recover compensable damages caused by defendants’ Securities Act of 1933 (the “Securities Act”) violations (the “Class”).
    [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]
  • Birth and Evolution of Korean Reality Show Formats
    Georgia State University ScholarWorks @ Georgia State University Film, Media & Theatre Dissertations School of Film, Media & Theatre Spring 5-6-2019 Dynamics of a Periphery TV Industry: Birth and Evolution of Korean Reality Show Formats Soo keung Jung [email protected] Follow this and additional works at: https://scholarworks.gsu.edu/fmt_dissertations Recommended Citation Jung, Soo keung, "Dynamics of a Periphery TV Industry: Birth and Evolution of Korean Reality Show Formats." Dissertation, Georgia State University, 2019. https://scholarworks.gsu.edu/fmt_dissertations/7 This Dissertation is brought to you for free and open access by the School of Film, Media & Theatre at ScholarWorks @ Georgia State University. It has been accepted for inclusion in Film, Media & Theatre Dissertations by an authorized administrator of ScholarWorks @ Georgia State University. For more information, please contact [email protected]. DYNAMICS OF A PERIPHERY TV INDUSTRY: BIRTH AND EVOLUTION OF KOREAN REALITY SHOW FORMATS by SOOKEUNG JUNG Under the Direction of Ethan Tussey and Sharon Shahaf, PhD ABSTRACT Television format, a tradable program package, has allowed Korean television the new opportunity to be recognized globally. The booming transnational production of Korean reality formats have transformed the production culture, aesthetics and structure of the local television. This study, using a historical and practical approach to the evolution of the Korean reality formats, examines the dynamic relations between producer, industry and text in the
    [Show full text]
  • Critical Transformations: Rethinking Zambian Development
    SPERI Paper No. 33 Critical Transformations: Rethinking Zambian Development. Nicholas Jepson and Jeffrey Henderson About the authors Nicholas Jepson Nicholas Jepson is a Lecturer in International Development, Glo- balisation and Political Economy in the Global Development Insti- tute at the University of Manchester. [email protected] Jeffrey Henderson Jeffrey Henderson is Professor of International Development in the School of Sociology, Politics and International Studies at the University of Bristol and (in 2016-18) an International Fellow in the Graduate School of Social Sciences, Vrije Universiteit Am- sterdam. [email protected] Acknowledgements We are grateful to the (British) Economic and Social Research Council for funding the research – including fieldwork – that forms the basis of our discussion of Zambia. We are grateful to our interviewees for providing information and sharing their views with us. An earlier version of this paper was presented at the Sheffield Political Economy Research Institute Conference, Sheffield, UK, July 2016. We are grateful to conference participants for their comments on our presentation. ISSN 2052-000X Published in October 2016 SPERI Paper No. 33 – Critical Transformations: Rethinking Zambian Development 1 Introduction The problems of global development continue to mount exponentially. Whether in spite of this, or because of it, development science (except at relatively micro levels) seems unable to advance an intellectual agenda capable of stimulating cred- ible theorisations of our problems; credible in the sense of informing policies and strategies adequate to the enormity of the difficulties we confront. At a time when some degree of consensus would arguably be an important step forward, we ex- perience the opposite.
    [Show full text]
  • From Western TV Sets to Chinese Online Streaming Services: English-Language TV Series in Mainland China
    . Volume 16, Issue 2 November 2019 From Western TV sets to Chinese online streaming services: English-language TV series in mainland China Xiaoran Zhang, University of Nottingham, UK Abstract: In the age of multiple screens, online streaming has in the 2010s become the most significant way of consuming overseas television programs in Mainland China. Due to rather strict government policy and censorship, foreign television series are presently only legally distributed and circulated on licensed online streaming services. Focusing on the streaming of US/UK TV series, this paper examines online streaming services’ distribution activities in order to understand both streaming websites’ business practices surrounding transnational TV and the features they employ to cater to online audiences for these series. To grasp how the online distribution of English-language TV series operates in China, I begin by looking at China’s five major video streaming services, analyzing the design of their interfaces, scheduling of programs, and accessibility for different tiers of users. I then examine how streaming services use social media as a major tool to promote their US and UK TV series. Through this analysis, I argue that transnational TV flow has had to be localized to achieve distribution and marketing goals in a Chinese context, resulting in the uniqueness of these streaming practices. This article concludes that, with the development of online streaming technologies, distinctive modes of audience consumption in China have informed the localization of this specific transnational TV content. Keywords: Online streaming, streaming consumption, television distribution, transnational TV, Tencent Video, HBO, Game of Thrones Introduction As one of HBO’s most successful high-end shows, Game of Thrones (2011-) has earned a worldwide reputation that includes the fandom of Chinese viewers.
    [Show full text]
  • Most Recent Chinese 'Ad Block' Judgment Affirms Ad-Based Revenue Model for Internet Businesses 13 November 2015
    Most recent Chinese 'ad block' judgment affirms ad-based revenue model for Internet businesses 13 November 2015 On 14 October 2015, a local court in Shanghai adopted the The judgment latest in a series of judgments on the legality of software and On the ad block claim, the Shanghai court held that the VST other technical measures that block or skip advertisements on software had decrypted iQiyi's security key codes so that digital platforms. iQiyi's servers mistakenly took VST's access requests as In its judgment, the Shanghai Yangpu District People's Court coming from iQiyi's own platform. Through this approach, the found that Juwangshi Technology Corporation ("Juwangshi"), court found, the VST software was able to directly displaying a video streaming service aggregator, had breached anti- iQiyi's videos without the ads, which had the same effect as unfair competition rules by utilizing certain decryption explicit "ad blocking." The court pointed out that Juwangshi's measures to block ads while displaying videos streamed from ad blocking conduct was able to attract users who neither iQiyi, one of China's main online video sites. The judgment want to watch ads nor pay for iQiyi membership, which in turn also addressed the issue of online businesses "scraping reduces iQiyi's revenues. content" (i.e., using information) from other websites. On this point, the Shanghai court judgment is consistent with Background to the case a series of "ad block" judgments by various Chinese courts in the last two years. For example, in a judgment at the end of The plaintiff in this case was iQiyi, which streams video July 2015, the Beijing Shijingshan District People's Court programs for free but has ads embedded at the beginning of found Hualu Tianwei, also an online video aggregation the programs.
    [Show full text]
  • Zambia Zambia
    COUNTRY REPORT ON THE STATE OF PLANT GENETIC RESOURCES FOR FOOD AND AGRICULTURE ZAMBIA ZAMBIA ZAMBIA: SECOND REPORT ON THE STATE OF PLANT GENETIC RESOURCES FOR FOOD AND AGRICULTURE FINAL REPORT Compilation by G.P. Mwila D. Ng’uni A. Phiri SUBMITTED TO FAO COMMISSION ON GENETIC RESOURCES FOR FOOD AND AGRICULTURE SEPTEMBER 2008 2 Note by FAO This Country Report has been prepared by the national authorities in the context of the preparatory process for the Second Report on the State of World’s Plant Genetic Resources for Food and Agriculture. The Report is being made available by the Food and Agriculture Organization of the United Nations (FAO) as requested by the Commission on Genetic Resources for Food and Agriculture. However, the report is solely the responsibility of the national authorities. The information in this report has not been verified by FAO, and the opinions expressed do not necessarily represent the views or policy of FAO. The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of FAO concerning the legal or development status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. The mention of specific companies or products of manufacturers, whether or not these have been patented, does not imply that these have been endorsed or recommended by FAO in preference to others of a similar nature that are not mentioned. The views expressed in this information product are those of the author(s) and do not necessarily reflect the views of FAO.
    [Show full text]
  • Forestry Outlook Studies in Africa (FOSA) ZAMBIA
    Forestry Outlook Studies in Africa (FOSA) MINISTRY OF NATURAL RESOURCES AND TOURISM ZAMBIA Anne Chileshe Rome, July 2001 Please note that the views expressed in this paper reflect those of the authors and should not be attributed to any of the institutions. This paper has been minimally edited for clarity and style. 2 3 SUMMARY A Brief on the Forestry Outlook Study1 Anne Chileshe Director of Forestry Forestry Department, Ministry of Environment and Natural Resources PO Box 50042, Lusaka, Zambia Tel: 260-1-22 16 38/61 31; Fax: 260-1-22 16 38 [email protected] Zambia has an estimated population of 9.3 million people with an annual growth rate of 3.5% which is considered to be very high and has an effect on the forest resources. The overall objective of the country is to reduce poverty through economic growth, investment in human resource development and protection of the environment. The forest sector objective is to enhance the quantitative and qualitative contribution of the forest sector towards the national socio- economic development. Mining dominates the Zambian economy, followed by the agriculture sector. Forestry contribution to GDP is less than 1%. However, the forest sector has a lot of potential to the socio- economic development of the country if managed properly. Forest resources although not assessed for the last four decades cover 60% of the total land area. Most of the forests are located in the customary areas, which are administered by the traditional leaders. Apart from the forest resources, the country is endowed with substantial water and wildlife resources, which are vital to the rural communities and the nation as a whole.
    [Show full text]
  • Tanzania-Zambia Railway: Escape Route from Neocolonial Control? Alvin W
    University of South Florida Scholar Commons Anthropology Faculty Publications Anthropology 1970 Tanzania-Zambia Railway: Escape Route from Neocolonial Control? Alvin W. Wolfe [email protected] Follow this and additional works at: https://scholarcommons.usf.edu/ant_facpub Part of the Anthropology Commons Scholar Commons Citation Wolfe, Alvin W., "Tanzania-Zambia Railway: Escape Route from Neocolonial Control?" (1970). Anthropology Faculty Publications. 10. https://scholarcommons.usf.edu/ant_facpub/10 This Book Chapter is brought to you for free and open access by the Anthropology at Scholar Commons. It has been accepted for inclusion in Anthropology Faculty Publications by an authorized administrator of Scholar Commons. For more information, please contact [email protected]. f.~m NONALIGNED THIRD WORLD ANNUAL 1970 ';;~~: Books International ot DH-T~ %n~ernational St. Louis, Missouri, USA . \ ESCAPE ROUTE ALVINW. WOLFE* THE FIRST REQUISITE for African development is that African countries combine what little wealth and power they have toward the end of getting a greater share of the products of world industry. They may be able to get that greater share by forcing through better terms of trade or better terms in aid, but they will never get any greater share by continuing along present paths, whereby each weak and poor country "negotiates" separately with strong and rich developed countries and supranational emities such as the World Bank and major private companies. If they hope to break thos.e ne,ocolonial bonds, Africans must unite-
    [Show full text]
  • Demystifying Commercial Content Delivery Networks in China
    CONCURRENCY AND COMPUTATION: PRACTICE AND EXPERIENCE Concurrency Computat.: Pract. Exper. (2015) Published online in Wiley Online Library (wileyonlinelibrary.com). DOI: 10.1002/spe.3464 SPECIAL ISSUE PAPER Demystifying commercial content delivery networks in China Hao Yin1,*,†,BoQiao1,YanLuo2,ChenTian3 and Y. Richard Yang4 1Dept.t of CS, Tsinghua University, Beijing, China 2Dept. of ECE, University of Massachusetts Lowell, Lowell, MA, USA 3Dept. of EIE, Huazhong Univ. of Sci. and Tech., Wuhan, China 4Dept. of CS, Yale University, New Haven, CT, USA SUMMARY Over the past decade, content delivery networks (CDNs) have attracted substantial Internet traffic and improved quality of experience for Internet users. However, the evolution of the Internet ecosystem, which is driven by underlying economic incentives and ever emerging technologies, posts great challenges to the existing commercial CDNs (CCDNs). Thoroughly understanding the CDN industry from different aspects including market choice, technology, performance, tendency and infrastructure is indispensable to future Internet. In this paper, we conduct the first comprehensive study of China’s CDNs using continuous, at-scale, content-driven measurements. Based on the massive amount of measurement data with multidimensional properties, we demystify the CCDNs in China and answer two important questions: (1) what is the develop- ment trend of CCDNs in China and (2) what are their unique characteristics. The answers to these questions have significant implications on CDN providers and users. Copyright © 2015 John Wiley & Sons, Ltd. Received 25 September 2014; Accepted 24 November 2014 KEY WORDS: CDN 1. INTRODUCTION 1.1. Motivation To bridge the gap between network applications and best effort Internet provider (IP) networks, the technique of content delivery networks (CDNs) has emerged and been developed over the last decade.
    [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]