CGC Overseas Construction Group

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Not to be confused with China Overseas Engineering Group (COVEC) or China Geo-Engineering Corporation (CGC Int'l), other state-owned Chinese construction companies
CGC Overseas Construction Group
Type State-owned enterprise
Headquarters Beijing, China
Parent Sinopec Star Petroleum Co., Ltd.
Website CGCOC.com.cn

CGC Overseas Construction Group (abbreviated as CGCOC) is a Chinese construction company that ranks among the 100 largest contractors based on international projects according to the annual Engineering News Record ranking.[1]

Shareholders[edit]

The largest shareholders in order of shareholding are Sinopec Star Petroleum, China Geo-Engineering Corporation, Shanxi Bureau of Geology Exploration, and the 13th Construction Co., Ltd. of China National Chemical Engineering.[2]

Construction projects[edit]

The company carries out projects across Africa and in other markets. In Cameroon, the company signed a deal in December 2007 to increase water production and distribution in Douala from 115,00 to 260,000 cubic meters in a year by constructing pipe networks, wells and a potable water treatment plant.[3]

One of the company's substantial businesses in Africa is road building in Ethiopia.[4] In the period from 2005-2006, the company was awarded about $276 million in Ethiopian road projects.[4] These projects included the Dodola Junction-Goba and Dera-Gololcha Mechara roads located in Oromia.[4]

References[edit]

  1. ^ "The Top 250 International Contractors". Engineering News-Record. 
  2. ^ "Shareholders". CGCOC Group. 
  3. ^ "China's Approach to the African Water Crisis". Ecoworld. May 29, 2008. 
  4. ^ a b c "Chinese firm wins massive road projects in Ethiopia". People's Daily. June 25, 2006.