Chinese contractors top global rankings

chinese project

Chinese contractors topped International Construction’s 2012 ranking of the world’s 200-largest construction companies for the second year running and once again took the largest share of total revenue.

Contractors from China took 23.2%, or $344-billion, of the $1.148-trillion revenue for the top 200 contractors, followed by Japanese contractors at 14.2%, or $211-billion, and US contractors at 12.1%, or $179-billion of total revenue.

Almost a quarter of the companies in the top 200 were from the developing world. This was a record number, and their total revenues of $460-billion, or 31% of the total, was also a record in terms of the absolute amount and the share of the top 200.

Total revenues for the top 200 contractors increased by 13% from the previous year. However, profitability, as measured by the average operating margin of the group of companies, was down on the previous year by 0.1 percentage points to 4.6%.

Total employment among the top 200 was estimated at 4.75-million people – a 4.6% increase on the previous year’s figure of 4.54-million employees.

“The slowdown in Chinese construction activity has clearly had an impact on this year’s rankings, but there was still growth for many of the country’s largest contractors last year. At the same time, we have seen improvements for global contractors focused on key areas such as energy and resources, and we have also seen a surge for companies in key emerging markets – most notably Brazil, and to a lesser extent, India,” report authorChris Sleight commented.

China State Construction Engineering Corporation overtook the country’s two largest railway contractors – China Railway Construction Corporation and China Railway Group – to claim the top spot in the top 200 ranking.

Two other Chinese contractors, China Communications Construction Group and China Metallurgical Group, were also ranked in the top 10. They were joined by Vinci, ACS, Bouygues and Hochtief from Europe, while Bechtel was the only US contractor in the top 10. The highest-placed Japanese construction company was Daiwa House at number 12.

Among the biggest climbers in the rankings were three companies involved in the petrochemicals and oil and gas construction sectors, including JGC and Petrofac. Heavy fallers included US residential construction companies D R Horton and PulteGroup, as well as Spanish contractors Sacyr and Ferrovial.

Edited by: Creamer Media Reporter
Engineering News

x x x x x

 

THE TOP 60 CHINESE CONTRACTORS
RANK FIRM NAME Contracting Revenue
($ Mil.)
1
China Railway Group Ltd. 71,658.74
2
China Railway Construction Corp. Ltd. 71,020.97
3
China State Construction Engineering Corp. Ltd. 48,887.93
4
China Communications Construction Group (Ltd) 39,637.70
5
China Metallurgical Group Corp. 29,917.31
6
Shanghai Construction Group 13,010.56
7
Dongfang Electric Corp. 6,677.54
8
Shanghai Urban Construction (Group) Corp. 6,013.72
9
GuangSha Construction Group Co., Ltd. 5,996.47
10
China Petroleum Engineering & Construction Corp. 4,971.51
11
China National Machinery Industry Corp. 4,815.73
12
Zhejiang Construction Investment Group Co., Ltd. 4,690.58
13
Hunan Construction Engineering Group Corp. 4,099.77
14
Chengdu Construction Engineering Corp. Group 3,957.19
15
Zhongtian Construction Group Co., Ltd. 3,871.36
16
Sichuan Huashi Group Corp. Ltd. 3,722.10
17
Guangzhou Construction Engineering Corp. Ltd. 3,631.09
18
Yunnan Construction Engineering Group Co., Ltd 3,524.49
19
Shaanxi Construction Engineering Group Corp. 3,492.88
20
Guangxi Construction Engineering Group CO.,LTD 3,384.59
21
Guangdong Construction Engineering Group Co., Ltd. 3,175.84
22
Jiangsu Nantong No.2 Construction Engineering (Group) Co., Ltd. 3,073.73
23
Jiangsu Nantong No.3 Construction Group Co., Ltd. 2,793.18
24
SEPCO Electric Power Construction Corp. 2,767.37
25
Qingjian Group Co., Ltd. 2,650.54
26
Heilongjiang Construction Group Co., Ltd. 2,563.19
27
Anhui Construction Engineering Group Co., Ltd. 2,523.40
28
Hebei Construction Group Co., Ltd. 2,447.46
29
Jiangsu Suzhong Construction Group Co., Ltd. 2,341.50
30
Zhongtai Construction Group Co., Ltd. 2,306.72
31
Zhejiang Baoye Construction Group Company Ltd. 2,294.31
32
Jiangsu Province First Construction Installation Co., Ltd. 2,220.39
33
Shanxi Construction Engineering (Group) Corp. 2,123.38
34
LongYuan Construction Group Co., Ltd. 2,042.97
35
Daqing Oilfield Construction Group 1,958.50
36
Tongzhou Construction General Contracting Group Co., Ltd. 1,908.89
37
Jiangsu HuaJian Construction Co., Ltd. 1,890.40
38
Hebei Jianshe Construction Group Co., Ltd. 1,882.66
39
China Nuclear Power Engineering Company Ltd. 1,671.13
40
Guizhou Construction Engineering Group Co., Ltd. 1,595.14
41
Zhejiang BaDa Construction Group Co., LTD 1,566.66
42
Longxin Construction Group Co., Ltd 1,535.77
43
Gansu Construction Investment (Holdings) Group Corp. 1,529.17
44
ZhongSha Construction Group Co., LTD 1,332.28
45
 Fujian Construction Engineering (Group) Corp. 1,283.87
46
Zhejiang QinYe Construction & Engineering Group Co., Ltd. 1,255.66
47
WuYang Construction Group Ltd. Company 1,213.97
48
East Construction Group Co., Ltd. 1,210.93
49
Zhejiang GuoTai Construction Group Co., LTD 1,164.61
50
Tianqi Industry & Commerce (Group) CO., LTD, Shandong 1,154.44
51
Nantong Construction Group Joint-Stock Co., Ltd. 1,128.68
52
Zhejiang Tiangong Construction Group Co., Ltd. 1,026.44
53
Zhejiang Wanda Construction Group Co., Ltd. 985.37
54
Suzhou Glodmantis Co., Ltd 972.65
55
Suzhou Erjian Construction Group Co., Ltd. 945.15
56
Huasheng Construction Group CO., LTD 858.42
57
Nantong Wujian Construction Engineering Co., Ltd. 833.05
58
Jiangsu Gold Civil Construction Group Co., Ltd. 757.39
59
China International Water & Electric Corp. 674.14
60
Yanjian Group Co., LTD 624.36

Source: Engineering News-Record

One Response to Chinese contractors top global rankings

  1. Antone says:

    Primer added admirable dress socks are you a adequate choice. Family in this world, MBT shoes approval makes action were acclimatized but captivated with a constant warmth. We are the added absorbed to accord this act a austere construction, so as not to accommodate partners, for the acumen the actual accomplice has the appropriate to ascendancy the affiliation effects, for the purpose of advantageous the copartnership debts; and as MBT shoes approval are not included aural the letter of the drillmaster accoutrements outlet.