China Geo-Engineering Corporation
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China Geo-Engineering Corporation
China Geo-Engineering Corporation (abbreviated as CGC) is a Chinese construction company that ranks in the ''Engineering News Record'' annual compilation of construction firms as one of the 250 largest international contractors by sales, with international project revenue of $665.6 million in 2012. The company has performed work on several water-related infrastructure projects across Africa. In 2005, it won a tender against a field of 10 companies and consortia in Mozambique to build the water supply network in the cities of Xai-Xai and Chokwe. In Zambia, the company worked on the Kabwe water and sanitation project, powering through the project despite delays by the Zambian government in disbursing counterparty funding. By the end of 2007, the government had moved to fund the 1 billion Zambian kwacha in delayed payments, an action praised by the ''Lusaka Times'' in an editorial as "a very good development". When the company started in Ghana in 2005, it started out drilling wat ...
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CGCOC Group
CGCOC Group Co., Ltd. () formerly known as CGC Overseas Construction Group Co., Ltd. () is a Chinese construction company that ranks among the 100 largest contractors based on international projects according to the annual ''Engineering News Record'' ranking. History The predecessor of CGCOC Group was founded by in 1983 as CGC Nigeria Ltd.. In 2002 other investors were introduced in the incorporation of CGC Overseas Construction Group Co., Ltd., which CGC Nigeria became part of the business group. Shareholders CGCOC Group was founded by (a wholly owned subsidiary of Sinopec Group), China Geo-Engineering Corporation (CGC), and other shareholders in 2002. As at 31 December 2015, Sinopec Star Petroleum owned 40.7% stake, China Geo-Engineering Corporation owned 13.333% stake, Shanxi Bureau of Geology Exploration () owned 4.375% stake, 13th Construction Co., Ltd. of China National Chemical Engineering Co., Ltd. owned 1.04% stake, as well as many natural person. Construction projec ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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Beijing
} Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 million residents. It has an administrative area of , the third in the country after Guangzhou and Shanghai. It is located in Northern China, and is governed as a municipality under the direct administration of the State Council with 16 urban, suburban, and rural districts.Figures based on 2006 statistics published in 2007 National Statistical Yearbook of China and available online at archive. Retrieved 21 April 2009. Beijing is mostly surrounded by Hebei Province with the exception of neighboring Tianjin to the southeast; together, the three divisions form the Jingjinji megalopolis and the national capital region of China. Beijing is a global city and one of the world's leading centres for culture, diplomacy, politics, finance, busi ...
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State-owned Assets Supervision And Administration Commission Of The State Council
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to SOEs. , its companies had a combined assets of CN¥194 trillion (US$30 trillion), revenue of more than CN¥30 trillion (US$4.6 trillion), and an estimated stock value of CN¥65 trillion (US$10.06 trillion), making it the one of the largest economic entities in the world. Central SOEs SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC companie ...
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China Energy Conservation and Environmental Protection Group
China Energy Conservation and Environmental Protection Group Corporation formerly known as China Energy Conservation Investment Corporation (CECIC) is a Beijing-based state-owned enterprise established in 1988 by the State Council of the People's Republic of China. Its investment portfolio is committed to promoting energy-saving and environmental protection technologies and projects. CECIC has responsibility for 23 billion renminbi of investment in the national energy conservation fund for basic construction projects. It has promoted 13 major energy-saving measures and has completed more than 3,000 large-scale energy efficient and environmental protection projects. The president is Xiaokang Wang. Business areas China Energy Conservation Investment Corporation, through its subsidiaries, engages in the environmental protection, energy conservation, new and renewable energy, materials, and technology businesses. It involves in the treatment of environment, administration of wate ...
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Mozambique
Mozambique (), officially the Republic of Mozambique ( pt, Moçambique or , ; ny, Mozambiki; sw, Msumbiji; ts, Muzambhiki), is a country located in southeastern Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Africa to the southwest. The sovereign state is separated from the Comoros, Mayotte and Madagascar by the Mozambique Channel to the east. The capital and largest city is Maputo. Notably Northern Mozambique lies within the monsoon trade winds of the Indian Ocean and is frequentely affected by disruptive weather. Between the 7th and 11th centuries, a series of Swahili port towns developed on that area, which contributed to the development of a distinct Swahili culture and language. In the late medieval period, these towns were frequented by traders from Somalia, Ethiopia, Egypt, Arabia, Persia, and India. The voyage of Vasco da Gama in 1498 marked the arrival of t ...
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Kabwe
Kabwe is the capital of the Zambian Central Province and the Kabwe District, with a population estimated at 202,914 at the 2010 census. Named Broken Hill until 1966, it was founded when lead and zinc deposits were discovered in 1902. Kabwe also has a claim to being the birthplace of Zambian politics as it was an important political centre during the colonial period. Kabwe is an important transportation, farming and university centre. Kabwe is becoming a major agricultural hub for the country is the headquarters for Zambia Railways and prison services. Additionally the mining industry has been important to the economic development of the region. However, because of the exceptional contamination of the city with lead and other toxins, and the effects of these on local children's health, a March 2022 report by the UN Special Rapporteur on Human Rights and the Environment identified the town as a sacrifice zone for industry. History Headquarters of Zambia Railways The first ra ...
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Lusaka Times
Lusaka (; ) is the capital and largest city of Zambia. It is one of the fastest-developing cities in southern Africa. Lusaka is in the southern part of the central plateau at an elevation of about . , the city's population was about 3.3 million, while the urban population is estimated at 2.5 million in 2018. Lusaka is the centre of both commerce and government in Zambia and connects to the country's four main highways heading north, south, east and west. English is the official language of the city administration, while Bemba, Tonga, Lenje, Soli, Lozi and Nyanja are the commonly spoken street languages. The earliest evidence of settlement in the area dates to the 6th century AD, with the first known settlement in the 11th century. It was then home to the Lenje and Soli peoples from the 17th or 18th century. The founding of the modern city occurred in 1905 when it lay in the British protectorate of Northern Rhodesia, which was controlled by the British South African Company ...
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Ghana
Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and Togo in the east.Jackson, John G. (2001) ''Introduction to African Civilizations'', Citadel Press, p. 201, . Ghana covers an area of , spanning diverse biomes that range from coastal savannas to tropical rainforests. With nearly 31 million inhabitants (according to 2021 census), Ghana is the List of African countries by population, second-most populous country in West Africa, after Nigeria. The capital and List of cities in Ghana, largest city is Accra; other major cities are Kumasi, Tamale, Ghana, Tamale, and Sekondi-Takoradi. The first permanent state in present-day Ghana was the Bono state of the 11th century. Numerous kingdoms and empires emerged over the centuries, of which the most powerful were the Kingdom of Dagbon in the north and ...
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Construction And Civil Engineering Companies Of China
Construction is a general term meaning the art and science to form objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or decommissioning. The construction i ...
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Government-owned Companies Of China
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned ...
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