CGCOC Group
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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 Petrochemical Corporation () or Sinopec Group is the world's largest oil refining, gas and petrochemical conglomerate, administered by SASAC for the State Council of the People's Republic of China. It is headquartered at Chaoyangmenwai ...
),
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 int ...
(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 In jurisprudence, a natural person (also physical person in some Commonwealth countries, or natural entity) is a person (in legal meaning, i.e., one who has its own legal personality) that is an individual human being, distinguished from the bro ...
.


Construction projects

The company carries out projects across Africa and in other markets. In
Cameroon Cameroon (; french: Cameroun, ff, Kamerun), officially the Republic of Cameroon (french: République du Cameroun, links=no), is a country in west-central Africa. It is bordered by Nigeria to the west and north; Chad to the northeast; the C ...
, the company signed a deal in December 2007 to increase water production and distribution in
Douala Douala is the largest city in Cameroon and its economic capital. It is also the capital of Cameroon's Littoral Region (Cameroon), Littoral Region. Home to Central Africa's largest port and its major international airport, Douala International Ai ...
from 115,00 to 260,000 cubic meters in a year by constructing pipe networks, wells and a potable water treatment plant. One of the company's substantial businesses in Africa is road building in
Ethiopia Ethiopia, , om, Itiyoophiyaa, so, Itoobiya, ti, ኢትዮጵያ, Ítiyop'iya, aa, Itiyoppiya officially the Federal Democratic Republic of Ethiopia, is a landlocked country in the Horn of Africa. It shares borders with Eritrea to the ...
. In the period from 2005 to 2006, the company was awarded about $276 million in Ethiopian road projects. These projects included the Dodola Junction-Goba and Dera-Gololcha Mechara roads located in
Oromia Oromia (Amharic: ) ( om, Oromiyaa) is a regional state in Ethiopia and the homeland of the Oromo people. The capital of Oromia is Addis Ababa. It is bordered by the Somali Region to the east; the Amhara Region, the Afar Region and the Benish ...
.


References


External links

* {{authority control Construction and civil engineering companies of China Government-owned companies of China Sinopec Chinese companies established in 1983 Chinese companies established in 2002 Construction and civil engineering companies established in 1983 Construction and civil engineering companies established in 2002