China Machinery Engineering Corporation (CMEC) is a construction and engineering company, forming one part of the

China National Machinery Industry Corporation China National Machinery Industry Corporation (also known as Sinomach) is a Chinese conglomerate with businesses in tool making, construction equipment, agricultural equipment, and infrastructure construction. In two particular areas of construc ...

(Sinomach) group of companies. A specialization of CMEC is construction of power projects in generation, transmission, and distribution. The company is present in

Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with ...

with representative offices in

Istanbul Istanbul ( , ; tr, İstanbul ), formerly known as Constantinople ( grc-gre, Κωνσταντινούπολις; la, Constantinopolis), is the List of largest cities and towns in Turkey, largest city in Turkey, serving as the country's economic, ...

and

Ankara Ankara ( , ; ), historically known as Ancyra and Angora, is the capital of Turkey. Located in the central part of Anatolia, the city has a population of 5.1 million in its urban center and over 5.7 million in Ankara Province, maki ...

. CMEC has operated in Turkey since the mid-1980s and operations in the country accounted for 5% of global revenue by 2013. The total value of projects in Turkey amounted to 3 billion US dollars as reported in mid-2013 by the company with another 1 billion US dollars in project revenue set to be added to the total by the end of 2013. The work it takes on in Turkey includes the construction of a 600 MW supercritical thermal power plant, a project signed in 2007. Moving into investment, the company announced in 2013 the creation of an investment fund, based on its own equity capital and lines of credit from Chinese financial institutions, for power projects in Turkey. It signed a deal with

Argentina Argentina (), officially the Argentine Republic ( es, link=no, República Argentina), is a country in the southern half of South America. Argentina covers an area of , making it the second-largest country in South America after Brazil, th ...

in 2010 to rehabilitate the Belgrano Cargas freight network, part a series of railways that cross the central and northern parts of the country. In 2013, financing was announced for the project with a loan of 2.47 billion US dollars from

China Development Bank The China Development Bank (CDB) () is a development bank in the People's Republic of China (PRC), led by a cabinet minister at the Governor level, under the direct jurisdiction of the State Council. As one of three policy banks in China, it ...

to finance the bulk of costs. A second deal was signed in September 2015, doubling the original investment to 4.8 billion dollars. CMEC also built and partially owns two power plants in Nigeria, Omotosho Power Plants in Ondo State In January 2016, the company signed 150 million euro deal with the city,

Tomislavgrad Tomislavgrad (), also known by its former name Duvno (), is a town and municipality located in Canton 10 of the Federation of Bosnia and Herzegovina, an entity of Bosnia and Herzegovina. It mainly covers an area of the historical and geographica ...

, in Herzegovina, to build a wind farm. The project will be finished in 2017.

References

China National Machinery Industry Corporation Government-owned companies of China Construction and civil engineering companies of China Chinese companies established in 1978 Construction and civil engineering companies established in 1978 {{China-company-stub