China National Chemical Engineering Co., Ltd. (CNCEC) is a

Chinese Chinese can refer to: * Something related to China * Chinese people, people of Chinese nationality, citizenship, and/or ethnicity **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of ...

company in construction engineering and design, ranking 42nd among general contractors worldwide by revenue and 92nd among contractors by revenue from international projects (as of 2011). The parent company of China National Chemical Engineering Co., Ltd. () is China National Chemical Engineering Group Corp.. a

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 (econom ...

that is supervised by

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 vario ...

Projects

* The company announced in May 2012 a major deal with the UAE government worth $2.95 billion to complete the National House Scheme within a 5-year timeframe.

U.S. investment prohibition

In August 2020, the

United States Department of Defense The United States Department of Defense (DoD, USDOD or DOD) is an executive branch department of the federal government charged with coordinating and supervising all agencies and functions of the government directly related to national secu ...

published the names of companies linked to the

People's Liberation Army The People's Liberation Army (PLA) is the principal military force of the People's Republic of China and the armed wing of the Chinese Communist Party (CCP). The PLA consists of five service branches: the Ground Force, Navy, Air Force, ...

operating directly or indirectly in the United States. CNCEC was included on the list. In November 2020,

Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pe ...

issued an

executive order In the United States, an executive order is a directive by the president of the United States that manages operations of the federal government. The legal or constitutional basis for executive orders has multiple sources. Article Two of th ...

prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included CNCEC.

References

External links

* {{authority control Companies listed on the Shanghai Stock Exchange Government-owned companies of China Construction and civil engineering companies of China Defence companies of China