China Gezhouba Group Company Limited () is a Chinese construction and engineering company based in
Wuhan
Wuhan (, ; ; ) is the capital of Hubei, Hubei Province in the China, People's Republic of China. It is the largest city in Hubei and the most populous city in Central China, with a population of over eleven million, the List of cities in China ...
,
Hubei
Hubei (; ; alternately Hupeh) is a landlocked province of the People's Republic of China, and is part of the Central China region. The name of the province means "north of the lake", referring to its position north of Dongting Lake. The prov ...
. As of 2014, the company is the 33rd largest contractor by revenue in the world.
The major shareholder of the company (40.8%) is
state-owned
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 ownersh ...
China Gezhouba Group Corporation (CGGC, ), which is in turn a subsidiary of the
China Energy Engineering Corporation
China Energy Engineering Corporation or Energy China (CEEC, ), is a Chinese state-owned energy conglomerate, with headquarters in Chaoyang District, Beijing.
History
The conglomerate was established on September 29, 2011, with the approval of t ...
(Energy China).
Primarily engaged in contract
construction
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 com ...
of projects, Gezhouba operates in the areas of power plants, dams, roads, bridges and
civil engineering
Civil engineering is a professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including public works such as roads, bridges, canals, dams, airports, sewage ...
in China and abroad. In other categories of business, Gezhouba has invested and constructed highways; developed real estate; generated hydropower; and manufactured cement and civil explosives.
The company has been very keen to expand overseas business with a stated goal of increasing international contracts to half of company revenue.
Underlying the confident growth projections is a track record of picking up overseas contracts in hydroelectric engineering, the kind of work that accounts for most of Gezhouba's international portfolio.
Overseas projects include a 4.97 billion yuan ($727.78 million) contract signed in 2010 with Kazakhstan Natural Gas Technology to establish a hydroelectric plan on the banks of the
Chilik River
The Chilik (russian: Чилик, kk, Шілік ''Shilik'', or Шелек ''Shelek'') is a major flowing river in the Almaty Region in the Republic of Kazakhstan, one of the largest left tributaries of the Ili, and the main waterway of southeast ...
in Kazakhstan.
In November 2014, the firm was also chosen to a construct a 40 km portion of the
Hazara Motorway
The M-15 Motorway, also known as the Hazara Motorway (Hindko/ ur, , ps, د هزاره موټروې), is a 180 kilometer controlled-access motorway linking the Burhan Interchange near Hasan Abdal in the Punjab province with Haripur, Havelian, A ...
in
Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...
.
References
External links
Official website
{{Construction and civil engineering companies of China
Companies listed on the Shanghai Stock Exchange
Companies based in Wuhan
Construction and civil engineering companies of China
Chinese companies established in 2006
Construction and civil engineering companies established in 2006