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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 Ghana, officially the Republ ...
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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 proje ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ...
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Beijing
Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as China's List of cities in China by population, second largest city by urban area after Shanghai. It is located in North China, Northern China, and is governed as a Direct-administered municipalities of China, municipality under the direct administration of the Government of the People's Republic of China, State Council with List of administrative divisions of Beijing, 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 and neighbors Tianjin to the southeast; together, the three divisions form the Jing-Jin-Ji, Jing-Jin-Ji cluster. Beijing is a global city and ...
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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 State Council of the People's Republic of China. 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¥871 trillion (~US$116 trillion), revenue of more than CN¥85.37 trillion (~US$12 trillion) with a total profit of 4.63 trillion yuan according to a report from SASAC. Vice Premier Zhang Guoqing is responsible for the supervision of the SASAC. History SASAC was formed in 2003 to consolidate industry-specific bureaucracies and was restructured from the State Economic and Trade Commission. The Hu Jintao administration gave SASAC full ministerial rank. SASAC's mission was t ...
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China Energy Conservation and Environmental Protection Group
China Energy Conservation and Environmental Protection Group Corporation 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 water resources, production and supply of water, treatment and recycling of was ...
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Mozambique
Mozambique, officially the Republic of Mozambique, is a country located in Southeast 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 south and 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. 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 dialect. 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 the Portuguese Empire, Portuguese, who began a gradual process of colonisation and settlement in 1505. After over four centuries of Portuguese Mozambique, Portuguese rule, Mozambique Mozambican War of Indepen ...
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Kabwe
Kabwe is the capital of the Zambian Central Province and the Kabwe District, with a population estimated at 288,598 at the 2022 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 r ...
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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 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 (BSAC). The BSAC bu ...
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Ghana
Ghana, officially the Republic of Ghana, is a country in West Africa. It is situated along the Gulf of Guinea and the Atlantic Ocean to the south, and shares borders with Côte d’Ivoire to the west, Burkina Faso to the north, and Togo to the east. Ghana covers an area of , spanning diverse ecologies, from coastal savannas to tropical rainforests. With nearly 35 million inhabitants, Ghana is the second-most populous country in West Africa. The capital and largest city is Accra; other significant cities include Tema, Kumasi, Sunyani, Ho, Cape Coast, Techiman, Tamale, and Sekondi-Takoradi. The earliest kingdoms to emerge in Ghana were Bonoman in the south and the Kingdom of Dagbon in the north, with Bonoman existing in the area during the 11th century. The  Asante Empire and other Akan kingdoms in the south emerged over the centuries. Beginning in the 15th century, the Portuguese Empire, followed by other European powers, contested the area for trading r ...
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Construction And Civil Engineering Companies Of China
Construction are 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 that 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 wikt:decommission, decommissioning. The construction industry contributes significantly to many countries' gross domestic products (Gross domestic product, GDP). Global expenditure on construction activities was about $4 trillion in 2012. In 2022, expenditure on the construction industry exceeded $11 trillion a year, equivalent to about 13 percent of global Gross domestic product, GDP. This spending was forecasted to rise to around $14.8 trillion in 2030. The construction industry promotes economic development and brings many non-monetary benefits to many cou ...
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Government-owned Companies Of China
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or 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' ...
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