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 Petroleum and Chemical Corporation, or Sinopec Group, is a Chinese Petroleum, oil and Natural gas, gas enterprise based in Chaoyang District, Beijing, Chaoyang District, Beijing. The SASAC administers China Petroleum and Chemical Cor ...

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 br ...

Construction projects

The company carries out projects across Africa and in other markets. In

Cameroon Cameroon, officially the Republic of Cameroon, is a country in Central Africa. It shares boundaries with Nigeria to the west and north, Chad to the northeast, the Central African Republic to the east, and Equatorial Guinea, Gabon, and the R ...

, 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. It was home to Central Africa's largest port, now being replaced by Kribi port. It has the country ...

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, officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east, Ken ...

. 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 (, ) is a Regions of Ethiopia, regional state in Ethiopia and the homeland of the Oromo people. Under Article 49 of 1995 Constitution of Ethiopia, Ethiopian Constitution, the capital of Oromia is Addis Ababa, also called Finfinne. The ...

References

External links

* 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 {{China-company-stub