China Gezhouba Group Company Limited () is a Chinese construction and engineering company based in
Wuhan
Wuhan; is the capital of Hubei, China. With a population of over eleven million, it is the most populous city in Hubei and the List of cities in China by population, eighth-most-populous city in China. It is also one of the nine National cent ...
,
Hubei
Hubei is a province of China, province in Central China. It has the List of Chinese provincial-level divisions by GDP, seventh-largest economy among Chinese provinces, the second-largest within Central China, and the third-largest among inland ...
. 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 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 ...
China Gezhouba Group Corporation (CGGC, ), which is in turn a subsidiary of the
China Energy Engineering Corporation (Energy China).
Primarily engaged in contract
construction
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 a ...
of projects, Gezhouba operates in the areas of power plants, dams, roads, bridges and
civil engineering
Civil engineering is a regulation and licensure in engineering, professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including public works such as roads ...
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 in Kazakhstan.
In November 2014, the firm was also chosen to a construct a 40 km portion of the
Hazara Motorway in
Pakistan
Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...
.
References
External links
Official website
{{Authority control
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