World`s Biggest Contracting Company: An Overview
With the rise of infrastructure development, construction companies have become increasingly significant. Among these construction companies, the biggest contracting company in the world with a wide network of operations is China State Construction Engineering Corporation (CSCEC).
Established in 1957 in Beijing, CSCEC has grown into a global construction giant with a presence in over 110 countries worldwide. It has completed over 40,000 projects, including airports, high-rise buildings, roads, bridges, and other infrastructure. In 2020, it was ranked the world`s largest construction contractor by Engineering News-Record (ENR) for the 10th consecutive year.
With a workforce of over 350,000 employees, the company`s annual revenue was $205.83 billion in 2019. It owes its success to its corporate philosophy of «Honesty, Cooperation, Innovation, and Excellence» and its adherence to sustainable development. CSCEC is continually exploring new markets and collaborating with other companies in the construction industry to enhance its capabilities and deliver quality and timely services globally.
CSCEC is involved in several significant infrastructure projects worldwide, including the construction of the Grand Ethiopian Renaissance Dam, the China-Laos railway, and the UAE`s Etihad railway. It has also undertaken projects to provide affordable housing in several countries, including Malaysia and Nigeria.
The company`s success can also be attributed to its technological innovation, including the use of Building Information Modelling (BIM) and 3D printing. CSCEC has also developed its proprietary construction software, such as the «iCarbonX» carbon emissions management system, which helps control the environmental impact of construction projects.
In conclusion, China State Construction Engineering Corporation is the largest contracting company in the world, with decades of experience delivering high-quality construction services globally. With continued innovation and sustainable development, CSCEC remains a vital player in the infrastructure development sector.