CITIC Construction Ranks 32 among the “Top 225 International Contractors”

CITIC Group, founded in 1979, has been a pioneer in China s economic reforms and opening-up to the rest of the world, by introducing overseas capital, technological know-hows and managerial expertise to China

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CITIC Group, aligning its mission with national goals and contributing to national rejuvenation, pursues a vision of “building an outstanding conglomerate with a lasting reputation.” As for work priorities, it strives to deepen SOE reforms, strengthen technological innovation and integrate itself into regional strategies. Operating in 5 business sectors：comprehensive financial service, advanced intelligent manufacturing, advanced materials, new consumption, and new-type urbanization, CITIC is committed to pioneering national goals and to being a leading technology-driven group.

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Language:English

2010-09-27 11:34:00

In the latest ranking of the “Top 225 International Contractors” unveiled by Engineering News-Record (ENR), CITIC Construction ranks 32nd, up by 27 places over last year. It marks the fourth consecutive year that the company has registered better performance than the previous year since its debut in 2006.

ENR is an authoritative magazine on engineering sponsored by the American construction and information company McGraw-Hill. The ranking is based on the contracting revenue of the previous year from projects outside the company’s home country. CITIC Construction’s overseas contracting revenue in 2009 stood at $2.94 billion.

It is the 6th among the 54 Chinese companies on the list. All the top five are extra-large companies under the State-owned Assets Supervision and Administration Commission, namely, China Communications Construction Group (13th on the list), China State Construction Engineering Corporation (22nd), China Railway Construction Corporation (25th), China National Machinery Industry Corporation (26th) and China Metallurgical Group (31st).

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