Gezhouba Group

China Gezhouba Group Company Limited (Chinese: 中国葛洲坝集团股份有限公司) is a Chinese construction and engineering company based in Wuhan, Hubei. According to 2014 numbers, the company is the 33rd largest contractor by revenue in the world.[2] Major shareholder of the company (40.8%) is state-owned China Gezhouba Group Corporation (CGGC, Chinese: 中国葛洲坝集团公司), which is in turn a member company of the China Energy Engineering Corporation (Energy China).[1]

China Gezhouba Group Company Limited
Native name
中国葛洲坝集团股份有限公司
SSE: 600068
IndustryHydroelectric engineering, power transmission construction, transportation construction, real estate development
FoundedJanuary 23, 2006
Headquarters,
China
Area served
Worldwide
RevenueIncrease CN¥71.605 billion (2014)[1]
Increase CN¥2.287 billion (2014)[1]
Total assetsIncrease CN¥104.900 billion (2014)[1]
OwnerChina Gezhouba Group Corporation (40.8%)[1]
Number of employees
39,698 (2014)[1]
Websitecggc.ceec.net.cn

Primarily engaged in contract construction of projects, Gezhouba operates in the areas of power plants, dams, roads, bridges and civil engineering 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.[3] 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.[3] 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.[3] In November 2014, the firm was also chosen to a construct a 40 km portion of the Hazara Motorway in Pakistan.

ReferencesEdit

  1. ^ a b c d e f Gezhouba Group (2015). 中国葛洲坝集团股份有限公司 2014 年年度报告 (PDF) (Report). Retrieved 15 December 2015.[permanent dead link]
  2. ^ "The Top 225 Global Contractors". Engineering News-Record.
  3. ^ a b c "Gezhouba profits abroad". China Daily. March 10, 2010.

External linksEdit