News Column

China Gears Up in International Contracting Market

May 8, 2014

BEIJING, May 8, SinoCast -- The China International Contractors Association (CHINCA) revealed in a report turnover surpassing tens of millions US dollar in recent three years harvested by Chinese international contractors. In 2013, they inked 393 projects with contractual value surpassing USD 100 million, taking up 66% of the total recorded in the year.

Vice chairman of the CHINCA unveiled 55 Chinese companies included in global international contractor rating list ENR250 in 2013, taking three places among top ten for water conservancy construction, four places in power engineering, also favored in high-speed railway, telecom, wind power and nuclear power fields.

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Source: Sinocast Investing & Securities Beat (China)