Complant
| Type | State-owned enterprise |
|---|---|
| Industry | Construction, sugar processing |
| Headquarters | Beijing, People's Republic of China |
| Area served | People's Republic of China |
| Key people | Chairman: Mr. Liu Xueyi |
| Website | China National Complete Plant Import & Export Corporation (Group) company page |
China National Complete Plant Import Export Corporation (Complant) is a Chinese company mainly involved in contracting and engineering in the domestic market and several international markets. In a 2013 ranking compiled by Engineering News-Record of revenue from international contracting work, Complant was listed at number 235 with $154.5 million in international revenue in 2012.[1]
In addition, the company has several subsidiaries in the sugar industry. Complant Magbass Sugar Company is a subsidiary located in Sierra Leone that operates a sugar production facility, in Magbass, Tonkolili district, rehabilitated by the company in 2003.[2] The sugar operations in Sierra Leone has enjoyed the support of the local traditional elder, Paramount Chief, Alhaji Masakama Kanamanka 111, who in a ceremony in November 2012 for the sugar facility lashed out at anybody under his domain who stole equipment or burned the crops of the company.[2]
The company became a major investor in Jamaica in 2011 with the purchase of three sugar factories in a divestment by the government of Jamaica.[3] The sugar factories were sold for 9 million USD with a planned investment of 156 million to follow the purchase in order to rehabilitate the factories.[3] The company moved rapidly on the investment, investing 8 million USD in rehabilitation and buying 20 million USD in spare parts and materials before taking control of the facilities.[3] For the Jamaican government, the goals behind the sale included improvement of efficiency in the transferred factories and, down the line, the transformation of the Jamaican sugar industry.[3]
References
- ↑ "The Top 250 International Contractors". Engineering News Record. 2013.
- ↑ 2.0 2.1 "COMPLANT Magbass Sugar Company Commences 2012/2013 Production". Concord Times. November 22, 2012.
- ↑ 3.0 3.1 3.2 3.3 "COMPLANT wasting no time". The Gleaner. August 16, 2011.
