Gezhouba Group
| Type | State-owned enterprise |
|---|---|
| Traded as | SSE: 600068 |
| Industry | Hydroelectric engineering, power transmission construction, transportation construction, real estate development |
| Headquarters | China |
| Website | www.gzbgj.com |
Gezhouba Group (中国葛洲坝集团公司) (Public, SHA:600068) is a Chinese construction and engineering company based in Wuhan, Hubei. Based on 2011 numbers, the company is the 42nd largest contractor by revenue in the world.[1]
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.[2] 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.[2] Overseas projects include a 4.97 billion yuan ($727.78 million) contract signed in 2010 with Kazakhstan Natural Gas Technology to establish a hydroelectic plan on the banks of the Chilik River in Kazakhstan.[2]
References
- ↑ "The Top 225 Global Contractors". Engineering News-Record.
- ↑ 2.0 2.1 2.2 "Gezhouba profits abroad". China Daily. March 10, 2010.
