Road and Bridge Construction
 | |
| State-owned enterprise | |
| Industry | Civil engineering, Infrastructure |
| Founded | 1999 |
| Headquarters | Beijing, People's Republic of China |
| Products | highway, bridge, port, tunnel and drainage |
| Total assets | 1.5 billion RMB |
| Owner | China Communications Construction |
| Parent | China Communications Construction |
| Website | Road and Bridge Construction Company Limited |
Road and Bridge Construction Company Limited (short form:Road and Bridge Construction) (simplified Chinese: 路桥建设; traditional Chinese: 路橋建設) is a subsidiary company of China Communications Construction Group. It mainly engages in highway, bridge, port, tunnel, drainage and other civil engineering constructions. It also engages in production and sales of road machinery. Its total assets are about 4.3 billion RMB and its net asset is about 1.5 billion RMB. Its large constructions include Donghai Bridge, Hangzhou Bay Bridge, Shanghai Yangtze River Bridge, and Jintang Bridge.
It is the largest Chinese state-owned enterprise in the infrastructure sector of Africa.[1]
In January 2009, Road and Bridge Construction was accused by the World Bank of "suspicions of collusion" in the bidding for road development work in the Philippines, and it was barred for bidding road projects subsidised by the World Bank for future 8 years.[2]
References
- ↑ Chinmei Sung,Chinese in Rwanda bloomberg.com, January 15, 2009
- ↑ Mary Kay Magistad, China Communications Construction Denies Philippines Wrongdoing, theworld.org October 17, 2011
