Description

CITIC Group has significantly enhanced its engineering contracting business, undertaking a diverse range of major projects across Asia, Africa, and Latin America. The company’s portfolio spans various sectors including metallurgy, chemical industry, power generation, nonferrous metals, infrastructure, and social housing. Notably, the successful execution of prominent overseas projects, alongside the completion of the Beijing National Stadium (the Bird’s Nest), has further cemented CITIC Construction’s reputation in the industry. In 2008, CITIC Construction made remarkable strides, moving up to the 72nd position on the list of the Top 225 International Contractors, from the 98th place in the previous year, and achieving a top 10 ranking within China for the first time. By the end of 2008, the total value of contracts reached RMB16.4 billion, reflecting a 53.5% year-over-year increase, with operating income of RMB10.8 billion, marking a 41.9% growth, and a profit before tax of RMB600 million, up by 68.4% year-over-year. The company continued to show steady progress with its contracts, including all nine sections of the expressway in Algeria.

Specifications