China Geo-Engineering Corporation
Not to be confused with
CGCOC Group, a joint venture of CGC with other companies
China Geo-Engineering Corporation (abbreviated as CGC) is a Chinese construction company that ranks in the Engineering News Record annual compilation of construction firms as one of the 250 largest international contractors by sales, with international project revenue of $665.6 million in 2012.[1]
The company has performed work in several water related infrastructure projects across Africa.[2] In 2005, it won a tender against a field of 10 companies and consortia in Mozambique to build the water supply network in the cities of Xai-Xai and Chokwe.[2] In Zambia, the company worked on the Kabwe water and sanitation project, powering through the project despite delays by the Zambian government in disbursing counter party funding.[2] By the end of 2007, the government moved to fund the 1 billion Zambian kwacha in delayed payments, an action praised by the Lusaka Times in an editorial as "a very good development".[3] When the company started in Ghana in 2005, it started out drilling water holes and then moving on to other water projects and infrastructure.[4]
The Ghana branch of the company is well developed with, as of 2013, about 1000 employees, 800 of whom are local, and does about $50 million in business every year. It works on contracts in water, roads, and hospitals.[4]
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Category:Construction and civil engineering companies of China |