News Letter Subscription
World Economy
US Economy
China Economy
Singapore Economy
Canada Economy
more...
Major Companies
ET 500 Companies
Forbes Companies
Fortune 500 Companies
Insurance Companies
S & P 500 Companies
more...
Indian Economy
Business & Economy
Textile Industry
VAT(Value Added Tax)
Poverty in India
FDI
more...
World Industry
Insurance
Finance
Steel Industry
Oil Industry
more...
Mortgage Industry
US Mortgage
UK Mortgage
China Mortgage
Canada Mortgage
US Economy
US Real Estate
US State Economies
US Banks
US Chambers of Commerce
more...
World Investment
Investment Strategy
Real Estate Investment
Property Investment
Online Investment
more...
Economic Relations
US China
Indo-US
Indo-Japan
more...
Stock Exchanges

Economic Indicators

Type of Economic System

World Country

Nobel Prize

World Organizations

Car Finance

Personal Finance

 
Home >>Companies>> Forbes 2000 companies list >> China >> China Communications Construction

CCCC - China Communications Construction



China Communications Construction Company (CCCC) Group is engaged in infrastructure dredging transportation design and its construction. CCCC is also engaged in port machinery manufacturing business. China Communications Construction Company is ranked number 561 on 2008 Forbes Global 2000 list.

China Communications Construction Company is biggest dredging company in People's Republic of China and third biggest in world. It is listed in Hong Kong (SEHK: 1800) Stock Exchange.

Brief history
China Communications Construction Company is headquartered in Beijing, China. It was founded on October 6, 2006. Initial capital was RMB 10.8 billion. CCCC is a transnational company that fully owns and controls 37 subsidiary companies and 10 joint stock companies.

Products and services
China Communications Construction Company is in design and construction of bridges, roads and ports. This company actively participated in construction of high class trunk roads, large bridges and principal expressways. CCCC occupies almost 50 percent of China's infrastructure development market. China Communications Construction also plays a major role in China's dredging market. It is an important port machinery manufacturer. CCCC is biggest manufacturer of container cranes in world. It has also participated in railway project construction.

China Communications Construction Company is extremely competitive in technology and human resources. It possesses 12 national level design masters, 3 Chinese Academy of Engineering members and 1 national level surveying master. CCCC also has a number of scientists and senior engineers in its payroll.

China Communications Construction has participated in construction of Chinese aid projects in different parts of world. It has been listed as a major international contractor.

Financials
China Communications Construction Company presently has around 87, 022 employees. It reported a net profit of HKD 2.7 billion in period ending June 2008. Market capitalization of CCCC was nearly HKD 101,403 million.

Awards and recognition
China Communications Construction Company has won a number of awards since its establishment. It has won 'National Prize for Scientific and Technical Progress' twenty times. CCCC has won 'China Luban Prize for Architectural Engineering' 45 times. It has won 140 other high level ministerial prizes.


Current financial crisis
China Communications Construction Company was adversely affected by global economic crisis in 2008. Construction activity has slowed down due to lower monetary liquidity.