The US magazine, Engineering News-Record (ENR), has recently released the Top 250 Global Contractors and the Top 250 International Contractors. With its global contracting revenue of approximately $131 billion, CSCEC ME’s parent company CSCEC has again topped the Top 250 Global Contractors rankings published by ENR for the third year running since 2016.
Of the top 10 global contractors (by revenue) on the list, the top four are Chinese companies. It should be noted that while perhaps not taking over the world, Chinese construction companies are making their presence felt in the global construction industry.
Making revenue of $13.972 billion out of its overseas construction business, CSCEC has its ranking risen three places from 2017 to enter the top 10 among the Top 250 International Contractors this year, indicating the continued effects of its international expansion strategy.
As an authoritative academic journal in the global engineering and construction field, the ENR releases the Top 250 Global Contractors and the Top 250 International Contractors annually. The two ranking lists are widely recognized in the construction sector to comprehensively reflect the dynamics of the year in the global construction market.