Top 100 Construction Companies In The World 2023
The top construction companies in the world are some of the biggest names in the construction industry. They are also associated with some of the biggest building works in recent history; with which they establish their status as elite building contractors; able to execute building projects of any scale, in any location.
Construction companies are often localized; usually, they operate in one country; and then they establish themselves as industry leaders in the said locations. Recently however, construction companies have expanded beyond the shores of the country where they were established, and have gone on become industry leaders in other countries, and in other continents.
When it comes to size; construction companies are ranked according to their company value, number of employees, as well as the revenue they generate. Construction companies also gain reputation through the huge building works they do; this gives them preeminence over others.
Top 100 Construction Companies In The World 2023
1. China State Construction Engineering
China State Construction Engineering is a world renown construction company; it has completed important engineering projects in every corner of the world. The company partly owned by the state, and partly owned by private individuals through share acquisitions. This is the largest construction company in the world by revenue; and a large portion of its revenue comes from overseas sales.
China State Construction Engineering was founded in 1957; it has several infrastructure investments; some of which were built in the 60’s and 70’s, and which it retains today because the company was not able to transfer said assets when it became a publicly traded company.
The company has carried several important construction works in several locations in the world, such as the Construction of the Great Mosque of Algiers (Algeria), Commercial Bank of Ethiopia Headquarters (Ethiopia), Missile test center of the Shenzhou Space Center (China), and a major highway in Argentina.
The company has ten subsidiaries, and a large amount of income generating assets, in various sectors.
2. China Railway Group Limited
China Railway Group Limited known is a huge Chinese construction company which specializes chiefly in the construction of railway lines, as well as accompanying infrastructures, and also other engineering and construction projects.
The major shareholder of the company is the state-owned China Railway Engineering Corporation (CRECG), however, substantial stakes are also owned by the public through share acquisitions on the Shanghai and Hong Kong stock exchanges.
CREC has a large share of the Chinese construction market; it regularly does large-scale infrastructure projects both locally and overseas. The company was founded in 2007, although that was when it was brought out of its parent company as a separate entity.
The company has 31 subsidiaries; and aside from construction, it does research and development, capital management, manufacturing, installation, and so on.
3. China Railway Construction Corporation Limited
China Railway Construction Corporation Limited (CRCC) is a construction company that was established in 2007. Nevertheless, it already existed under a different corporate structure as far back as 1948. The company is based in Beijing, and traded on the Shanghai and Hong Kong stock exchange.
China Railway Construction Corporation Limited has 261,333. The company is one of the most notable names in rail construction in the world. It has been involved in several important construction jobs such as the Troitskaya line of the Moscow Metro (Russia), Construction of a rail line through Ogun State (Nigeria), Construction of an 644.6 km rail line from Dakar to the Malian border (Senegal).
4. China Communications Construction Company
China Communications Construction Company, Ltd. (CCCC) is a dynamic company that is involved in the construction and development of key infrastructure. The company does not only design and build infrastructure; it also operates some of these infrastructure, thus providing a more balanced financial structure.
China Communications Construction Company, Ltd. is mostly owned by the state; however, some of the company’s equity is also owned by the public through share acquisition. The company designs and builds highways, bridges, tunnels, railways, subways, airports, oil platforms, and marine ports all over the world.
The company was established in 2005, and now has around 118,000 employees. It has worked in several places including Bangladesh, Equatorial Guinea, and so many other places.
5. Power Construction Corporation of China
Power Construction Corporation of China was founded in 2009. It is best described as a conglomerate; it is a State-owned company administered by the Assets Supervision and Administration Commission. PowerChina consists of 779 companies, and it controls overseas brands such as Sinohydro, HydroChina, SEPCO and SEPCO III.
PowerChina has worked in over 100 countries; it is one of the biggest construction companies in the world by reach and by impact. The company has 132,583 employees.
Some of the projects done by this company include; HydroChina Dawood Wind Power Project (Pakistan) Nam Ou river cascade dams (Laos), Dau Tieng Solar Power Project (Vietnam), Melaka Gateway (Malaysia), Upgrade of Highway 2 (Israel), and Ayago Hydroelectric Power Station (Uganda).
6. Vinci
Vinci is a French company founded in 1899 as Société Générale d’Enterprises, but which was renamed Vinci along the line. The company is into construction and concession, and has operations all over the world. The company’s head office is in Nanterre, France.
Vinci has 219,299 employees, and is publicly traded on Euronext’s Paris stock exchange and is a member of the Euro Stoxx 50 index. Vinci does Infrastructure and property construction, transport infrastructure concessions such as roads, tunnels, airports, bridges, and so on. The company is also operates energy infrastructure and services
Vinci has done work all over the world; it operates Itami Airport and Kansai International Airport in Osaka, Japan; the International airport at Salvador, Brazil; and so many others.
7. Actividades de Construcción y Servicios, S.A.
Actividades de Construcción y Servicios, S.A. is a Spanish construction company. The company was founded in 1997, and is now one of the biggest construction companies in the world, with projects in many countries of the world. Headquartered in Madrid, the company was founded by Florentino Perez; one of the country’s leading investors.
Actividades de Construcción y Servicios is a publicly traded on the Madrid Stock Exchange, and it also makes up part of the IBEX 35 stock market index. The company has operations in Germany, India, Brazil, Chile, Morocco and Australia.
The company has 122,502 employees, and is involved in the construction of roads and bridges, as well as residential and non-residential buildings. The company also concessions transport infrastructure like roads and bridges; as well as does logistics, environmental services, and so on.
8. China Metallurgical Group Corporation
China Metallurgical Group Corporation is a Chinese construction and investment company headquartered in Beijing. The company engages in engineering, procurement and construction, as well as exploitation of natural resources. The company also does manufacturing, as well as real estate development and so on.
China Metallurgical Group Corporation also does paper and pulp making, equipment fabrication, and other businesses. China Metallurgical Group has 3 subsidiaries, and is owned by the state.
This company has a diversified investment portfolio, and it has operations in several countries of the world.
9. Shanghai Construction (Group) Corporation (SCG)
Shanghai Construction (Group) Corporation (SCG) is a Chinese construction and engineering company. It ranks among the top construction companies in the world by revenue; the company has operations in several countries of the world. Some of the company is owned by the state, while the other part is owned by the public through share acquisition.
The company has an arm that focuses on overseas construction projects. It operates a mining concession in Eritrea; a 5 Star Hotel in Egypt; it did a sewage tunneling project in Edmonton, Canada; and it also built housing units for the Tanzanian Ministry of Defence and National Service.
10. Bouygues S.A.
Bouygues S.A. is a French construction, investment, and industrial group headquartered in Paris, France. The company was founded in 1952, and is listed on the Euronext Paris exchange and is a blue chip in the CAC 40 stock market index. The company has 124,600 employees, and is involved in construction, real estate development, media, telecommunications, and so on.
The subsidiaries of the company include; Bouygues Construction, Bouygues Immobilier, Bouygues Télécom, Colas Group, TF1, and Alstom.
Top 100
Top 10 Construction Companies In The World 2023
Related:
- Top 10 Largest Navies In The World
- Top 10 Best Air Quality In The World
- Top 10 Best Amusement Parks In The World
Closing
The top construction companies in the world have become big by making bold moves. Chinese construction companies have boldly claimed their share of the African market by signing construction and concession agreements even at times when the areas have been volatile, and finances unsure.
This has placed them in good standing, thus able to undertake even bigger projects when the conditions have improved. Aside from their rapid expansion into the African market, they have also made moves into Europe and North America, with construction projects in Russia and Canada.
