One of China’s Largest BRI Builders Faces Economic Headwinds at Home

Exterior of the China Communications Construction Corporation building in Beijing, China.

Business is booming for the China Communications Construction Company. It is one of the world’s largest construction companies and built many of China’s iconic BRI projects, including the controversial Port of Hambantota in Sri Lanka and the Standard Gauge Railway in Kenya. Signed contracts jumped 22% in the first half of the year, mostly for projects in Africa, the Americas, and Southeast Asia.

In fact, CCCC’s Portuguese affiliate Mota-Engil just closed on a $1.3 billion deal to expand the subway system in Monterrey, Mexico.

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by Eric Olander

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