Zhongding
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| Headquarters | Nanchang, Jiangxi, China |
|---|---|
| Website | ziec.com.cn |
Zhongding International Construction Group Co., Ltd. (abbreviated as ZICG) is a Chinese construction and engineering company formed from the Zhongding International Engineering Co., Ltd.[1] The company is listed among the 250 largest international construction contractors in 2013, having recorded international contracting revenue of 275.4 million USD.[2]
One of the company's long time overseas operations is its subsidiary in Nepal, where it has been active since 1996.[3] One of its Nepalese projects is the Sunkoshi Hydropower station located in Sindhulpalchok District.[3]
Another important overseas market is Algeria. Since the early 1990s, an affiliated company, the Pingxiang Coal Group has worked in Algeria on dozens of medium and large projects.[4] The construction by Zhongding of a sewage system in Oran in 2008 was used as an example in a Financial Times article titled "Algeria turns to Chinese knowhow".[5] Also in Algeria it along with Jiangling Motors sought to build a special economic zone for 30-50 Chinese enterprises to establish manufacturing of automobiles, construction materials, and other products.[4] However, a change in the Algerian foreign investment law required a local co-investor hold a majority stake in such kinds of investments, which stymied the project, putting it on hold.[4]
In a contracting project in Botswana, it was brought on by the Chinese government to build the Gaborone Multi-Purpose Youth Center, a sports center for the youth, given as a gift by China to be used for the 2014 African youth games.[6] Construction started in 2009 and was completed in time for a hand off ceremony in December 2012.[7]
References
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