In 2021, China's industry-wide foreign direct investment will be 936.69 billion yuan, a year-on-year increase of 2.2%. China's foreign investment and cooperation have developed steadily. The large foreign contracted projects are mainly concentrated in infrastructure fields such as transportation. In December 2021, in the ranking of global payment currencies based on amount statistics, RMB international payments surpassed Japanese yen to become the fourth most active currency in the world. These achievements benefit from the implementation of the Belt and Road strategy.

The proposal of the Belt and Road Initiative has pointed out the direction for the overseas business development of major construction companies. Enterprises follow the trend, deploy overseas and fully promote the development of overseas business. What achievements will the major construction central enterprises achieve overseas in 2021?

Chinese enterprises go global, large orders are blooming in many countries

Chinese enterprises have received 20 large overseas orders of over 5 billion yuan, and large central enterprises have played the role of "main force" and established international cooperative relations. Among them, it is worth mentioning that China State Construction and other foreign companies have swallowed 54.2 billion yuan in the Northeast Route Project of Melbourne, Australia. So far, this project is the largest infrastructure project that China State Construction has participated in overseas. China State Construction also likes to mention two large housing construction projects in Egypt totaling 17.6 billion yuan.

China Civil Engineering and Engineering Group won the 19.5 billion Nigerian East Line Railway, the 8.5 billion Taizania Central Line Standard Gauge Railway, and the China Railway 14th Bureau took over 9.6 billion Guinean housing projects.

CITIC Construction has won 36.4 billion Iraqi heavy oil power plants in Iraq. Energy cooperation is a key area in the joint construction of the "Belt and Road". The completion of this project will make up for 30% of Iraq's electricity gap, greatly ease the power shortage situation, and boost its energy Supply develops in the direction of high efficiency, cleanliness and diversification.

Major central SOEs battle overseas, CRCC wins overseas king

According to the published annual report data, the six major construction state-owned enterprises will have over 990 billion yuan worth of newly signed overseas contracts in 2021, which is close to one trillion yuan (China Communications Construction and China Metallurgical Group did not publish relevant data). China Railway Construction will firmly sit on the throne of the "Overseas King" in 2021 with a newly signed contract value of 257.3 billion. In recent years, many overseas champions have been won by China Communications Construction. In 2018, they changed hands to China Construction, and from 2019 to 2021, they all went to China Railway Construction. Congratulations!

As the overseas runner-up, China Energy Construction has won 217.15 billion new contracts, a year-on-year growth rate of 21.6%. In 2021, China Energy Construction will sign overseas projects of 164.2 billion yuan; China Railway and China Construction are on a par, signing contracts in overseas fields 151.7 billion yuan in orders!

The overseas epidemic is raging. In 2021, China Railway Construction, China Energy Construction, and China Railway will continue to deepen their overseas markets, and their new signings will still maintain a growth rate of over 10%.

China Railway Construction

Since 2019, CRCC has vigorously promoted the strategy of "overseas priority", and practiced high-quality CRCC to achieve high-quality development in the international contracting market. The average value of newly signed contracts in overseas markets in the past three years has exceeded 250 billion.

As the two major overseas platforms of China Railway Construction Group, China Earth Group and China Railway Construction International will give full play to their strong market development capabilities in 2021, and have signed multiple orders in a row; China Railway 11th Bureau/14th Bureau/16th Bureau/17th Bureau /The 18th innings... successively won bids in the Guinean regional market.

Energy China

In recent years, CEEC's overseas new signing volume has been showing a good upward trend. In 2021, the company's overseas new signing volume will reach 217.15 billion yuan, breaking the 200 billion mark for the first time and achieving the highest growth rate in a year.

Energy China will sign 96 overseas contracts in 2021, involving Vietnam, Indonesia, the Philippines and other countries. The types of projects signed are mainly wind power and municipal roads.

7.1 billion te Dolisas Cape LPG storage and transportation project; 5 billion Uzbekistan Syr Darya 1500MW gas combined cycle independent power generation project...

POWERCHINA

In 2021, the value of new contracts signed overseas by China Power Construction was 164.2 billion yuan, ranking second in the value of newly signed contracts in 5 years, but it decreased by 18.54% year-on-year in 2020, and the decline was relatively large.

According to incomplete statistics, POWERCHINA has won bids for 120 overseas projects, of which the 11th Bureau of Hydropower, the 9th Bureau of Hydropower, POWERCHINA Municipal, and POWERCHINA International are well-deserved masters of POWERCHINA's orders, and many overseas contracts have been signed!

POWERCHINA will achieve a good start in 2022, signing an EPC contract of US$880 million for the Iraqi Missan Refinery Project. Another major breakthrough was made in the refining field.

China Communications Construction, China Railway, China State Construction, China Metallurgical Corporation, China Chemical, etc., as central construction enterprises "going overseas", have exerted their respective competitive advantages in developing overseas markets, and have also achieved no small achievements and new breakthroughs. Expand. In 2022, can China Railway Construction continue to be the champion of overseas signing?

In 2022, Yang Fan will go to sea and go to the future together

As of December 16, China has signed more than 200 cooperation documents on the joint construction of the "Belt and Road" with 145 countries and 32 international organizations. Most of the countries on the Belt and Road map are our crude oil suppliers. China helps the Belt and Road countries build high-speed rail and highways, as well as urban infrastructure such as schools and hospitals. Our country needs raw materials from these countries, which can be described as a grand strategy of mutual benefit.

As more and more countries reach a willingness to cooperate, the overseas infrastructure market has a wider territory. At the same time, overseas business is not limited to project contracting, energy resource development, high-speed railway and highway construction, but also covers nuclear power, hydropower, wind power, telecommunications, and power grid construction and operation. and other fields, to develop towards diversification. In 2022, there are frequent reports of overseas signing of major construction companies, and Chinese companies are steadily moving towards internationalization. Let us witness together! Editor/Sang Xiaomei