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Anhui Hengshui Public Engineering Corporation
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Legal residence:China
Organization type:Engineering firm
Funding agencies: World Bank HQ, Other
Sectors: Civil Engineering, Water & Sanitation
Status:
Active
About
Anhui Construction Engineering Group Co., Ltd. (ACEG) has been qualified not only as one the Top 500 China’s Enterprises, but also Top 250 ENR’s International Contractors and its main businesses are engineering construction, investment, industrial chain finance and real estate, and possesses five top grade qualifications as a general construction contractor in sectors of building and road construction, municipal infrastructure engineering and so on and possesses franchises to contract projects and provide labor services abroad and to implement Chinese foreign aid turn-key projects of construction tasks and in addition, ACEG has more than 140 professional qualifications for different kinds of projects, including 74 first-class qualifications. ACEG operates 20 subsidiary and branch firms and 1 public institution and 1 postdoctoral research station. Among which, Anhui Hydro is the first listed company (stock code: 600502) in field of construction in Anhui Province and ACEG Technology Center is rated as a technology center of national level.
Through efforts over the past few years, ACEG has successfully and strategically transformed its business types from traditional construction to investment operations with a trend to high-end businesses and upstream of the industrial chain by themes of "Reform, Transformation and Development". During the National 12th Five-year Plan period, ACEG has invested nearly RMB50Billion Yuan to a number of projects involving in water conservancy, energy, transportation, environmental protection and urban infrastructure in many cities in Anhui Province and other part of China and has also set foot in investment businesses in regions such as Hong Kong and in countries such as Angola, Algeria, Kenya and has accumulated rich experiences in investment operation managements and in 2016, ACEG has accelerated the course of business upgrading and transformation that 11 project contracts based on PPP mode signed with a total contract amount of RMB20Billion Yuan, and an industrial fund has been established between ACEG and a banking body that a project valued some RMB100Billion Yuan can be financed and nowadays, ACEG has achieved scaled production for its building industrialized base and rapid development of the industrial chain finance.
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