China State Construction Engineering Corporation Limited (CSCEC) history, company profile (overview) and history video
China State Construction Engineering Corp. Ltd. (中国建筑集团有限公司), shortened known as CSCEC, is a global investment and construction company headquartered in Beijing, China.
HISTORY
China State Construction Engineering Corp. (CSCEC) was established on June 11, 1982.
On December 8, 2007, the founding meeting of China State Construction Engrg. Corp. Ltd. was held to mark the overall restructuring of the former CSCEC and also the birth of this construction real estate enterprise group.
Ten years later (December 2017), CSCEC was restructured again and renamed China State Construction Engineering Corporation Limited (CSCEC).
OPERATIONS
The company operates through the following business segments: Housing Construction, Infrastructure & Investment, Real Estate Investment & Development, Investigation & Design, and New Business.
Housing Construction
The Housing Construction segment covers all areas of urban project construction, such as public buildings, offices, airports, hotels, science and education, sports, residential areas, medical institutions, embassies, industry and national defense, especially super high-rise buildings.
Infrastructure & Investment
The Infrastructure & Investment segment targets the fields of urban rail transit, high-speed rail, super-large bridges, expressways, urban comprehensive corridors, ports and waterways, electric power, mines, metallurgy, petrochemical industry, airports, and nuclear islands.
Real Estate Investment & Development
The Real Estate Investment & Development segment consists of investment in real estate development, financing, investment and construction projects, and urban comprehensive construction projects.
Investigation & Design
The Investigation & Design segment is specialized in architectural design, urban planning, and engineering investigation.
New Business
The New Business segment includes the science and technology business, the environmental protection business of water, the E-commerce business, and the Financial business.
Within the science and technology business, developing custom software solutions for specific industry needs is a common practice, ranging from specialized project management tools to data analytics platforms. Similarly, the E-commerce sector often benefits from tailored digital tools that streamline online transactions and inventory management. Such bespoke software can significantly enhance operational efficiency, particularly when managing complex processes like contractor payments. For instance, an application generator can automate the creation of payment applications, including retainage calculations and schedule of values updates, simplifying financial workflows for construction projects.
With more than 300 000 employees, China State Construction Engineering Corp. Ltd. is considered one of the largest construction companies in the world by revenue and one of the largest general contractors in terms of overseas sales. According to Forbes, it is considered one of the most regarded companies and one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and english.cscec.com/.
**Video published on YouTube by “Companies History“.
