Beijing Construction Engineering Group Explained

Beijing Construction Engineering Group Co., Ltd.
北京建工集团
Industry:Construction and engineering
Location City:Beijing
Location Country:China

Beijing Construction Engineering Group (BCEG) is a Chinese construction and engineering firm that has built important structures in Beijing and infrastructures and buildings overseas through international branches, in particular, an active subsidiary in the United States, BCEGI-USA.[1] Ranked in 2012, with revenue of US$5.5 billion, it is the 50th largest construction and engineering company in the world by revenue.[2]

International branches include operations in Congo, Equatorial Guinea, Russia, Kazakhstan, Malaysia, Mauritius, Mongolia, Philippines, Rwanda, Singapore, Tanzania, Togo, United Arab Emirates, United States, and Vietnam. A high-profile project taken on by the US subsidiary BCEGI-USA is a $1.2 billion, 94-acre wholesale merchandise mart in Osceola County in Central Florida.[3] The project was approved in 2012 and is expected to begin construction in 2014. When completed it will include a 500-room hotel, 1.5 million square feet of wholesale space, and 728 homes. An excited county commissioner referred to it as a “magnet for jobs”.

In October 2013, it was announced Beijing Construction Engineering Group will be part of a group investing £800m in Manchester Airport in England to develop its surrounding business. The news was announced by the UK Chancellor of the Exchequer, George Osborne, on a trip to China to promote UK business and encourage Chinese investors to consider the UK.[4]

Major projects

Notes and References

  1. Web site: Company Profile . BCEG International . dead . https://web.archive.org/web/20130127124650/http://www.bcegi.com.cn/eng/gsgk.php?cid=1 . 2013-01-27 .
  2. News: Top 225 Global Contractors. Engineering News-Record.
  3. News: Osceola OKs $1.2B wholesale mart for U.S. 192. Orlando Business Journal. December 14, 2012.
  4. Web site: Manchester Airport to receive investment from China. BBC. 13 October 2013. 18 October 2013.