China Aluminum International Engineering Explained

China Aluminum International Engineering Co., Ltd.
Native Name:中铝国际工程股份有限公司
Type:State-owned enterprise
Industry:Engineering, consulting, and technical services
Location City:Beijing
Location Country:China
Revenue:RMB 16.4 billion (2012)
Net Income:RMB 1.44 billion (2012)
Parent:Aluminum Corporation of China (Chinalco)
Homepage:Chalieco.com.cn

China Aluminum International Engineering (also known as Chalieco) is a Chinese engineering firm in businesses including engineering design and consultancy, engineering and construction contracting and equipment manufacturing. As a contractor it is the 124th largest construction firm in the world as ranked by Engineering News-Record in 2013.[1]

It operates as a subsidiary of the Aluminum Corporation of China (Chinalco), which holds 83% of the shareholding of the company. The company premièred on the Hong Kong Stock Exchange with a 2012 IPO that listed 15% of the shares on the exchange.[2]

The company has invested heavily in operations in Vietnam and Venezuela.

Notes and References

  1. Web site: The Top 250 Global Contractors. Engineering News Record.
  2. Web site: Annual Report 2012. Chalieco.