CSCEC

What CSCEC does

CSCEC (China State Construction Engineering Corporation Limited) is one of the world's largest construction firms and a central state-owned enterprise of the Chinese government, founded in 1982 and listed on the Shanghai Stock Exchange (ticker 601668.sh). The company operates five integrated business segments: Housing Construction, Infrastructure & Investment, Real Estate Investment & Development (via subsidiary COLI, 00688.hk), Investigation & Design, and New Business. Its core offering is large-scale engineering, procurement, and construction (EPC) services for government and corporate clients across China and internationally, with projects aligned to China's Belt and Road Initiative spanning at least 25 countries across Asia, the Middle East, Africa, Europe, and the Americas.

Revenue is generated primarily through one-time construction contracts and EPC engagements (e.g., a KD 998 million Kuwait wastewater facility, a $2.4 billion Iraq desalination project) and through managed infrastructure investments such as the world's first 1-GW offshore solar farm in Shandong. CSCEC's 2024 business income was approximately 2.19 trillion yuan with new contract value of approximately 4.5 trillion yuan, growing 1.0% in 2025 to 4,545.8 billion yuan. Distribution is direct-to-client through competitive tenders and government negotiations with no intermediary channel; key customer segments include central and provincial governments, real estate developers (via COLI), and energy/industrial corporates.

CSCEC has developed proprietary construction technologies that materially differentiate its execution capability: the Intelligent Tower Crane Control System (integrating 5G, IoT, AI vision, LiDAR, and edge-cloud digital twin technologies, deployed at 180+ projects), CMC modular construction technology (90% prefabrication rate, 50% shorter schedules, 70% waste reduction), carbon fiber cable curtain wall technology (first applied in China at the Shenzhen International Museum of Art), and millimeter-precision structural installation methods used on landmark projects including the 65,000 sqm Zhuhai Airport Terminal 2 roof. These capabilities underpin the company's C-SMART smart construction management platform and form the technological core of its competitive position.

Name

CSCEC

Legal name

China State Construction Engineering Corporation Limited

Website

https://english.cscec.com

Company type

Public

Founded year

1982

Operating status

Operating

Short description

CSCEC is a Chinese state-owned construction and engineering enterprise that delivers large-scale EPC contracts in housing, infrastructure, and real estate for government and corporate clients across China and Belt and Road Initiative markets, supplemented by proprietary smart-construction technology systems.

Ownership category

akta.pro rank

Product category

Construction and Engineering Services

NAICS

Construction (23), Architectural, Engineering, and Related Services (5413)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Heavy Construction Other Than Bldg Const - Contractors (1600), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Commercial General Contracting (New Build) (IMAFAAAA)

akta.pro secondary industries

Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA), Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Construction services
• Infrastructure development
• Real estate development
• Engineering procurement construction
• Smart construction technology

Headquarters

HQ city

Nanjing

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Construction Contracts: CSCEC generates revenue primarily through large-scale construction contracts including housing construction, infrastructure projects, and real estate development. The company secured approximately 4,545.8 billion yuan in new contracts in 2025, representing a 1.0% increase over the previous year.
2. EPC (Engineering, Procurement, and Construction) Contracts: CSCEC operates as main contractor for major infrastructure projects including desalination plants, transportation hubs, and large-scale public facilities. The company secured Kuwait's KD 998 million North Kabd wastewater facility contract and participates in projects like Iraq's $2.4 billion Grand Basra Seawater Desalination Project.
3. Real Estate Investment and Development: The company operates real estate investment and development through subsidiaries including China Overseas Land & Investment Limited (COLI: 00688.hk) and other listed entities, developing residential, commercial, and mixed-use properties.
4. Infrastructure Investment: CSCEC invests in infrastructure projects and operates them, including the world's first 1-GW offshore solar farm (Guohua Investment Shandong HG14 Offshore Photovoltaic Project) which generates approximately 1.78 billion kilowatt-hours of electricity annually.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

CSCEC is one of the world's largest construction firms delivering housing construction, large-scale infrastructure and investment projects, real estate investment and development, and survey and design services for governments and corporate clients globally. The company operates five core business segments—Housing Construction, Infrastructure & Investment, Real Estate Investment & Development, Investigation & Design, and New Business (including green and intelligent construction)—and executes projects primarily through EPC contracts and direct government tenders, with new contract value of approximately 4.5 trillion yuan in 2024.

Product overview

CSCEC (China State Construction Engineering Corporation) is one of the world's largest construction firms offering comprehensive engineering, procurement, and construction (EPC) services. The company operates five core business segments: Housing Construction Projects, Infrastructure & Investment, Real Estate Investment & Development, Investigation & Design, and New Business. These segments work together to deliver mega-projects from concept through completion. CSCEC has expanded into smart construction technologies, offering the Intelligent Tower Crane Control System for remote crane operations, the C-SMART All-in-One Smart Construction Management Platform for integrated site management, and Modular Integrated Construction (MiC) technology for prefabricated building assembly. The company's 2024 new contract amount was approximately 4.5 trillion yuan with business income of approximately 2.19 trillion yuan.

Differentiator

Problem solved

Functional benefit

Products and services

• Housing Construction Projects Residential and commercial building construction services including high-rise developments, housing complexes, and urban construction projects delivered for government and corporate clients across domestic and international markets.
• Infrastructure & Investment Large-scale infrastructure development and investment including transportation hubs, bridges, railways, highways, airports, and urban rail transit systems, often executed through public-private partnership structures.
• Real Estate Investment & Development Commercial and residential real estate development, investment, and property management services delivered through subsidiaries including China Overseas Land & Investment Limited (COLI) across China and overseas markets.
• Investigation & Design Survey, investigation, and design services for construction projects covering architectural design, structural engineering, and urban planning.
• New Business (Green and Intelligent Construction) Emerging business areas including green construction, intelligent construction technologies, and innovative building solutions such as smart site platforms and modular methods.
• Intelligent Tower Crane Control System Smart construction technology platform combining 5G, IoT, AI vision, LiDAR and edge-cloud digital twin technologies for remote control, centralized management, 3D anti-collision, automated lifting, and intelligent safety monitoring of tower cranes. In routine use at over 180 projects across more than 50 Chinese cities.
• C-SMART All-in-One Smart Construction Management Platform Comprehensive smart construction site ecosystem featuring underground pipeline inspection robots, inspection drones, AI-powered quality inspection, and intelligent acceptance solutions for enhanced construction efficiency and safety management.
• Modular Integrated Construction (MiC) Advanced construction methodology combining factory-based prefabrication with on-site assembly, achieving 90% overall prefabrication rate, 50% shorter construction schedules, 70% reduction in construction waste, and 60% reduction in water use.

Quantifiable outcome

• Lifting efficiency improvement of 15 to 30 percent using intelligent tower crane control system
• +6 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature6 records

Partnerships

Eight partnerships are on record, tiered flagship, major and core.

• Serbia GovernmentflagshipStrategic or Co-development Partner · 1 January 2027CSCEC is building the Belgrade Exhibition Center (172,000 sqm, 21,000+ tonnes of steel) as main venue for Specialized Exhibition EXPO 2027 Belgrade. Serbian President Aleksandar Vucic has visited the site more than 10 times.
• African Export-Import Bank (Afreximbank)majorStrategic or Co-development Partner · 26 May 2026CSCEC building Afreximbank Africa Trade Centre in Kampala, Uganda (51,000+ sqm with 8-story office building, 12-story serviced apartment tower). Project to enhance China-Africa economic and trade cooperation.
• Kazakhstan GovernmentflagshipStrategic or Co-development Partner · 25 May 2026CSCEC served as main contractor for Astana Light Rail project - Central Asia's first urban light rail system, first fully automated driverless smart rail transit line, and first city light rail built entirely with Chinese technology, standards and equipment. Kazak President Kassym-Jomart Tokayev inaugurated the project.
• SKYWORTH PV and SKYWORTH Group Construction & DevelopmentcoreStrategic or Co-development Partner · 26 January 2026Jointly developed SKYWORTH Smart Photovoltaic Industrial Park in Guangming District, Shenzhen. CSCEC's China Construction Eighth Engineering Division constructed the facility spanning 63,930.84 m² land area with 318,266.02 m² planned gross floor area.
• Kuwait GovernmentmajorStrategic or Co-development Partner · 1 January 2026Kuwait abandoned PPP procurement for its KD 998 million North Kabd wastewater facility in favor of a direct contract with CSCEC. Represents a significant infrastructure project under full provincial ownership.
• Iraq Government (Provincial Government)majorStrategic or Co-development Partner · 1 January 2026Iraq signed a $2.4 billion EPC contract with PowerChina for the Grand Basra Seawater Desalination Project in January 2026 under full provincial ownership.
• Gulf States Governments (Saudi Arabia Vision 2030, UAE We the UAE 2031)majorStrategic or Co-development PartnerChinese companies including CSCEC Middle East are embedding into regional governance frameworks under Saudi Vision 2030 and UAE's We the UAE 2031. Building sovereign cloud zones, co-developing AI systems, and establishing 5G networks.
• Serbia GovernmentflagshipStrategic or Co-development PartnerCSCEC responsible for design, fabrication and installation of steel structure for Serbia National Football Stadium (76,000 sqm, 12,600 tonnes of steel, 52,000+ spectators). World's first 'garden football stadium' meeting FIFA World Cup and UEFA European Championship standards.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Hochtief: German-headquartered international construction group with strong public-infrastructure and PPP exposure. Comparable to CSCEC on technical megaproject delivery and cross-border EPC.
• Vinci SA: Global construction and concessions major with strong public-infrastructure and energy project pipelines. Comparable to CSCEC on large international EPC, PPP/concessions, and integrated construction-plus-operation models.
• Bouygues Construction: European construction and civil engineering group with comparable activities in building, infrastructure, and energy projects. Comparable to CSCEC on complex nonresidential and public-sector project delivery across multiple geographies.
• ACS Group (Actividades de Construcción y Servicios): Global infrastructure and services conglomerate with extensive civil engineering and concessions operations. Comparable to CSCEC on end-to-end infrastructure delivery and operating long-duration infrastructure assets.
• Skanska: Major international construction and project development firm active in building, civil infrastructure, and energy. Comparable to CSCEC on complex nonresidential construction and public-infrastructure delivery, though smaller and without an SOE ownership base.

Direct peers

• China Railway Construction Corporation (CRCC): Another major Chinese state-owned construction and engineering conglomerate operating across rail, infrastructure, housing, and overseas projects. Directly comparable to CSCEC in scale, ownership structure, EPC capabilities, and reliance on Chinese government and Belt and Road contracts.
• China Communications Construction Company (CCCC): China's largest port, road, bridge, and marine engineering contractor and a fellow central SOE. Closely comparable to CSCEC on heavy infrastructure EPC, international project delivery, and state-driven mega-project pipelines.
• Power Construction Corporation of China (PowerChina): State-owned EPC contractor specializing in hydropower, thermal power, and renewables; explicitly partnered with CSCEC on Iraq's $2.4B Basra Seawater Desalination Project. Directly comparable on large-scale, government-tendered infrastructure EPC globally.
• China Railway Group Limited (CREC): Another top-tier Chinese SOE general contractor with overlapping infrastructure, rail, and overseas project capabilities, competing head-to-head with CSCEC for domestic and Belt and Road tenders.
• Shanghai Construction Group (SCG): Large Chinese state-owned construction group covering housing, infrastructure, and real estate development. Comparable to CSCEC on domestic building and infrastructure contracting, though smaller and more regionally focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/CSCECNEWS
• YouTubeyoutube.com/channel/UCe2GGuqcIBr5pLNZE5_N6Dw?view_as=subscriber
• Facebookfacebook.com/CSCECNews
• LinkedInlinkedin.com/company/china-state-construction-engrg.-corp.-ltd-cscec-

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CSCEC