Weihai International Economic and Technical Cooperation Co.

What Weihai International Economic and Technical Cooperation Co. does

Weihai International Economic and Technical Cooperation Co. (WIETC) is a privately held Chinese international engineering contractor founded in 1989, headquartered in Weihai, Shandong Province. The company specializes in overseas construction contracting and economic & technical cooperation, with operations concentrated in African government infrastructure markets across at least 18 countries including the Democratic Republic of Congo, Republic of Congo, Senegal, Côte d'Ivoire, Equatorial Guinea, Mozambique, Uganda, Guinea, Burkina Faso, Mali, Comoros, Togo, and Papua New Guinea. WIETC operates six business segments: Engineering Construction (its core), Labor Cooperation, Shipping Cooperation, Real Estate Development, Resource Development, and Capital Operation. The company employs 251-500 staff at headquarters and overseas subsidiaries, with peak deployment of 800+ workers across 30+ concurrent projects.

WIETC's core technical capability is large-scale EPC (Engineering, Procurement, Construction) infrastructure delivery, spanning airports (Maya-Maya International Airport in Brazzaville with 50,000 sqm terminal and 2 million annual passenger capacity; Malabo International Airport in Equatorial Guinea; Conakry Airport expansion in Guinea; Lomé Airport apron expansion in Togo), high-capacity water treatment and supply systems (Kinshasa OZONE water treatment serving 5 million residents; Gulu water supply in Uganda; $71.85M OZONE contract), sports venues (Black Cliff Stadium built for the 2007 African Youth Cup with 20,000-seat capacity), public buildings (parliament centers, conference facilities, universities, hospitals, court buildings), roads (RN12A National Highway in Madagascar), and residential/commercial real estate (Senegal Dakar Allure luxury apartments). The company executes these through wholly-owned local subsidiaries ("Zhengwei Companies") in target countries plus a Beijing branch, often in joint venture with state-owned Chinese construction groups such as Shandong High-Speed Group and China Airport Construction Group.

Revenue is generated through project-based government contracts won via international public tendering and bilateral negotiations with African government ministries, frequently financed by multilateral development institutions including the World Bank and African Development Bank. Additional revenue streams include labor dispatch (nurses, sailors, construction workers, technicians), maritime/shipping services through subsidiary Wanfang Shipping, real estate investment and development, and resource development (including a 2023 potash mining project in Republic of Congo). The customer base is overwhelmingly sovereign — national governments of African states and multilateral development banks — with one notable private financial sector client (BNDA in Mali). The company is founder-led under Chairman Zhang Shicheng and maintains executive control with no disclosed outside equity, debt, or PE/VC backing.

Name

Weihai International Economic and Technical Cooperation Co.

Legal name

威海国际经济技术合作股份有限公司

Website

https://wietc.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

251–500 employees

Short description

Weihai International Economic and Technical Cooperation Co. is a Chinese private international contractor executing large-scale infrastructure for African governments across 18+ countries. It delivers airports, water systems, stadiums, roads, housing, and resource projects via EPC contracts, often funded by multilateral development banks.

Ownership category

akta.pro rank

Product category

International Engineering Construction Services

NAICS

Architectural, Engineering, and Related Services (5413)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Services-Engineering Services (8711)

akta.pro primary industry

Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA)

akta.pro secondary industry

Environmental & Permitting Compliance During Construction (Erosion Control, Wildlife Mitigation, Monitoring) (EUAMAFAM)

Keywords

• International construction contracting
• Engineering construction services
• Overseas infrastructure contracting
• Labor cooperation services
• Real estate development

Headquarters

HQ city

Weihai

HQ country

China

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Engineering Construction Contracts: Revenue from international construction contracts, primarily for government infrastructure projects in Africa including airports, roads, water supply systems, public buildings, and housing. Projects include EPC contracts, design-build contracts, and construction-only contracts.
2. Labor Cooperation Services: Services providing skilled and unskilled labor for international projects, including dispatch of nurses, sailors, construction workers, and technicians for overseas employment.
3. Shipping Cooperation: Shipping and maritime services including vessel management and maritime labor dispatch services.
4. Real Estate Investment and Development: Investment in and development of real estate projects in international markets, including residential complexes, hotels, and commercial properties. Examples include Golden City Oasis project in DRC and Golden Tulip Hotel.
5. Resource Development: Development of natural resources including fishing industry, salt farms, and mineral processing operations.
6. Capital Operations: Investment and capital management operations supporting company projects and subsidiaries.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

WIETC is an international engineering and construction contractor that delivers large-scale infrastructure projects for African governments and international development finance institutions. Its core offerings include airports, roads, water supply and treatment systems, public buildings, stadiums, hospitals, housing complexes, and industrial facilities, executed primarily through EPC and design-build contracts. The company also provides international labor dispatch, shipping cooperation, real estate development, and resource development services across more than 35 countries.

Product overview

Weihai International Economic and Technical Cooperation Co., Ltd. is a Chinese international engineering and construction company operating across Africa with six core business segments: Engineering Construction, Labor Cooperation, Shipping Cooperation, Real Estate Development, Resource Development, and Capital Operation. The company executes large-scale infrastructure projects including airports (such as Maya Maya International Airport in Congo Brazzaville, Malabo International Airport in Equatorial Guinea), roads (N14 roads in Mozambique, Kenya Nakuru roads), water supply and drainage systems (Kinshasa Ozone water treatment plant serving 5 million people), sports venues (Black Cliff Stadium for 2007 African Youth Cup), public buildings (parliament centers, hospital projects), and residential housing developments. Major ongoing projects include the Senegal Dakar Allure luxury apartment project, Côte d'Ivoire battery energy storage facilities, and various university campus developments across Africa.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering Construction International engineering construction services delivering infrastructure projects such as airports, roads, bridges, public buildings, and sports venues across African markets, executed via EPC and design-build contracts for government clients and international development institutions.
• Labor Cooperation International labor cooperation services including dispatching skilled and unskilled workers (nurses, sailors, construction workers, technicians) for overseas employment projects across various sectors.
• Shipping Cooperation Maritime and shipping cooperation services related to vessel management and maritime labor dispatch services supporting international project logistics and transportation.
• Real Estate Development Real estate development projects including residential complexes, commercial buildings, and housing developments in international markets, with notable projects such as the Golden City Oasis in DRC and the Golden Tulip Hotel.
• Resource Development Resource development services including mining (potash), agricultural projects (salt farms), and natural resource exploitation projects in international markets.
• Capital Operation Capital investment and financial operations supporting project financing and investment management across WIETC's portfolio of subsidiaries and projects.

Quantifiable outcome

• Kinshasa OZONE water treatment project serves 5 million residents
• +2 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered minor.

• Shandong High-Speed Group (山东高速集团)minorStrategic or Co-development PartnerJoint implementation partner on Madagascar RN12A National Highway Upgrade Project. The project is a World Bank funded EPC contract with combined entity of Shandong High-Speed Group and Weihai International.
• China Airport Construction Group (中国民航机场建设集团)minorStrategic or Co-development PartnerJoint implementation partner on Togo Lomé Airport Phase 2 Apron Expansion Project. Combined design and construction capabilities for airport infrastructure.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• China Communications Construction Company (CCCC): Global ports, roads and marine infrastructure leader; comparable on port/fisheries infrastructure and large African road concessions, though far larger and parent of CRBC/CHEC.
• China State Construction Engineering Corporation (CSCEC): World's largest construction contractor; competes with WIETC in African airports, public buildings and large infrastructure EPC and benefits from similar Chinese development-bank financing channels.
• VINCI Construction: Global French-headquartered infrastructure and concessions major; competes with WIETC in African public buildings, water and transport infrastructure on MDB-funded tenders with a more developed concessions pipeline.

Direct peers

• PowerChina / Sinohydro: Dominant Chinese hydropower and power-infrastructure EPC contractor in Africa; comparable for water treatment, large-scale public infrastructure and DFI-funded energy projects adjacent to WIETC's pipeline.
• China Civil Engineering Construction Corporation (CCECC): China's flagship Africa-focused EPC contractor with deep rail, road, and building portfolio; operates the same Chinese SOE EPC model targeting African government and MDB-funded projects, making it the closest business-model and geography peer.
• China Airport Construction Group (CACC): Specialist Chinese airport EPC firm and JV partner with WIETC on the Togo Lomé Airport Phase 2 Apron Expansion; directly comparable on the airport terminal/runway/apron construction work that is one of WIETC's signature capabilities.
• Shandong Hi-Speed Group: Shandong-based infrastructure investor/contractor and JV partner with WIETC on the Madagascar RN12A National Highway Upgrade; directly comparable as a regional Chinese infrastructure player and consortium bidder.
• China Road and Bridge Corporation (CRBC): Specialist Chinese road, bridge and highway EPC contractor with extensive African footprint (Kenya, Senegal, etc.); directly comparable to WIETC's road and National Highway upgrade work.
• China Harbour Engineering Company (CHEC): CCCC subsidiary focused on marine and port construction worldwide; comparable to WIETC's port, fishing-port and fisheries infrastructure offering across African coastal markets.

Emerging players

• AVIC International Holding: Chinese aviation-and-infrastructure contractor active across emerging markets including Africa; overlapping exposure to airport construction and aviation-adjacent EPC for government clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Wh_China
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries12 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 Weihai International Economic and Technical Cooperation Co.