CR Construction Group
CR Construction Group is a Hong Kong-listed general building contractor (HKEX: 1582) delivering new construction and RMAA works across residential, commercial, institutional, governmental, and environmental projects, controlled by Zhejiang Construction Group and serving Hong Kong, Macau, the UK, and Malaysia.
- Company typePublic
- Founded1967
- HeadquartersKowloon City, Hong Kong SAR China
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What CR Construction Group does
CR Construction Group Holdings Limited is a Hong Kong-listed general building contractor (HKEX: 1582) incorporated in 1967, controlled since 2014 by Zhejiang Construction Group (浙建集團), a state-owned Chinese conglomerate. The company delivers new building construction works and Repair, Maintenance, Alteration and Addition (RMAA) works across residential, commercial, industrial, institutional, and governmental sectors, and has begun expanding into environmental services and wastewater treatment via a 2023 acquisition and a March 2025 joint venture with Tiantai Construction. Underlying technical capability rests on Building Information Modeling (BIM) consultancy, multiple ISO certifications (9001, 14001, 50001, OHSAS 18001), and approved-contractor status on Hong Kong government procurement lists including the Works Branch Development Bureau and Housing Authority registers.
The business model is project-based main contracting won through competitive tendering. Revenue is recognized on long-duration contracts across public housing, private residential and commercial developments, educational institutions, and specialized facilities such as data centers and logistics hubs. Customer concentration skews toward the Hong Kong Housing Authority and Housing Society for public housing, major developers (Chinachem, China Resources, Kerry Properties) for private work, and universities (PolyU, CityU, HKU, CUHK, Chu Hai) for institutional projects. Pricing is one-time, per-contract, with disclosed contract sums ranging from HK$1.4 billion to HK$2.2 billion per major project; partnership and joint-venture consortiums are used to access larger tenders (e.g., Sun Fook Kong on DHL Central Asia Hub expansion, Penta Ocean on the Hong Kong Design Institute).
Group structure includes wholly-owned operating subsidiaries CR Construction Macau (since 2006), CR Construction (U.K.) Investments, Triumph Success Developments (Malaysia), and Zhejiang Construction Investment Environment Engineering, with a US$3 million cornerstone investment in Manycore Tech Inc. executed in April 2026 as a portfolio diversification move. FY2025 reported revenue of HK$8,572.2 million (+41.3% YoY) and gross profit of HK$486.2 million (+37.6% YoY), with 15 new contracts worth approximately HK$5.6 billion secured during the year.
CR Construction Group firmographics
Firmographics- Name
- CR Construction Group
- Legal name
- CR Construction Company Limited
- Website
- https://cr-construction.com.hk
- Company type
- Public
- Founded year
- 1967
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- CR Construction Group is a Hong Kong-listed general building contractor (HKEX: 1582) delivering new construction and RMAA works across residential, commercial, institutional, governmental, and environmental projects, controlled by Zhejiang Construction Group and serving Hong Kong, Macau, the UK, and Malaysia.
- Ownership category
- akta.pro rank
CR Construction Group industry classification
Industry- Product category
- Building Construction Services
- NAICS
- Nonresidential Building Construction (2362), Residential Building Construction (2361), Construction (23)
- SIC
- General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520), Construction - Special Trade Contractors (1700)
- akta.pro primary industry
- Commercial General Contracting (New Build) (IMAFAAAA)
- akta.pro secondary industries
- Residential General Contracting (New Build) (IMAFAAAB), Office & Corporate Building Construction (IMAFACAA)
Keywords
Where CR Construction Group is headquartered
LocationHeadquarters
- HQ city
- Kowloon City
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices1 record
Markets served
CR Construction Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Construction Contract Revenue: CR Construction generates revenue primarily through securing and executing construction contracts across residential, commercial, industrial, institutional, and governmental sectors. Revenue is project-based with long contract periods.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Project-based construction contracts |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
CR Construction Group product offering
Product offeringCore offering
CR Construction Group is a general building contractor that provides construction, repair, maintenance, alteration, and addition (RMAA) works across residential, commercial, industrial, institutional, and governmental projects in Hong Kong. The company delivers building construction works as a main contractor, specialized waterproofing works, and Building Information Modeling (BIM) consultancy services. It secures and executes multi-year project-based contracts through competitive tendering with government agencies, public institutions, and private developers.
Product overview
CR Construction Group provides comprehensive construction services as a single unified offering portfolio. The core services include Building Construction Works (new construction across residential, commercial, industrial, institutional, and governmental sectors), RMAA Works (Repair, Maintenance, Alteration and Addition for existing buildings), Waterproofing Works, and BIM Consultancy Services. The company operates as a main contractor delivering construction projects throughout Hong Kong and has expanded operations to the UK and Southeast Asia.
Differentiator
Problem solved
Functional benefit
Products and services
- Building Construction Works New building construction services for residential, commercial, industrial, institutional, and governmental projects, delivered as a main contractor in Hong Kong.
- RMAA Works Repair, Maintenance, Alteration and Addition (RMAA) works for existing buildings and facilities.
- Waterproofing Works Specialized waterproofing services for buildings and data centre developments.
- BIM Consultancy Services Building Information Modeling (BIM) consultancy services for construction projects.
Quantifiable outcome
- FY2025 revenue of HK$8,572.2 million, representing 41.3% year-on-year increase
- +2 more outcomes
Companies that use CR Construction Group
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles3 records
CR Construction Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
CR Construction Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Tiantai ConstructioncoreCR Construction formed a joint venture with Tiantai Construction to pursue opportunities in environmental services and sewage treatment. This partnership expands the company's business scope to include environmental improvement and protection services as well as wastewater and reclaimed water treatment services.
- Sun Fook Kong Construction LimitedcoreJoint venture between CR Construction Company Limited and Sun Fook Kong Construction Limited was awarded the Foundation and Main Works Contract for the Second Expansion of DHL Central Asia Hub at Hong Kong International Airport.
- Penta Ocean Construction Co., Ltd.minorJoint venture project for New Campus for Hong Kong Design Institute and reprovisioning of Hong Kong Institute of Vocational Education (Lee Wai Lee) Campus.
- Hong Kong Cyberport Management Company LimitedminorJoint venture project with 50% share for Telegraph Bay Phase 3 and 4A residential development.
Scale indicators4 records
Recent moves11 records
Expansion highlights6 records
CR Construction Group competitors and assessment
Company assessmentDirect peers
- Gammon Construction: One of Hong Kong's largest general contractors, with deep public and private sector exposure, ISO certifications, and capability across building, civil, and M&E work. Directly competes with CR for HK Housing Authority, commercial, and infrastructure tenders.
- SOCAM Development: Hong Kong-listed construction arm of the SEB Group providing building construction, RMAA, and property services. Closely aligned with CR in business model, target customers, and HK-centric footprint.
- Paul Y. Engineering: Hong Kong-listed construction and engineering group with comparable building construction, civil works, and property development exposure. Competes head-to-head for institutional and developer-led tenders in Hong Kong.
- Shui On Construction: Hong Kong contractor with strong presence in commercial, residential, and public sector projects, including heritage preservation work. Comparable scale and customer overlap with CR.
- Hip Hing Construction: Hong Kong-based main contractor (part of NWD Group) executing large-scale residential, commercial, and public sector projects. Closely comparable to CR in customer mix, project scale, and revenue model.
- Yau Lee Construction: Hong Kong main contractor active across public housing, institutional, and commercial buildings. Similar mix of government list status, ISO certifications, and design-and-build capability.
Broad incumbents
- China State Construction Engineering (CSCEC): Largest state-owned construction group in China with global building and infrastructure operations. Competes for major Hong Kong and regional tenders and benefits from state backing similar to CR's Zhejiang parent.
- China Harbour Engineering Company: State-owned Chinese contractor active in Hong Kong on marine, civil, and building projects. Overlaps with CR on government-tendered infrastructure and public sector work.
- Leighton Contractors (Asia) / CIMIC Group: Asia-Pacific construction and infrastructure major with a significant Hong Kong presence. Competes for large-scale civil, building, and data center projects, including airport-adjacent work similar to CR's DHL hub contract.
Regional players
- Sanfield Building Contractors: Mid-sized Hong Kong building contractor focused on public housing and institutional projects. Comparable in customer base (especially Housing Authority) and project types, though smaller in scale than CR.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CR Construction Group social profiles
Digital presenceCR Construction Group compliance and trust
Trust signalCompliance3 records
CR Construction Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
CR Construction Group leadership team
Management profileNumber of profiles
Profiles8 records
CR Construction Group subsidiaries and ownership
Company hierarchySubsidiaries5 records
CR Construction Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CR Construction Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CR Construction Group
What does CR Construction Group do?
CR Construction Group is a general building contractor that provides construction, repair, maintenance, alteration, and addition (RMAA) works across residential, commercial, industrial, institutional, and governmental projects in Hong Kong. The company delivers building construction works as a main contractor, specialized waterproofing works, and Building Information Modeling (BIM) consultancy services. It secures and executes multi-year project-based contracts through competitive tendering with government agencies, public institutions, and private developers.
Is CR Construction Group a public or private company?
CR Construction Group is a public company. It is classified as public and is currently operating.
When was CR Construction Group founded?
CR Construction Group was founded in 1967. It employs 1,001 to 5,000 people.
Where is CR Construction Group based?
CR Construction Group is headquartered in Kowloon City, Hong Kong SAR China, in the Asia region.
How does CR Construction Group make money?
One revenue line is on record: construction Contract Revenue.
Who are CR Construction Group's main competitors?
Direct peers on record are Gammon Construction, SOCAM Development, Paul Y. Engineering, Shui On Construction, Hip Hing Construction and Yau Lee Construction. Broad incumbents are China State Construction Engineering (CSCEC), China Harbour Engineering Company and Leighton Contractors (Asia) / CIMIC Group. Sanfield Building Contractors is listed as a regional player.
Does CR Construction Group have an API?
No public API is recorded for CR Construction Group.
What industry is CR Construction Group in?
CR Construction Group's product category is Building Construction Services. Its primary akta.pro industry code is IMAFAAAA, Commercial General Contracting (New Build), with a secondary code of IMAFAAAB, Residential General Contracting (New Build). Its NAICS code is 2362 and its SIC code is 1540.