CITIC Construction Co.

What CITIC Construction Co. does

CITIC Construction Co., Ltd. (中信建设有限责任公司) is a Beijing-headquartered international engineering contractor and wholly-owned subsidiary of CITIC Group Corporation, a major Chinese state-owned conglomerate. Founded in 1989, the company delivers large-scale Engineering, Procurement, and Construction (EPC) projects across infrastructure, social housing, commercial and residential buildings, industrial facilities, power generation, mining/mineral processing, and road material production. Its core technological capability is integrated EPC delivery, supplemented by an EPC+F (financing) model that allows the company to underwrite or arrange project capital alongside construction services. Geographic operations span more than 50 countries across Africa (Angola, Algeria, Mozambique, DRC), Latin America (Venezuela, Argentina, Brazil), Central Asia (Kazakhstan, Uzbekistan), the Middle East (Iraq, UAE), Europe (UK, Belarus, Turkmenistan), and Southeast Asia, anchored by flagship projects such as the 1,216 km Algeria East-West Highway, the 767 km Kazakhstan KB Highway reconstruction, the Venezuelan social housing program (built to Grade 8 seismic standards), and the USD 2.85 billion-per-phase AI Khairat heavy oil power plant in Iraq.

The company monetizes projects primarily through one-time EPC general contracting awards, typically from sovereign or quasi-sovereign counterparties and structured via direct government-to-government negotiations, international competitive bidding, and Belt and Road Initiative frameworks. Pricing is project-specific and tied to scope, specifications, and integrated financing arrangements rather than published rate cards. Go-to-market is exclusively direct enterprise field sales: there are no distributors, resellers, or retail channels. The marketing stack consists of a multilingual corporate website, promotional materials in Chinese, English, Russian, French, Spanish, Portuguese, and Arabic, plus earned media coverage from major Chinese state outlets (People's Daily, Xinhua, CCTV, CGTN). Customer segments cluster around government infrastructure programs, government-sponsored social housing, energy and industrial facilities, and international organization (SCO) cooperation initiatives. The company holds ISO 9001, ISO 14001, and OHSAS 18001 certifications, AAA Credit Enterprise status from the China Construction Industry Association, and a 2019 Luban Prize for the Xi'an Sheraton Hotel project, and maintains wholly-owned operating subsidiaries in the UK and UAE to support in-country delivery.

Revenue and headcount are not disclosed in the available material. Operational scale is evidenced by multi-decade continuity in marquee markets, an active campus recruitment and youth training program supporting a multilingual workforce of nine-plus languages, and individual project contract values ranging from approximately RMB 1.6 billion (four UAE contracts combined) to USD 10 billion+ (Algeria phosphate project) and USD 2.85 billion per phase (Iraq AI Khairat power plant). Ownership and corporate governance remain entirely within CITIC Group, with no external equity investors or public listing identified.

Name

CITIC Construction Co.

Legal name

中信建设有限责任公司

Website

https://construction.citic

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

CITIC Construction Co., Ltd. is a Beijing-based international EPC contractor and wholly-owned subsidiary of CITIC Group, delivering large-scale infrastructure, housing, power, and industrial projects across 50-plus countries for sovereign and state-owned clients via government-to-government negotiations and Belt and Road frameworks, with integrated project financing capability.

Ownership category

akta.pro rank

Product category

International Engineering & Construction Services

NAICS

Heavy and Civil Engineering Construction (237), Industrial Building Construction (23621), Power and Communication Line and Related Structures Construction (237130), Nonresidential Building Construction (2362)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), General Bldg Contractors - Nonresidential Bldgs (1540), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Design-Build / EPC General Contracting (IMAFAAAD)

akta.pro secondary industries

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM), Transmission line EPC & construction (overhead) (EUADAKAA)

Keywords

• International engineering contracting
• EPC project delivery
• Infrastructure construction
• Social housing development
• Belt and Road construction

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC General Contracting: Engineering, Procurement, and Construction (EPC) general contracting for large-scale infrastructure projects including highways, housing, power plants, and industrial facilities. Projects are typically government-funded or financed through international development mechanisms.
2. Project Financing and Investment: Projects incorporate financing components (EPC+F model) where the company provides or arranges project financing alongside construction services, particularly for Belt and Road Initiative countries.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

CITIC Construction is an international engineering, procurement and construction (EPC) general contractor that delivers large-scale infrastructure projects including highways, social housing, power plants, industrial facilities, and commercial buildings. The company operates under an EPC+F model, providing or arranging project financing alongside construction services, particularly for Belt and Road Initiative partner countries.

Product overview

CITIC Construction Co., Ltd. is a leading international engineering contractor offering comprehensive infrastructure, construction, and industrial development services. The company operates as a single integrated business model delivering engineering, procurement, and construction (EPC) services across multiple sectors. Core products include infrastructure construction (highways, railways, bridges), social housing development, commercial and residential building construction, industrial facility construction (fertilizer plants, cement plants), power plant construction, mining and mineral processing services, and asphalt/road material production. Supporting services include event venue operations and internal digital training platforms. The company maintains global operations across Africa, Middle East, Europe, Asia-Pacific, and Latin America regions.

Differentiator

Problem solved

Functional benefit

Products and services

• Infrastructure Construction Services Comprehensive infrastructure construction services including highways, railways, bridges, tunnels, and municipal works delivered as EPC general contracting for domestic and international government and enterprise clients.
• Highway Construction and Maintenance Construction, reconstruction, and maintenance of highways and roads, including large-scale projects such as the Kazakhstan KB Highway Reconstruction Project delivering full-line completion with modernized maintenance stations.
• Social Housing Development Large-scale social housing construction delivered to government-sponsored affordable housing programs, including Venezuelan projects designed to seismic Grade 8 resistance standards delivering thousands of residential units.
• Commercial and Residential Building Construction Construction of commercial and residential buildings including office towers, hotels, and apartment complexes, delivered as EPC contracts to enterprise developers such as four UAE projects worth approximately 1.6 billion RMB combined.
• Industrial Facility Construction Construction of industrial facilities including fertilizer plants, cement plants, mining processing facilities, and agro-industrial complexes such as the Algeria phosphate exploitation project exceeding 10 billion USD in investment value.
• Power Plant Construction Construction of power generation facilities including combined cycle power plants and heavy oil power plants, such as the AI Khairat heavy oil power plant in Iraq with contract value of 2.85 billion USD per phase.
• Mining and Mineral Processing Construction Mining equipment supply, installation, and commissioning services including the Kipushi zinc mine SMPP project in DRC with over 2,200 tons of steel structures installed for processing facilities.
• Asphalt and Road Material Production Operation of asphalt plants producing road construction materials, including the Kazakh Bitumen Plant upgrading crude oil processing capacity from 1 million to 1.5 million tons annually to support highway construction projects.

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core, moderate, major and minor.

• 哈萨克斯坦国家公路公司 (Kazakhstan Highways)coreChannel Partner/ Reseller/ Distributor · 19 December 2025Kazakhstan Highways and CITIC Construction representatives signed the commissioning certificate for Maintenance Station No. 79 of the KB Highway Reconstruction Project and conducted the full project handover ceremony. The project utilized asphalt products from the Kazakh Caspian Asphalt Plant, creating an integrated value chain.
• 中铁六局 (China Railway Sixth Bureau)moderateStrategic or Co-development Partner · 12 December 2025CITIC Construction and China Railway Sixth Bureau agreed to strengthen business coordination and explore cooperation in Africa, Central Asia, Middle East and other key regional markets. Both parties have complementary resources, capabilities and business advantages with highly aligned overseas market positioning.
• 百夫长地产有限责任公司 (Centurion Properties LLC)majorStrategic or Co-development Partner · 16 September 2025CITIC Construction (UAE) LLC signed general contracting contracts for four residential and commercial projects with Centurion Properties LLC in Dubai: Capital One Office Project (81,000 sqm), Flora Peninsula Apartments (51,310 sqm), Sola Apartments (37,700 sqm), and Twin Tower Apartments (34,628 sqm). Total contract value approximately 1.6 billion RMB. This represents significant market expansion in the UAE following the May 2025 signing of a cooperation memorandum between the companies.
• 中国节能环保集团公司 (China Energy Conservation and Environmental Protection Group)majorStrategic or Co-development Partner · 20 August 2025CITIC Construction and China Energy Conservation and Environmental Protection Group agreed to deepen cooperation in UAE market and expand collaboration in green buildings, clean energy, and environmental governance overseas projects. Both parties aim to establish cooperation benchmarks and achieve mutual development in international markets.
• Shanghai Cooperation Organization (SCO) CountriesmajorStrategic or Co-development Partner · 10 April 2025CITIC Construction co-hosted the SCO Sustainable Development Industry Cooperation Conference - Infrastructure Cooperation Special Session with Tianjin Port Free Trade Zone. The conference brought together SCO member country enterprises, financial institutions, and industrial park representatives to discuss sustainable infrastructure cooperation. Over 180 participants from SCO countries attended.
• Harlow InternationalmajorStrategic or Co-development Partner · 28 October 2021CITIC Construction signed EPC contract for AI Khairat Heavy Oil Power Plant in Iraq with Harlow International. Each phase valued at approximately USD 2.85 billion. The project uses locally produced natural gas as fuel and adds 750MW to Iraq's power grid.
• Pitango Venture Capital, CITIC Industrial Investment, XJ HoldingminorStrategic or Co-development Partner · 21 May 2020Strategic cooperation agreement signed with Israeli technology venture capital firm Pitango, CITIC Industrial Investment, and Xinjin Investment Holding. Focus on cooperation in high-tech, medical technology and agricultural industries in global markets.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Shanghai Construction Group (SCG): Chinese state-owned construction group with growing international footprint. Comparable in commercial and residential building construction scope (similar to CITIC's UAE Centurion Properties projects).

Broad incumbents

• Bechtel Corporation: One of the largest global EPC incumbents based in the United States. Comparable international mega-project EPC capability, particularly in energy, transportation, and government-backed infrastructure.
• Bouygues Construction: Large international EPC contractor operating globally with capabilities in transport, building, and energy infrastructure. Comparable in scale and geographic diversification of international project portfolio.
• VINCI Construction: Major European EPC incumbent with global operations in transport, building, and civil engineering. Comparable international infrastructure delivery capability, though focused more on developed markets.

Direct peers

• China Railway Group Limited (CREC): Another major Chinese SOE railway and infrastructure EPC contractor. CITIC Construction has formal strategic cooperation with China Railway Sixth Bureau (a CREC subsidiary), illustrating direct peer overlap in international markets.
• China State Construction Engineering Corporation (CSCEC): The largest construction contractor globally and a fellow Chinese state-owned enterprise. Competes directly with CITIC Construction in international EPC projects, housing, and infrastructure across BRI and other overseas markets.
• PowerChina (China Power Construction Corporation): Specializes in power generation and hydropower EPC, directly comparable to CITIC Construction's power plant construction business (e.g., Iraq AI Khairat Heavy Oil Power Plant project).
• China Communications Construction Company (CCCC): China's largest infrastructure group focused on transportation infrastructure (ports, roads, bridges). Direct competitor in international transportation EPC bidding, particularly for highway and bridge projects similar to Algeria and Kazakhstan flagship jobs.
• China Railway Construction Corporation (CRCC): Major Chinese state-owned railway and infrastructure EPC contractor with extensive international operations, including highways, railways, and urban transit. Direct competitor for large-scale transportation infrastructure tenders.
• Sinohydro (PowerChina subsidiary): Subsidiary of PowerChina focused on overseas hydropower and infrastructure EPC. Comparable to CITIC Construction's international water and industrial infrastructure projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries4 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 CITIC Construction Co.