Largest construction co. & partners on the Belt Road Initiative, (cscec.digital) Issuser Address: GCXZXVX2PWZ5TOBIBIOYFTGRI2KTKVZWC6A7JGKFCHFLIM7BRWQQ3OHE ICO On 13/05/2023 CB:15,000%
Project Aurora Asset
CSCEC, or China State Construction Engineering Corporation 中国建筑集团有限公司, is the largest construction company in the world by revenue and the 8th largest general contractor in terms of overseas sales (2020)
They are also one of the main partners of the President Xi Jinping's Belt Road Initiative (BRI) est. $1-8 trillion initiative ?
They engage in these businesses: housing construction, real estate development and investment, infrastructure construction and investment, prospecting and design, and overseas industries
CSCEC has projects in more than 100 countries, including Africa, the Middle East, Europe, and the Americas. 33% of all infrastructure contracts in Africa are built by Chinese state-owned enterprises, and Chinese companies have won ~50% of all foreign construction contracts in Africa
?? Lastest News ??
28 April 2023: CSCEC trading update points to residential construction revival in China (https://www.khl.com/news/cscec-trading-update-points-to-residential-construction-revival-in-china/8028622.article)
27 April 2023: CSCEC's business briefing from January to March in 2023 was officially released. The total value of newly signed contracts reached 1,084.3 billion yuan, an increase of 20.9% over the same period of the last year (https://www.marketscreener.com/quote/stock/CHINA-STATE-CONSTRUCTION-6500392/news/China-State-Construction-Engineering-CSCEC-s-business-briefing-from-January-to-March-in-2023-43656385/)
16 Jan 2023: Dubai-based Select Group has awarded (https://www.prnewswire.com/news-releases/select-group-awards-over-aed-3-billion-in-construction-contracts-for-newly-launched-projects-301721250.html) construction contracts worth over AED 3 billion (https://www.prnewswire.com/news-releases/select-group-awards-over-aed-3-billion-in-construction-contracts-for-newly-launched-projects-301721250.html)
5 Jan 2023: SK Ecoplant partners with CSCEC to expand renewable (https://www.koreaherald.com/view.php?ud=20230105000536) green (https://www.koreaherald.com/view.php?ud=20230105000536) energy (https://www.koreaherald.com/view.php?ud=20230105000536) business in Egypt, China (https://www.koreaherald.com/view.php?ud=20230105000536)
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? Passive Income Assets: https://t.me/QuantumStellarInitiative/22968
? Project Aurora: https://t.me/QuantumStellarInitiative/21777
| Construction |
Infrastructure |
Roads |