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Gezhouba Construction Group Corporation (CGGC)

Source: hubei.gov.cn 06/03/2016 05:06:26

Gang up to undertake projects along "Belt and Road"

With an annual turnover of more than 5 billion U.S. dollars, the foreign project contracting is always one of Hubei’s key strengths, ranking the forefront of the country.

As the leading enterprise, CGGC accounts for a half of Hubei’s foreign project contracting business.

"Through participating in the infrastructure construction in the countries and regions along "One Belt and One Road" initiatives, the enterprises engaging in building, engineering machinery, etc, will gather together to enter the overseas markets," Zhang Zhiping, the head of human resources of the CGGC project department in Pakistan, introduced.

Dubbed Three Gorges Project in Pakistan, the N-J Hydropower Station was signed at a contract price of 2.47 U.S. dollars. It has driven five Hubei construction enterprises to undertake the related business, contract amount exceeding 500 million U.S. dollars.

It was introduced that the overseas business undertaken by CGGC every year could reach billions of U.S. dollars. It has driven 20 Hubei enterprises to gang up when go global. "Built by Hubei" has become a shiny brand along the "One Belt and One Road" initiatives.