Remove ads
Strategic state-owned enterprise From Wikipedia, the free encyclopedia
China Harbour Engineering Company Ltd (CHEC) is an engineering contractor and a subsidiary of China Communications Construction Company (CCCC), providing infrastructure construction, such as marine engineering, dredging and reclamation, road and bridge, railways, airports and plant construction.[1] It is the second largest dredging company in the world, carrying out projects in Asia, Africa, and Europe.[2]
Native name | 中国港湾工程有限责任公司 (Chinese) | ||||||
---|---|---|---|---|---|---|---|
Company type | Subsidiary | ||||||
Industry | Civil engineering | ||||||
Founded | 2005 | ||||||
Headquarters | Beijing, China | ||||||
Parent | China Communications Construction Company | ||||||
Chinese name | |||||||
Simplified Chinese | 中国港湾工程有限责任公司 | ||||||
Traditional Chinese | 中國港灣工程有限責任公司 | ||||||
| |||||||
Website | www |
The company was established in December 2005 during the merger of China Harbour Engineering Company Group (founded 1980) with China Road and Bridge Corporation into CCCC.[3]
In 2018, Sri Lankan State Minister of Finance and Mass Media Eran Wickramaratne called for an investigation into CHEC following reports that it had funded the campaign of Mahinda Rajapaksa during the 2015 Sri Lankan presidential election.[4] CHEC denied funding the election campaign.[5]
The company was debarred by the World Bank for bribery in Bangladesh.[6][7][8][9]
CHEC has won large contracts for dredging, particularly in the Middle East and Asia. In January 2011, the company was awarded a US$880 million contract for the first phase of the New Doha port project, which involved the excavation of 58 million cubic metres of material (covering an area of 3.2 square kilometres to a depth of 18 metres) and the building of an 8-kilometre-long quay wall and a 5 km rubble breakwater.[10]
China Harbour began working on projects in Sri Lanka in the late 1990s, initially as a subcontractor for other companies.[11]: 94 When the Sri Lankan government in 2007 sought loans from China to develop Hambantota International Port, China Harbour lobbied to hired for the project.[11]: 94 During the negotiations for loans, the Chinese government recommended China Harbour, Sri Lanka and the lender Export-Import Bank of China accepted, and China Harbour became the main contractor for the project.[12][11]: 94
China Harbour's business in Sri Lanka grew rapidly from 2008 to 2010.[11]: 94 After the completion of Phase I of the Hambantota Port project, China Harbour became a leading infrastructure contractor in Sri Lanka.[11]: 94
The Bogota Metro announced on October 17, 2019, that Apca Transmimetro, comprising CHEC and Xi’An Metro Company, has been chosen for a $US 5.16bn contract to design, build, operate and maintain Line 1 of the Bogota metro.[14]
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.