The global top 200
Although Chinese contractors dominate the
top 10 of our league table, the downturn in
their domestic market has had an impact
on standings throughout the Top 200.
Chris Sleight
reports.
The
global
top 200
W
ith five Chinese contractors within the top 10 of
iC’s
league table of the world’s largest construction
companies, it is fair to say that they continue to
dominate the very top end of the industry. The big three – China
State Construction & Engineering (CSCEC), China Railway
Construction and China Railway Group are unchanged in their
positions from last year, while there is quite a gap to fourth –
placed Vinci from France, once itself the clear world no. 1.
Elsewhere in the top 10, ACS and its partially-owned subsidiary
Hochtief have improved their standings, as has Bechtel of the US,
and these have come at the expense of China Communications
Construction and China Metallurgical Group (MCC).
This in itself is unusual. Over recent years Chinese construction
companies have seemed to march relentlessly up the league table,
but the 2013 ranking, based on revenues in 2012, has seen a
definite change of fortunes.
Of the 11 Chinese companies listed in the Top 200, only
one, Guangsha Construction Group, has improved its position
compared to last year. Of the remainder, seven have lost ground,
while the three largest are unmoved from 2012.
This illustrates what appears to be a growing divide between the
big three Chinese contractors and the country’s other players. The
group of CSCEC and the two railway specialists saw their total
revenues increase some US$ 27.7 billion last year for an above
average increase of +13%. Their total US$ 237 billion revenues
accounted for almost two thirds of sales for all Chinese companies
in the Top 200.
In contrast, the remaining eight Chinese contractors in the Top
200 saw their revenues decline by an average of -6% year-on-year,
with the impact on their standings in the league table that has
already been noted.
Where there are fallers in the league table, there of course also
have to be gainers, and there are several key groups of companies
that have improved their standings since last year.
international
construction
july-august 2013
NEWS REPORT
18
Sales Company
Country 2012 Change
Website
(US$ million)
1
88107
China State Construction
China
1
& Engineering (CSCEC)
*
2
74787
China Railway Construction
China
2
Corporation
3
74646
China Railway Group
China
3
4
49653
Vinci
France
4
5
49347
ACS
Spain
6
1
6
45875
China Communications
China
5
1
Construction
7
37900
Bechtel
US
9
2
8
33508
Bouygues’ Construction
France
8
Divisions
9
32809
Hochtief
Germany
10
1
10
28506
China Metallurgical
China
7
3
Group (MCC)
11
27577
Fluor
US
11
12
25146
Daiwa House
Japan
12
13
20210
Sekisui House
Japan
15
2
14
19562
Leighton Holdings
Australia
13
1
15
19045
Skanska
Sweden
17
2
16
18597
Kajima Corporation
Japan
18
2
17
18137
Obayashi
Japan
24
7
18
18029
Eiffage
France
14
4
19
17739
Taisei Corporation
Japan
22
3
20
17733
Shimizu Corporation
Japan
21
1
21
17182
Saipem
Italy
20
1
22
16686
Strabag
Austria
16
6
23
16051
Sinohydro
China
19
4
24
14333
FCC
Spain
23
1
25
13814
Balfour Beatty
UK
25
26
12498
Takenaka Corporation
Japan
27
1
27
12036
Lend Lease
Australia
37
10
28
11833
Hyundai Engineering &
South Korea 29
1
Construction
29
11804
Shanghai Construction
China
26
3
Group
30
10973
URS Corporation
US
35
5
31
10936
Bilfinger
Germany
28
3
32
10904
Construtora Norberto
Brazil
39
7
Odebrecht
*
33
10894
Jacobs Engineering
US
31
2
34
10544
Technip
France
36
2
35
10381
Peter Kiewit*
US
33
2
36
10187
Larsen & Toubro E&C
India
45
9
37
10160
Samsung Engineering
South Korea 42
5
38
10003
Abengoa
Spain
34
4
39
9878
Ferrovial
Spain
32
7
40
9516
Bam Group
Netherlands 30
10
41
9106
Daelim
South Korea 49
8
42
9017
Acciona
Spain
38
4
43
8549
Doosan Heavy Industries
South Korea 47
4
& Construction
44
8436
China Railway Erju
China
41
3
45
8426
NCC Group
Sweden
44
1
46
8250
GS E&C
South Korea 43
3
47
8093
SNC-Lavalin
Canada
48
1
48
7921
KBR
US
40
8
49
7822
JGC
Japan
51
2
50
7458
Aker Solutions
Norway
56
6
51
7303
Daewoo E&C
South Korea 58
7
52
7056
Isolux Corsan
*
Spain
82
30
53
6999
Haseko
Japan
59
6
54
6897
Peab
Sweden
53
1
