Beijing_Construction_Engineering_Group
Beijing Construction Engineering Group
Chinese engineering company
Beijing Construction Engineering Group (BCEG) is a Chinese construction and engineering firm that has built important structures in Beijing and infrastructures and buildings overseas through international branches, in particular, an active subsidiary in the United States, BCEGI-USA.[1] Ranked in 2012, with revenue of US$5.5 billion, it is the 50th largest construction and engineering company in the world by revenue.[2]
International branches include operations in Congo, Equatorial Guinea, Russia, Kazakhstan, Malaysia, Mauritius, Mongolia, Philippines, Rwanda, Singapore, Tanzania, Togo, United Arab Emirates, United States, and Vietnam.[1] A high-profile project taken on by the US subsidiary BCEGI-USA is a $1.2 billion, 94-acre wholesale merchandise mart in Osceola County in Central Florida.[3] The project was approved in 2012 and is expected to begin construction in 2014.[3] When completed it will include a 500-room hotel, 1.5 million square feet of wholesale space, and 728 homes.[3] An excited county commissioner referred to it as a “magnet for jobs”.[3]
In October 2013, it was announced Beijing Construction Engineering Group will be part of a group investing £800m in Manchester Airport in England to develop its surrounding business. The news was announced by the UK Chancellor of the Exchequer, George Osborne, on a trip to China to promote UK business and encourage Chinese investors to consider the UK.[4]