Construction giant CCCC aims to expand its global presence

China Communications Construction Co, the country's largest provider of transportation infrastructure projects by contract value, will adopt varied models in global markets from infrastructure projects to industrial parks and property development in order to maintain robust growth, said a senior executive.

Li Maohui, assistant president of CCCC, said the company would make use of different investment models including public-private partnership, build-operate-transfer, equity participation, and mergers and acquisitions, to further compete with its established rivals in Spain and Germany,

The Beijing-headquartered group will seek alliances with capable foreign companies familiar with the local business environment in overseas markets, Li said. He made the remarks during an Open Day event the group had organized this month to introduce its big-ticket projects such as the Mombasa-Nairobi Standard Gauge Railway in Kenya and the Hong Kong-Zhuhai-Macao Bridge, in Shantou and Guangzhou in Guangdong province.