POWERCHINA actively participates in Belt and Road construction

As the world's largest comprehensive construction and operation group with a whole industrial chain, POWERCHINA has actively participated in the Belt and Road construction with new ideas and ways.

It has achieved excellent results in global energy and power, water resources, and infrastructure construction investment, realizing continuous growth in its international business revenue for many years.

The China-Laos Railway. [Photo/POWERCHINA]

To date, POWERCHINA has 346 overseas agencies in 113 countries and regions, and has executed 2,470 project contracts, among which 173 of their overseas agencies in 44 of the 65 key countries along the Belt and Road has signed 1,524 project contracts.

Following the country's political and economic diplomacy philosophy, POWERCHINA has broken through in many fields in international operations, signing contracts for the Jakarta-Bandung High-speed Railway, the China-Laos Railway, the Kayan River 1 hydropower station in Indonesia, as well as the largest installed water and solar project in Africa, the Shiroro 300MW power station in Nigeria, and more.

Its overseas business accounts for one-third of the company's total business, forming a diversified market structure with water conservancy and electric power construction as the core, involving highways, rail transit, housing construction, and water treatment.

The Jharsuguda Coal-fired Power Plant in India. [Photo/POWERCHINA]

It has formed a diversified pattern with Asia and Africa as its main focus, while creating inroads in-markets such as America, Oceania, and Eastern Europe, establishing a global marketing network.

It has also explored various modes of cooperation such as contracting, equity investment, direct investment, build-transfer (BT), and build-operate-transfer (BOT) partnerships, and has jointly developed third-party markets through industry and finance integration, capital operation, and mergers and acquisitions.

Currently, POWERCHINA has more than 30,000 overseas professionals, more than 3,000 technical patents, and more than 460 industry standards, becoming the core competitiveness of “going global” to participate in international industry competition.

The Bui Hydropower Station in Ghana, Africa's first large-scale mixed loan project. [Photo/POWERCHINA]

In addition to providing quality services for Belt and Road construction, the company has also improved local people's lives, creating more than 200,000 employment positions in project host countries.

Relying on the Belt and Road, POWERCHINA will continue to provide strong energy and power support for the world's economic development.