Road and Bridge Construction
Encyclopedia
Road and Bridge Construction Company Limited (short form:Road and Bridge Construction) is a subsidiary company of China Communications Construction
Group. It mainly engages in highway, bridge, port, tunnel
, drainage
and other civil engineering
constructions. It also engages in production
and sales
of road machineries. Its total asset
is about 4.3 billion RMB
and the net asset is about 1.5 billion RMB. Its large constructions include Shanghai Donghai Bridge
, Hangzhou Bay Bridge
, Shanghai Chongming
Yue River Channel Yangtze River
Bridge and Zhoushan
Jintang Bridge, etc.
It is the largest Chinese state-owned enterprise in the infrastructure sector of Africa.
In January 2009, Road and Bridge Construction was accused by the World Bank
of “suspicions of collusion” in the bidding for road development work in the Philippines, and it was barred for bidding road projects subsidised by the World Bank for future 8 years.
China Communications Construction
China Communications Construction Company Group, China Communications in short form, is an infrastructure and engineering group based on mainland China.- History :...
Group. It mainly engages in highway, bridge, port, tunnel
Tunnel
A tunnel is an underground passageway, completely enclosed except for openings for egress, commonly at each end.A tunnel may be for foot or vehicular road traffic, for rail traffic, or for a canal. Some tunnels are aqueducts to supply water for consumption or for hydroelectric stations or are sewers...
, drainage
Drainage
Drainage is the natural or artificial removal of surface and sub-surface water from an area. Many agricultural soils need drainage to improve production or to manage water supplies.-Early history:...
and other civil engineering
Civil engineering
Civil engineering is a professional engineering discipline that deals with the design, construction, and maintenance of the physical and naturally built environment, including works like roads, bridges, canals, dams, and buildings...
constructions. It also engages in production
Production, costs, and pricing
The following outline is provided as an overview of and topical guide to industrial organization:Industrial organization – describes the behavior of firms in the marketplace with regard to production, pricing, employment and other decisions...
and sales
Sales
A sale is the act of selling a product or service in return for money or other compensation. It is an act of completion of a commercial activity....
of road machineries. Its total asset
Asset
In financial accounting, assets are economic resources. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset...
is about 4.3 billion RMB
Renminbi
The Renminbi is the official currency of the People's Republic of China . Renminbi is legal tender in mainland China, but not in Hong Kong or Macau. It is issued by the People's Bank of China, the monetary authority of the PRC...
and the net asset is about 1.5 billion RMB. Its large constructions include Shanghai Donghai Bridge
Donghai Bridge
Donghai Bridge is one of longest cross-sea bridge in the world. It was completed on December 10, 2005. It has a total length of and connects mainland Shanghai and the offshore Yangshan deep-water port in China. Most of the bridge is a low-level viaduct. There are also cable-stayed sections to...
, Hangzhou Bay Bridge
Hangzhou Bay Bridge
Hangzhou Bay Bridge is a long highway bridge with a cable-stayed portion across Hangzhou Bay in the eastern coastal region of China. It connects the municipalities of Jiaxing and Ningbo in Zhejiang province. At in length, Hangzhou Bay Bridge is one of the longest trans-oceanic bridges in the world...
, Shanghai Chongming
Chongming
Chongming County is the only county under the jurisdiction of Shanghai, China. The county consists of three main islands: Chongming Island ; Changxing Island; and Hengsha Island. These are low-lying alluvial islands in the mouth of the Yangtze River. With an area of , Chongming Island is listed as...
Yue River Channel Yangtze River
Yangtze River
The Yangtze, Yangzi or Cháng Jiāng is the longest river in Asia, and the third-longest in the world. It flows for from the glaciers on the Tibetan Plateau in Qinghai eastward across southwest, central and eastern China before emptying into the East China Sea at Shanghai. It is also one of the...
Bridge and Zhoushan
Zhoushan
Zhoushan or Zhoushan Archipelago New Area; formerly transliterated as Chusan, is a prefecture-level city in northeastern Zhejiang province of Eastern China. The only prefecture-level city of the People's Republic of China consisting solely of islands, it lies across the mouth of the Hangzhou Bay,...
Jintang Bridge, etc.
It is the largest Chinese state-owned enterprise in the infrastructure sector of Africa.
In January 2009, Road and Bridge Construction was accused by the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...
of “suspicions of collusion” in the bidding for road development work in the Philippines, and it was barred for bidding road projects subsidised by the World Bank for future 8 years.