China Wu Yi

Source: Wikipedia, the free encyclopedia.
China Wu Yi Co., Ltd.
Native name
中国武夷
Company type
State-owned enterprise
Headquarters,
WebsiteOfficial website

China Wu Yi Co., Ltd. is a construction and engineering company that carries out international projects as the overseas arm of the Fujian Construction Engineering Group Company.[1] It reported $334 million in international project work in 2012, placing the company among the 250 largest international contractors as ranked by Engineering News-Record.[2]

Projects

A 2013 report noted it had 18 projects in Kenya.[3] The Kenyan operations of the company is one of the six largest Chinese construction companies in Kenya, competing in a highly competitive market with each other and local and European construction companies.[4]

One of the key projects Wu Yi was selected, in September 2006 for, was the $37.2 million first phase of the $1.23 billion modernization of the

Cairo – Cape Town Highway.[5]

In another important project, it was one of several Chinese contractors that built the

Export-Import Bank of China was finished in 2012 on schedule.[3]

A scholarly article in 2008 on Kenyan and Chinese economic relations, published by the Center for Strategic and International Studies, praised the work of the company in Kenya.[citation needed]

References

  1. ^ "Organization". China Wu Yi. Archived from the original on 2013-11-20.
  2. ^ "The Top 250 International Contractors". Engineering News-Record.
  3. ^ a b c "Chinese Construction of East African Highway in Kenya". China Radio International. August 19, 2013. Archived from the original on November 20, 2013.
  4. ^ a b Cooke, Jennifer G. (2008). U.S. and Chinese Engagement in Africa. Washington D.C.: Center for Strategic and International Studies.
  5. ^ a b "Chinese build new highway to "lost" Kenya". Reuters. Aug 21, 2008.