So, who are the major construction industry giants driving economic growth and employment around the world? To familiarize you with the main players in the sector, we have compiled a presentation on SlideShare from some of the world's leading construction companies. Primarily, our list is comprised of rankings from the ENR Top 250 International Contractors publication and we have also included information about their location, revenues, year of foundation and outstanding projects. Where there are people, there is construction. Today, the world's population is estimated to increase to 9 billion people by 2050, and two-thirds of people are expected to live in cities. Beyond simply building our world, construction companies also help develop careers.
Overall, the industry employs more than 180 million workers worldwide, and this number is increasing every year. Whichever way you look at it, the future of construction companies is promising, as long as companies continue to innovate with the use of technology and, at the same time, improve their productivity. Are you ready to see how you are doing? Check out our flow benchmarking tool of work. Who will be among the main international construction companies in the next 10, 20 or 30 years? Only time will tell, but one thing can be predicted: the companies that will outshine the rest will be those that adapt and evolve with modern times.
In other words, companies that adopt new construction markets, innovations and a diverse, globalized workforce will emerge as the future winners of the construction industry. Some parts of this page are not compatible with the current version of your browser. Update to a recent browser version. In this article, we'll look at the 15 largest construction companies in the world. To see more companies, head to the 5 largest construction companies in the world.
The construction industry is a fundamental sector of any economy, and it is also a sector that governments often use to stimulate economic growth. This sector employs millions of people, and public spending generates more employment and spending in the economy as houses, apartment complexes, road works and other buildings are built. This, in turn, also ends up supporting a variety of different industries involving construction materials such as wood, cement and steel. However, S&P Global declared it delinquent in December of last year after failing to pay its bonds.
The liquidity crisis for Chinese companies began when the government introduced a new policy that limited the debt they could take on to finance new projects. The only problem was that companies, with massive capital tied to illiquid assets, had relied on obtaining more debt to pay off their previous debt, based on the old mantra of being “too big”. to break”. Evergrande's bankruptcy also threatened to disrupt Western financial markets, as large firms such as BlackRock had bought millions of dollars of their debt.
Like other industries, the construction sector also depends on new technologies to boost its operations. For example, companies are now using LiDAR sensors to survey land, detect if there are any defects in construction and map the terrain on which they plan to build their buildings. In addition, companies like Shimabun sell equipment that makes helmets connect to the cloud to report on workers' health and improve safety. Photo by Scott Blake on Unsplash We analyzed the construction industry to identify the main players, which are then ranked according to their market capitalization.
This is the list of the largest construction companies by market capitalization. Only major construction companies are shown in this list and non-publicly traded construction companies are excluded. The ranking and market capitalization data shown on this page are updated daily. To inspire you, these are 20 of the world's largest construction companies and how they've earned their international reputation. This company works so much in the U.S.
U.S. and abroad, in Africa and Europe, and it has completed prestigious projects such as the first phase of the Dulles Metrorail project, one of the largest U.S. infrastructure projects to date. They specialize in projects related to civil engineering, airport, mining and electrical developments, railroads, and water and renewable energy facilities.
Construction Activities and Services, also known simply as ACS, is another global construction company based in the European nation of Spain. Without a doubt, it is one of the most attractive opportunities for those looking for construction jobs in Spain. Under its brand, ACS owns several subsidiaries, including Turner, Hochtief and Dragados, which employ more than 200,000 people. One of Bouygues' most notable recent projects involved the construction of the new and prestigious Welsh campus of Cardiff University.
They have committed to reducing their greenhouse gas emissions by 30% by 2030 as part of their commitment to environmental sustainability. Hochtief Aktiengesellschaft is the largest construction company in Germany, based in the province of North Rhine-Westphalia. It has accumulated construction experience since 1874 and currently employs more than 54,000 people at its headquarters in Essen and abroad. They earn revenues of more than 2.93 million pounds sterling each year and employ 13,000 talented employees.
Gilbane Building Company offers nearly 150 years of experience in the construction. They are a family business and a pioneer in the development of real estate in the United States. Turner Construction, headquartered in New York City, is New York City's leading construction company operating internationally. It manages 1500 projects every year with a workforce of 10,000 employees and, as part of its commitment to environmental efficiency, is committed to halving water consumption and greenhouse gas emissions at its facilities by 2030.
Kajima Corporation is one of the oldest and most established construction companies in Japan. They are based in Motoakasaka, Minato and Tokyo and are known for their DIB-200 proposal and their listings on the four main Japanese stock exchanges. Founded in 1947 and owned by Hyundai Motor Group, Hyundai Engineering and Construction Co. It is one of the largest construction firms in South Korea.
They are recognized worldwide for carrying out projects such as the construction of the Jebel Ali industrial port, the Suntec City tower in Singapore and the Ulsan Grand Bridge. To date, its portfolio covers more than 850 projects in 62 countries. Talk to one of our experts today on 01702 668207 or send us a message. If you're interested in using construction management software to improve your construction business and much more, schedule a demo to learn how eSub can help.
Headquartered in New York City, it is one of New York's leading construction firms and an international construction services company. Construction Digital Magazine covers construction projects, digital construction, smart energy, facilities management and construction technology, connecting the world's largest community of construction executives. The Austrian construction group STRABAG specializes in advanced civil engineering, transport infrastructure and construction of commercial buildings. China Communications Construction Company, also abbreviated as CCCC, is another of the world's largest construction companies. It is a diversified construction company that not only builds projects, but also provides other services, such as surveying, the purchase and sale of properties and the design, manufacture and sale of equipment for the construction of railways.
China State Construction operates as an international construction and investment company that focuses on building bridges, metropolitan utility tunnels and rail transit systems. ACS has construction projects around the world and will begin building the new California Natural Resources Agency and the Quellón Hospital in Chile. Whiting-Turner is one of the leading construction firms because it provides general construction management services in all areas, with projects of all sizes and in markets such as health, education, transportation, public services, retail, technology and many more. Construction Digital Magazine focuses on construction news, key construction interviews, construction videos, the “Construction Podcast” series and a growing range of white papers and webinars specific to construction.
China Communications Construction Company, or CCCC, is a huge global construction giant that has smaller regional subsidiaries, such as Australia's John Holland Group. They will be working on Hong Kong's new airport platform, an impressive feat of construction engineering. China State Construction is a global investment and construction group that has built many large-scale infrastructure projects in bridges, rail transport and urban utility tunnels.
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