Top 10 Contractors in the APAC in 2021 by Contract Expenditure

China Railway Engineering Group Co Ltd, China Railway Construction Corporation Group, China State Construction Engineering Corp Ltd, China Communications Construction Group Ltd, and Power Construction Corporation of China are the major 5 contractors in the APAC in 2021 by contract expenditure. Collectively, the major 10 contractors in the APAC had a contract expenditure of $325,590 million with the highest contract expenditure being registered by China Railway Engineering Group Co Ltd ($94,365 million) followed by China Railway Construction Corporation Group ($79,794 million) and China State Construction Engineering Corp Ltd ($49,950 million), while Shanghai Construction Group Co Ltd ($5,082 million) had the lowest contract expenditure in FY2021. In terms of the geographical split, 8 out of 10 of the world’s major contractors in the APAC are based in China, while 2 companies are based in Spain and India. They employed a total of 675,719 people in 2021. China-based China Railway Engineering Group Co Ltd is the leading contractor in APAC (by contract expenditure). It is a construction and engineering contracting company and operates primarily through its subsidiary, China Railway Group Limited (CRGL). It undertakes several construction projects such as railways, highways, municipal works, and urban rails. It also constructs metropolitan rail, residential buildings, hydraulics and hydroelectricity, ports, docks, and airports. The company has operations in Asia, Africa, North America, and Europe and is headquartered in Beijing, China. China Railway Construction Corporation Group is one of the leading contractors in the APAC (by contract expenditure). It is the controlling shareholder which holds a 61.33% equity interest in China Railway Construction Corporation Limited. The company offers construction, project contracting, survey, design, and consultancy services. The company also carries out industrial manufacturing, trade of goods and materials, and logistics businesses. China Railway is headquartered in Beijing, China.