Established in 1995, China overseas international engineering co., ltd is a first-class subsidiary of China overseas holding group, a large state-owned enterprise directly under the central government. The company is headquartered in Xi High-tech Zone with a registered capital of1501680,000 yuan.
At present, the company has the qualifications of general contracting of construction projects, general contracting of municipal public works, general contracting of highway projects, professional contracting of steel structure projects, professional contracting of highway subgrade projects and professional contracting of highway pavement projects, and can undertake all kinds of construction projects.
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In September 2009, China won the bid for the construction of Polish expressway overseas, which was the first construction project officially delivered to China by the EU countries. However, this is China's first construction project in the EU. At present, due to China Overseas's failure to accurately estimate the project cost, and Polish suppliers' joint efforts to raise prices to block China Overseas, the actual cost is much higher than the bid price, and China Overseas has to stop working.
20 1 1 In mid-May, China Overseas Consortium was forced to stop work due to the subcontractor's default in the project payment. Due to various reasons, such as out-of-control cost management and failure to obtain compensation for engineering changes outside the contract, the whole project faces potential losses of 394 million US dollars (about 2.545 billion yuan). Finally, the owner, Polish Highway Administration, publicly announced the cancellation of the project contracting agreement signed with China overseas consortium.
China Overseas International Engineering Co., Ltd.-Company Profile