China Harbour Engineering Company

History

The company was established in December 2005 during the merger of China Harbour Engineering Company Group (founded 1980) with China Road and Bridge Corporation into CCCC.

In 2018, Sri Lankan State Minister of Finance and Mass Media Eran Wickramaratne called for an investigation into CHEC following reports that it had funded the campaign of Mahinda Rajapaksa during the 2015 Sri Lankan presidential election. CHEC denied funding the election campaign.

The company was debarred by the World Bank for bribery in Bangladesh.

Projects

CHEC has won large contracts for dredging, particularly in the Middle East and Asia. In January 2011, the company was awarded a US$880million contract for the first phase of the New Doha port project, which involved the excavation of 58 million cubic metres of material (covering an area of 3.2 square kilometres to a depth of 18 metres) and the building of an 8-kilometre-long quay wall and a 5 km rubble breakwater.

Sri Lanka

China Harbour began working on projects in Sri Lanka in the late 1990s, initially as a subcontractor for other companies. When the Sri Lankan government in 2007 sought loans from China to develop Hambantota International Port, China Harbour lobbied to hired for the project. During the negotiations for loans, the Chinese government recommended China Harbour, Sri Lanka and the lender Export-Import Bank of China accepted, and China Harbour became the main contractor for the project.

China Harbour's business in Sri Lanka grew rapidly from 2008 to 2010. After the completion of Phase I of the Hambantota Port project, China Harbour became a leading infrastructure contractor in Sri Lanka.

Costa Rica

• Widening from two lanes, one in each direction, to four lanes, two in each direction on Route 32 between Guápiles and Puerto Limón. Project started in 2018, estimated delivery on 2020.

Colombia

The Bogota Metro announced on October 17, 2019, that Apca Transmimetro, comprising CHEC and Xi'an Metro Company, has been chosen for a $US 5.16bn contract to design, build, operate and maintain Line 1 of the Bogota metro.

References

References

1. "China Harbour Engineering Company Ltd.".
2. (2010-03-29). "The world's biggest dredging companies". [[Reuters]].
3. (2012-05-18). "Nigeria: Lekki Port Signs EPC Contract with CHEC".
4. (July 1, 2018). "NYT report: Outcry to reveal probe on CHEC funding Rajapaksa campaign". [[Sunday Observer (Sri Lanka).
5. "CHEC responds to allegations of funding Rajapaksa's elections campaign".
6. "Bangladesh blacklists China Harbor Engineering Co. for bribery: Report {{!}} Daily FT".
7. (2018-01-17). "No job for China Harbour in future".
8. (18 January 2018). "Sheikh Hasina: China, Bangladesh road project hits bribe bump; may slow down Beijing's connectivity plans - The Economic Times".
9. Dizon, Nikko. (26 October 2016). "Chinese company banned by World Bank bags PH infrastructure project".
10. (November 11, 2011). "Contractors submit bids for Doha port dredging work". Middle East Economic Digest.
11. Chen, Muyang. (2024). "The Latecomer's Rise: Policy Banks and the Globalization of China's Development Finance". [[Cornell University Press]].
12. Abi-Habib, Maria. (2018-06-25). "How China Got Sri Lanka to Cough Up a Port". [[The New York Times]].
13. (21 September 2019). "MOPT encara a constructora china por desórdenes en proyecto de ampliación de la ruta 32".
14. Briginshaw, David. (October 21, 2019). "Chinese consortium selected for Bogota metro contract".