Construction and Engineering
Company Overview of China Machinery Engineering Corporation
China Machinery Engineering Corporation, together with its subsidiaries, is engaged in international construction contracting and trading businesses. The company operates in three segments: Construction Contracts, Trading Business, and Other Business. The Construction Contracts segment undertakes engineering, procurement, and construction contracts for various infrastructure-related construction projects, including hydropower, thermal power, transportation, telecommunications, water supply and treatment, building and construction, manufacturing and processing plants, and mining and resources exploitation sectors. The Trading Business segment imports and exports various machinery, electrical,...
No.178, Guanganmenwai Street
Founded in 1978
Key Executives for China Machinery Engineering Corporation
Total Annual Compensation: $1.5M
Total Annual Compensation: $635.0K
Total Annual Compensation: $520.0K
Chairman of Supervisory Board
Compensation as of Fiscal Year 2013.
China Machinery Engineering Corporation Key Developments
China Machinery Engineering Corporation Proposes Establishment of New Energy Joint Venture with Wuxi Guolian
Oct 29 14
The board of directors of China Machinery Engineering Corporation announced that the company will establish a new energy joint venture with Wuxi Guolian Environmental Energy Group Co., Ltd., a wholly-owned subsidiary of Wuxi Guolian Development (Group) Co., Ltd., and held the first board meeting of the New Energy JV on October 28, 2014 to finalize the details regarding the establishment of the New Energy JV by the company and Wuxi Guolian. The New Energy JV will build a new energy business platform and focus on developing the distributed photovoltaic power generation business and other business in the new energy sector in Wuxi and other cities within China.
China Machinery Engineering Wins Project in Pakistan
Sep 12 14
China Machinery Engineering announced that it signed a general contract of Tar coalfield Block II 2x330MW pit-mouth power plant with Pakistan's Engro Energy. Contracted value is about USD 460 million; contractual period is 42 months. The company will take charge of design, supply, civil construction, installation, training, debugging and maintenance.
China Machinery Engineering Corporation Enters into Contract with Engro Powergen Thar (Private) Limited Company for the Thar Block II 2X330 MW Power Plant in Pakistan
Sep 11 14
The board of directors of the China Machinery Engineering Corporation announced that on September 10, 2014, the company entered into a contract with Engro Powergen Thar (Private) Limited Company in respect of the project for the Thar Block II 2x330 MW power plant in Pakistan. Pursuant to the Contract, the scope of the Project will include the construction of the Thar Block II 2x330MW power plant. The company, as the general contractor, will be responsible for the design, procurement, civil engineering and construction, installation, training, commissioning, warranty and other works of the Project on a turnkey basis. The contract value amounts to approximately USD 670 million. The project will be commenced for construction after a series of conditions is satisfied such as financing close and receiving all prepayments and is expected to be completed in approximately 42 months.
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