- Business
- China CAMC Engineering Co., Ltd. (002051.SZ) engages in engineering procurement construction (EPC) projects, design consultation, and international contracting services; it provides project management, financing investment, procurement, survey, planning consultancy, equipment supply, machine operation, and maintenance; the company undertakes turnkey constructions in infrastructure, civil buildings, industrial buildings, logistics engineering, energy environment, transportation, municipal construction, water conservancy, power engineering, petrochemicals, mining, agriculture, and telecommunications; additional offerings include passenger cableways, logistics and warehousing, hoisting machinery, bulk material transportation, and R&D plus manufacturing of key core equipment and advanced engineering technologies.
Founded in 2001 and headquartered in Beijing, China, China CAMC Engineering operates as a subsidiary of China National Machinery Industry Corporation (Sinomach); it executes projects across Asia, Africa, Latin America, the Middle East, Central Asia, South America, the Caribbean, and Eastern Europe, with a presence in over 50 countries.
Recent developments include the successful online launch of the FH-40 oil well in Iraq's Block 9 in early 2025, advancing expansion into new energy and oil and gas markets; groundbreaking for Nicaragua's national emergency response system project in Managua, encompassing emergency command centers, early warning systems, and rapid response mechanisms; signing of the final acceptance certificate for the Universidad Nacional de Educación (UNAE) construction in Ecuador, marking full project handover after warranty completion; a memorandum of understanding with the Angolan Sovereign Fund for agricultural engineering construction and operation-maintenance services; and a $210.55 million contract in 2024 for the third-phase expansion of Myanmar's Thilawa Shipyard, including a new 40,000-tonne drydock and terminal facilities.