CITIC Construction
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Native name
中信建设有限责任公司Company typeState-owned enterprise
IndustryConstruction, Engineering, Mining
Founded1960
 | |
Native name | 中信建设有限责任公司 |
|---|---|
| Company type | State-owned enterprise |
| Industry | Construction, Engineering, Mining |
| Founded | 1960 |
| Headquarters | Beijing, China |
| Parent | CITIC Group |
| Website | cici.citic.com |
CITIC Construction Co., Ltd. (中信建设有限责任公司) is the construction and engineering subsidiary of the CITIC Group, a major state-owned conglomerate in China. Established in 1960 and headquartered in Beijing, the company is engaged in a wide range of domestic and international infrastructure projects, including housing, transportation, energy, and mining.
CITIC Construction has undertaken numerous significant international projects:
- Angola: The company played a pivotal role in constructing the Kilamba Kiaxi satellite town near Luanda. Completed in 2012, this large-scale housing project comprises 750 apartment buildings, schools, and commercial facilities, accommodating approximately 120,000 residents.[1]
- Saudi Arabia: In November 2024, CITIC Construction expanded its presence in the Middle East by launching the Tilal Khuzam project in Riyadh. This development, in partnership with the Saudi National Housing Company and Rafal Real Estate, encompasses 3,500 low-rise apartments over a 630,000 square meter area, with the first phase slated for completion in 2026.[2]
- Indonesia: In March 2024, CITIC Construction was selected to participate in developing Indonesia's new capital city, Nusantara. The company is among seven investors conducting feasibility studies for constructing 70 residential towers for state civil servants, with an estimated investment of Rp50 trillion.[3]
- Kazakhstan: In June 2024, CITIC Construction announced plans to build a $1 billion advanced grain processing plant in the Almaty region. The facility is designed to process up to 1 million tonnes of wheat annually and is expected to create approximately 2,000 jobs.[4]
