Chinese state-owned construction and engineering contractor, a subsidiary of China Communications Construction Company (CCCC), specialising in marine engineering, dredging, ports, roads, bridges and rail. Serves as technical partner, financing facilitator and EPC contractor for the proposed Lagos Green Line rail.
Company Profile
Key Developments
Proposed as technical partner, financing facilitator and EPC contractor for the Lagos Green Line rail (68km, Marina-Lekki Free Trade Zone) under a PPP structure with LAMATA and MOFI; previously delivered the Lekki Deep Sea Port in Nigeria.
Key Risks
Parent company CCCC was debarred by the World Bank from 2011 to 2019 over fraudulent bidding practices on a Philippines roads project; this history is a relevant due-diligence consideration for any new multilateral-adjacent financing involving CHEC.