Country
China
Sector
Construction / Engineering
Intelligence Type
Corporate
Status / Stage
Active
Confidence
Confirmed
Latest Development
PowerChina is a Chinese state enterprise specialising in hydropower, renewable energy and water infrastructure. In Nigeria it is developer partner (alongside AGL/Bolloré) in the Ibom Deep Sea Port 50-year concession. Parent company also owns Sinohydro.
Company Profile
Company TypeSoe
HeadquartersBeijing, China
Countries of OperationNigeria (Ibom Deep Sea Port consortium); Ethiopia; Uganda; Zambia
Founded2011
Websitepowerchina.cn
Parent CompanyState-owned — China Power Construction Corporation
Key Developments
AGL–PowerChina consortium named preferred bidder for Ibom Deep Sea Port 50-year concession (Akwa Ibom, Nigeria) — 60% consortium equity vs 40% state. Active in African hydropower via Sinohydro subsidiary.
Key Risks
Consortium capacity for a deep sea port at this scale questioned by commentators. Chinese SOE financing model under scrutiny.
What Happens Next
Ibom Deep Sea Port FEED completion and financial close.
Commercial Opportunity Intelligence
Opportunity SignalPowerChina's Nigeria port concession entry — expanding Chinese infrastructure presence from rail into maritime.
Commercial ReadinessApproaching
Source & Verification Trail
Last VerifiedAugust 2026
Source(s)Businessday NG; TheCable; Akwa Ibom Times
Source DateApril 2026