Signing the JV agreement with Power Construction Corporation of China (POWERCHINA)
Signing the JV agreement with Mr. Wu Wenhao the president of "Power Construction Corporation of China" (POWERCHINA).
By the end of 2014, POWERCHINA had total asset of USD 66.6 billion, annual revenue of USD 42.4 billion and 200,000 employees, as a largest Chinese Electricity company by the end of 2014,
POWERCHINA performs 1517 overseas contracts in the fields of engineering construction, design consultation and equipment manufacturing in 108 countries, including $4.5 billion USD in Saudi Arabia executed by its subsidiaries Sepco and Sinohaydro.
POWERCHINA ranked 354th in the Fortune 500 in 2013, and the 313th in 2014.