Saying the construction industry is large would be a gross understatement. As one of the oldest industries to date, construction has skyrocketed over the last thousands of years–and it keeps growing. Indeed, the global construction market is expected to grow to a massive $10.5 trillion by 2023. With this anticipated increase, today’s construction companies have their work cut out for them, to say the least. Beyond meeting our world’s most fundamental building needs, construction companies, large and small, are making a huge impact on our global economy. Many of the world’s largest construction companies are based in Asia.
So, who are the top giants in the building industry spurring economic growth and employment in Asia? To get you familiar with the major players in the industry, we’ve compiled a SlideShare of some of the top construction companies in Asia. Primarily, our list is comprised of rankings from the release of ENR Top 250 International Contractors and we’ve also included information on their location, revenue, and year founded. Enjoy and flip through below.
Here are the top 10 construction companies in Asia, listed above in our SlideShare:
1: China Communications Construction Group Ltd.
2: Power Construction Corp. of China
3: China State Construction Engineering Corp. Ltd.
4: China Railway Construction Corp. LTD.
5: China Railway Group LTD.
6: Hyundai Engineering & Construction Co.
7: China Energy Engineering corp. LTD.
8: China National Chemical Engineering Group Corp. LTD.
9: Obayashi Corp., Minato-Ku
10: China National Machinery Industry Corp.
Who will be in the top Asian construction companies in the next 10, 20, 30 years? Only time will tell, but one thing can be predicted; the companies that will outshine the rest will be those that adapt and evolve with modern times. In other words, companies that embrace new construction markets, innovations, and a diverse and globalized workforce will emerge as the future winners of the building industry.