According to the Chongqing Municipal Commission of Commerce, in 2019, Chongqing enterprises hit a turnover of more than USD 800 million in international contract works. They signed new contracts totaling USD 500 million last year. Most projects are in Asia, Africa, and South Africa and involve industrial construction, building, and traffic construction.
China-Maldives Friendship Bridge
International contract works completed and under construction by Chongqing enterprises are located in 93 countries and regions across the world. For instance, China Communications 2nd Navigational Bureau 2nd Engineering Co., Ltd. has undertaken the China-Maldives Friendship Bridge and other overseas engineering and assistance projects to set up bridges of friendship along the Belt and Road.
In the process of high-quality growth, Chongqing has gradually upgraded and strengthened its capability in international contract works. The dominant pattern of such projects has transformed from Design-Bid-Build to the more integrative Engineering Procurement Construction. Other patterns, such as Build-Operate-Transfer and Public-Private Partnership, also sprang up increasingly, and the project financing models have diversified as well. National Infrastructure and industrial construction.