Construction is the act of building something. This is a generic term derived from the Latin word “constructio” and Old French “construction”. Even though the act of building anything is known as construction, the term is widely used in the context of buildings, industrial plants, infrastructure, and associated activities. The construction industry of a country significantly contributes to its GDP. In this article, we will find out the top construction companies around the world.
There is a long list of construction companies in every country. Some of them are categorized as small construction companies and some are large. In the United States itself, there are more than 700,000 construction companies having varied activities and roles. As a general common man, most of the companies are not known to us. But there are some big construction companies which are highly popular and renowned. In the following section, we will list some of the top construction companies around the world.
Top 10 Construction Companies of the World
Based on the 2021 revenues, the following are the top construction companies in the world that are shaking the universe with their huge projects.
1 China State Construction & Engineering Company, China: Chinese major CSCEC is the largest construction company as per 2021 revenue. They have a sales figure of $290 billion in 2021. The majority of the earnings arose from projects on public infrastructure, airports, and roads.
2 China Railway Group, China: The Chinese firm, China Railway Group stood second in the list of the world’s top construction companies with a sales figure of $166 billion in 2021. The earnings attribute to various overseas infrastructure projects in Southeast Asia and Africa.
3 China Railway Construction Corporation, China: The third position of the world’s top construction companies is also held by the Chinese firm named China Railway Construction Corporation. Their sales value is $157 billion in the year 2021. The earnings mainly arrived from transport infrastructure projects.
4 China Communications Construction Company, China: With a sales volume of $105 billion, China Communications Construction Company achieved the 4th rank in the list of construction majors. The earnings of CCCC mainly arose from various overseas tunnel projects.
5 Metallurgical Corporation of China, China: The fifth position is held by the Chinese firm Metallurgical Corporation of China. It has generated a sales volume of $77 billion in 2021 through various overseas mining projects.
6 VINCI, France: The sixth position is retained by the French major, VINCI. With their global workforce, they managed to generate a sales volume of $58 billion in 2021.
7 Bouygues Construction SA, France: With a sales volume of $44 billion in 2021, French company Bouygues Construction SA achieved the 7th position in the list of top construction companies in the world. Their various projects are based in Europe, Africa, North America, and Asia.
8 Shanghai Construction Group, China: In the 8th position, the Chinese conglomerate Shanghai Construction Group generated a sales figure of $43 billion in 2021 through their tunneling projects from Canada, North America, and housing projects in Tanzania.
9 Actividades de Construcción y Servicios, Spain: ACS or Actividades de Construcción y Servicios, is a Spanish construction company. Along with their many subsidiary companies like Dragados, Hochtif, and Turner, ACS managed to achieve 9th position with a sales volume of $32 billion in 2021. The main projects are related to dam construction and solar energy projects.
10 D R Horton, USA: The first American firm that entered the global top 10 list of largest construction companies is D R Horton of Texas, USA. In the year 2021, their sales volume stood at $27 billion. D R Horton groups are the largest home construction company in the United States, catering to luxury real estate, express homes, etc.
Other Notable Major Construction Companies of the World
There are many other giant construction companies are there throughout the world. Some of those major construction companies are:
Bechtel, USA: Bechtel is one of the largest construction companies in the United States. Headquartered in San Francisco, California, Bechtel is one of the highly reputed construction companies and the largest oil and gas construction company in the world.
Larsen and Toubro, India: Larsen and Toubro is the largest construction company in India. Popularly abbreviated as L & T Construction, works in various fields like housing, oil and gas, chemical and petrochemical, bridges, infrastructure, etc.
Power China, China: PowerChina from china is one of the biggest construction companies working primarily on energy and infrastructure projects around the world.
Skanska AB, Sweden: The Swedish company, Skanska with its various subsidiaries around Sweden and the world, makes them one of the biggest construction companies in the world. Their specialties include infrastructure, general building construction, bridges and roads, homes, hospitals, and schools.
Hochtief Aktiengesellschaft, Germany: German company Hochtief Aktiengesellschaft is a large construction company that works on infrastructure projects.
Technip FMC, United Kingdom: TechnipFMC is the biggest construction company in the United Kingdom. Their operations are spread throughout the world notably in Africa, the Asian Pacific, Europe, the Middle East, and the Americas.
STRABAG, Austria: Headquarters in Vienna, Austria, The STRABAG Group is a very big construction engineering company dealing with civil engineering, transportation infrastructures, and building construction.
Balfour Beatty, United Kingdom: Highly popular for their work on dams, railways, and power stations,
Balfour Beatty is one of the leading U.S commercial construction industries working in Europe, the USA, and China.
Kiewit Corporation, United States of America: Kiewit is one of the highly respected Fortune 500 construction companies. This employee-owned construction company is operating since 1884.
Laing O’Rourke, United Kingdom: This is UK’s largest privately owned MNC that focuses on engineering, construction, & asset management.
Whiting-Turner, United States of America: US-based Whiting-Turner is famous for its general construction management services all across the world in sectors like healthcare, education, transportation, utilities, retail, technology, etc.
Gilbane Building Company, United States of America: With more than 146 years of experience, the family-owned firm Gilbane Building Company is a leader in real estate development.
Turner Construction, United States of America: Turner Construction is one of the leading construction firms in the US having its headquarters in New York City.
Other famous construction companies are:
- Kajima Corporation – Tokyo, Japan
- Hyundai Engineering and Construction Company – South Korea
- Fluor Corporation, United States
- AECOM, Los Angeles, CA
- PCL Construction Enterprises, Denver, CO
- DPR Construction, Redwood City, CA
- Hensel Phelps Construction, Greeley, CO
- Lendlease, Australia
- Haskell, USA
- Holder Construction Company, Atlanta, GA
- The Walsh Group, Chicago
Reference:
- https://www.constructionkenya.com/9637/largest-construction-companies/
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