According to statistics from Suitang Technology · Infrastructure Express Big Data, in November 2023, approximately 710 engineering projects/contract sections were awarded in the engineering sector, with total project awards exceeding 1.08 trillion yuan.

Top Ten Provinces for Major Projects in November

Statistics show that the 500-million+ major projects announced in November were distributed across all provinces, municipalities, and autonomous regions nationwide as well as overseas regions. Among them, 24 regions had engineering award amounts exceeding 10 billion yuan, while 1 province exceeded 100 billion yuan. The top ten regions in the ranking of total provincial engineering awards are: Jiangsu Province, Hubei Province, Shandong Province, Zhejiang Province, Yunnan Province, Sichuan Province, Guangdong Province, Anhui Province, Henan Province, and Jiangxi Province.

Jiangsu Province leads other provincial regions with approximately 105.7 billion yuan in engineering awards, ranking first in the regional award list, while Hubei and Shandong provinces rank second and third respectively in award amounts.

Top 30 in the Monthly Award Amount Ranking

According to statistics: in November, there were approximately 264 individual projects/contract sections in the infrastructure market with amounts exceeding 1 billion yuan, about 32 exceeding 5 billion yuan, and approximately 16 projects of 10 billion+ yuan. Ranked by single award amount, the top 30 projects/contract sections in the monthly award list are as follows:

The largest project by amount is the Guogao Network G7611 Duyun to Shangri-La Expressway Ninglang to Shangri-La Section and Hongning Branch Line Project Cooperative Investor Project from Yunnan Province. The winning investor units for this project brought together local leading enterprises in Yunnan Province as well as the central construction SOE China Communications Construction. Led by Yunnan Communications Investment, in partnership with CCCC First Highway Engineering, CCCC Third Highway Engineering, and other local enterprises, the award amount was 51.7 billion yuan.

Monthly Award Leaderboard of Construction Enterprises

The winning units for major projects in November were mainly the eight major central construction SOEs as well as local state-owned and private enterprises. Among them, projects in which the eight major central construction SOEs participated in winning bids totaled approximately 726 billion yuan, accounting for 67% of the total, representing a massive market share.

Based on the group affiliation of the winning units, the ranking of award amounts for major infrastructure projects by the eight major central construction SOEs (counting only their independent wins plus joint wins with local enterprises) is: China State Construction > China Communications Construction > China Railway Construction > China Railway Group > Power Construction Corporation of China > China Metallurgical Group > China Energy Engineering > China National Chemical Engineering.

Joint bidding data of the eight major central construction SOEs not included in statistics

TOP10 Awards of Each Central Construction SOE

China State Construction:

China Communications Construction:

China Railway Construction:

China Railway Group:

Power Construction Corporation of China:

China Metallurgical Group:

China Energy Engineering: