The construction industry is one of the oldest and largest industries in the world. These companies are reshaping our world by building bridges, skyscrapers, stadiums and so on. In the upcoming future, the world’s oldest and most dilapidated infrastructures will be modernized by the construction companies. According to the professionals, the global construction industry will reach a mammoth value of $10.5 trillion by 2023. This industry will keep growing as long as the companies are up to date with modern technologies. We have gone through a number of news portals, blogs, and other online and media sources to make a list of companies that have topped the list of biggest Construction Companies in the World according to the data of 2020.
Below is the list of top 10 biggest Construction Companies in the World on the basis of revenue earned:
Website – CCCCLTD
China Communications Construction Company Ltd is the top construction company in our list according to the amount of revenue earned. It is popularly known as CCCC. It is a multinational engineering and construction company based in Beijing, China. Its most notable project is the Runyang Yangtze River Bridge (China), which is the third-longest suspension bridge span in the world and the largest in China. Its other projects are Danyang–Kunshan Grand Bridge, Hong Kong–Zhuhai–Macau Bridge, Pakistan Karakoram Highway Upgrading Project, Beijing Capital International Airport Terminal 3, etc. It earns a revenue of $70 billion USD and employs over 118,000 people on an average.
Website – PowerChina
The largest construction company in China, PowerChina stands at number two in our list of top construction companies. It is also one of the biggest construction companies in the world. Like most of the other companies on this list, PowerChina mainly focuses on building infrastructures. The Adama Wind Farm in Ethiopia is one of the greatest works of PowerChina. Currently, the company is providing all-round solutions in Hydropower, Thermal Power, New Energy, T&D, Infrastructure, Equipment Manufacturing, and Real Estate. The company employs over 200,000 people and has an annual revenue of around $52.3 billion U.S. dollars (approx.) according to the reports of 2017.
Website – Vinci
Vinci is the number 3 biggest construction company in the world on our list is the 116-year-old French giant. The company became large by acquisitions of other construction companies. The most notable project of this company is the Louvre Pyramid base and underground. IT also has worked with other great projects such as the Gariep Dam in South Africa, completed in 1971 and the Stade de France, built-in 1995. According to the reports of 2018, the company employs around 211,233 people.
VINCI has a Zero Accidents policy, making it a very worker-friendly construction company.
Website – ACS
ACS is on the 4th position in our list. It is an architecture firm and construction company based in Madrid, Spain. The most notable work of this construction company is the Torre Glòries, formerly known as Torre Agbar. It employs over 210,345 people according to the reports of 2014. It earned a huge revenue of 34.06 billion EUR in 2016.
Website – Bouygues
Bouygues Construction is one of the largest construction companies based in France. It mainly focuses on innovation as a business strategy. The most notable work of this construction company is the Musée d’Orsay Museum in Paris, France. It earned over €32.904 billion EUR in 2017. It employs over 115,530 people according to the reports of 2017.
Website – Bechtel
Bechtel is the biggest construction company in the USA. It also holds 11th position in the list of the largest privately owned American company in 2018. It built the Hoover Dam between 1931 and 1936 situated on the border between the U.S. states of Nevada and Arizona. It earned $25.9 billion USD as revenue in 2017 and employs over 55,000 people (2017).
Website – Hochtief
Hochtief Aktiengesellschaft is a Germany based construction company. It built the Bosphorus Bridge (officially known as the 15 July Martyrs Bridge) in Istanbul, Turkey in 1973. It earned €22.63 billion EUR in 2017. Currently, it is employing over 53,890 people.
Website – Skanska
Skanska AB is a Sweden based multinational construction and development company. According to Construction Global magazine, it is the fifth largest construction company in the world. It built the MetLife Stadium, an American football stadium. It generated $15.63 billion USD revenue in 2016. It had over 42,903 employees on an average according to the reports of 2016.
Website – STRABAG
STRABAG SE is a Vienna based construction company in Austria. It is one of the biggest construction companies in Europe and the largest in Austria. It built the Alte Weser Lighthouse situated in the southern North Sea between 1961 and 1964. It earned over €13.51 billion EUR as revenue in 2017 and employs over 71,839 people on an average according to the reports of 2016.
Website – Balfour Beatty
Balfour Beatty is a UK based multinational construction group of companies. Currently, the group is operating in the United Kingdom, Ireland, the United States, Canada, and SouthEast Asia. The group’s one of the most notable works is the Capitol Visitor Center, Washington, D.C., United States. It earned 7.802 billion GBP in 2018 and employs over 26,000 people worldwide.