China National Chemical Engineering
| Company type | State-owned enterprise |
|---|---|
| Industry | Construction engineering and design |
| Headquarters | China |
Area served | Worldwide |
| Parent | China National Chemical Engineering Group Corp. |
China National Chemical Engineering Co., Ltd. (CNCEC) is a construction engineering and design company based in China, ranked 16th worldwide among general contractors by revenue and 20th in terms of international project earnings as of 2022.
The parent organization of CNCEC, China National Chemical Engineering Group Corp., is a state-owned enterprise managed by the State-owned Assets Supervision and Administration Commission under the State Council.
Projects
- In May 2012, CNCEC was awarded a $2.95 billion contract by the UAE government to deliver the National House Scheme within a five-year timeframe.
- In January 2024, the Iraqi government initiated a $2 billion development project to establish a new residential city west of Baghdad, with CNCEC collaborating alongside two additional companies.
U.S. investment restrictions
In August 2020, the United States Department of Defense identified firms associated with the People's Liberation Army operating within the United States, including CNCEC. Subsequently, in November 2020, Donald Trump signed an executive order prohibiting American entities and individuals from owning shares in these designated companies, thereby affecting CNCEC directly.