POWERCHINA Asia Pacific, headquartered in Kuala Lumpur, Malaysia, is responsible for the project contracting and investment business on behalf of POWERCHINA Group in 31 countries and regions in Southeast Asia, East Asia, and the Oceania region. ASEAN countries, South Pacific island countries, and Hong Kong SAR, China are the main sources of the operating performance of POWERCHINA Asia Pacific.
POWERCHINA's operations in the Asia-Pacific region began in the 1990s. At the time, with the support of the Chinese government, some subsidiaries of POWERCHINA undertook a number of projects in Southeast Asian countries, with typical projects such as Punglung Hydropower Project in Myanmar and the Jatiluhur Dam in Indonesia. Since 2004, POWERCHINA has established the international priority development strategy. Laos, Malaysia, Cambodia, Vietnam, and other Southeast Asian countries are the first international markets that POWERCHINA has been to after starting its international operation. After nearly 20 years of growth, POWERCHINA has become a significant force active in the Asia-Pacific construction market. The company has successively completed more than 200 large and medium-sized engineering contracting projects in the Asia-Pacific region, covering hydropower stations, thermal power stations, photo-voltaic power stations, wind power stations, railways, roads, bridges, ports, housing construction, and other fields, with a total contract value of more than USD 20 billion.
In recent years, POWERCHINA Asia Pacific has closely focused on deepening and optimizing the international business priority development strategy. Combined with the market characteristics of the Asia-Pacific region, and adopted an innovative business expansion model, the company actively and steadily explored the development of the Asia-Pacific region market and has made gratifying results. In 2021, POWERCHINA signed a total of USD 6.8 billion in the Asia-Pacific region. As of May 31, 2022, the company has 147 projects under construction in the Asia-Pacific region, with a contract value of about USD 17.4 billion.
Email: caoyang01@powerchina-intl.com
