Top Construction Companies: Part 1

Construction business is a mentionable real estate job. This is known as an evergreen field because constructing new buildings will never end. So, chances of contracts are also unlimited.

Every year, United States construction industry creates almost $1 trillion in structural and infrastructural system. This expenditure adds almost $3.4 billion to the Gross Domestic Product of the country and puts a great contribution the economy. So, construction industry proves itself very significant.

Source: gierchshgroup.com

Today we will talk about five biggest construction companies in the world

Actividades de Construcción y Servicios

This company is also known as ACS. This is a Spanish based company which runs globally. This company has got many more subsidiary companies. Among them, Dragados, Hochtif and Turner are the most notable. ACS has projects around the whole world. They will be soon starting on their new project of California Natural Resources Agency and the Quellón Hospital in Chile. Usually they work on big projects. They are considered to be one of the largest companies in the world. This company alone has more than 200,000 employees. The total revenue of the employees is almost $40 billion U.S. dollars.

Vinci

Source: Immoweek

This is an Italian based company. It also works on the global floor. They have a specific construction group and also other kind of services. Vinci got more than 185,000 people as their employees across the world globe. According to 2018 Annual Report, their revenue was more than $44 billion U.S. dollars.

PowerChina

This is considered to be one of the biggest construction companies in the whole world. It is also known as one of the largest companies in China. They also work internationally. Their primary work is in energy and infrastructure sector. Soon they will work on a vast infrastructure project in Kenya in 2019. This company has got 135,000 people as their employees. They have an annual revenue which is almost $45.5 billion U.S. dollars.

Bouygues

This company is French-based. They work internationally. It has got many subsidiary companies. But all of the subsidiaries don’t have ‘Bouygues’ in their name as it is considered to be very high class company. Bouygues is involved in construction and infrastructure industry. A notable upcoming project of Bouygues is going to be the new campus for Cardiff University in Wales. This company is surely one of the biggest construction companies around the whole world. They have more than 118,000 people as their employees. The annual revenue of this company is almost $37 billion U.S. dollars.

Larsen and Toubro

Source: bankersindia.in

This is known as the parent company of Larsen and Toubro Construction. This company is generally abbreviated to L & T Construction. They are considered to be the largest construction company of India. L & T Construction is also known as one of the biggest construction companies around the whole world. Soon they are going to start work on an iconic bridge which is across the River Krishna. L & T Construction has more than 104,000 people as their employees. This company has an annual revenue of $17 billion U.S. dollars.

In our next part, we will continue this list. Keep yourself updated.

Reference: https://esub.com/top-10-biggest-construction-companies-in-the-world-and-what-makes-them-great/

Featured Image: gierchshgroup.com

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