Top 10 Construction Contractors in the World in 2021 by Contract Expenditure

China Railway Engineering Group Co Ltd, China Railway Construction Corporation Group, China State Construction Engineering Corp Ltd, China Communications Construction Group Ltd, and Power Construction Corporation of China are the top 5 construction contractors in the world by contract expenditure in 2021. Comprehensively, the top 10 construction contractors in the world had a contact expenditure of $394,826 million, where China Railway Engineering Group Co Ltd was the highest ($96,576 million) and Vinci SA was the lowest ($12,604 million). In terms of the geographical split, 7 out of the world's top 10 construction contractors are based in Asia, while 2 are based in Europe, and the remaining 1 is based in North America. They employed a total of 937,838 people in 2021. The China-based China Railway Engineering Group Co Ltd is the leading construction contractor in the world (by contract expenditure). It operates primarily through its subsidiary, China Railway Group Limited (CRGL). It undertakes several construction projects such as railways, highways, municipal works, and urban rails. It also constructs metropolitan rail, residential buildings, hydraulics and hydroelectricity, ports, docks, and airports. The company also provides a range of integrated solutions, including infrastructure construction, survey, design and consulting services, engineering equipment, and component manufacturing. It also provides property development of residential and commercial buildings and other related services. The China-based China Railway Construction Corporation Limited is another leading construction contractor in the world (by contract expenditure). China Railway Construction Corporation Group (China Railway) is the controlling shareholder which holds a 61.33% equity interest in China Railway Construction Corporation Limited. The company offers construction, project contracting, survey, design and consultancy services. China Communications Construction Company Ltd (China Communications) is another leading construction contractor in the world (by contract expenditure). The company offers design and construction of transportation infrastructure services.