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CWE on a steady rise in new ENR ranking
In the newly issued Top 250 International Contractors of 2016 by Engineering News-Record (ENR), CWE has been ranked the 74th, same ranking with last year. It has been on the list for 27 consecutive years. Among the 65 Chinese mainland enterprises awarded the honor, CWE ranked the 13th, one place upward from last year.
CWE also ranked the 122th, in the Top 225 International Design Firms of 2016 by ENR, up eleven places from 2015. It has been on the list for 16 consecutive years since 2001.
In 2015, the international contracting market has been shrunk to USD 500 billion from previous USD 520 billion in 2014, down by around 4%. In the face of sluggish global economic recovery and fierce competition in international engineering contracting market, CWE managed to maintain good momentum of development, setting records in newly-signed international engineering contract amount and turnover while steadily expand its international influences.
The Engineering News-Record (ENR), as the world’s most prestigious publication in construction contracting field, is deemed as an importation indicator for competitiveness of international contracting firms and has extensive and tremendous influence in the industry. Being consecutively ranked on a steady rise, CWE fully displayed its international competitiveness and development potential, as well as built CWE’s good brand image in the field of international contracting.