| Type | State-owned enterprise |
|---|---|
| Industry | Construction, sugar processing |
| Headquarters | , |
Area served | People's Republic of China |
Key people | Chairman: Mr. Liu Xueyi |
| Website | www.complant.com |
China National Complete Plant Import Export Corporation (Complant) is a Chinese company mainly involved in contracting and engineering in the domestic and international markets. In a 2013 ranking compiled by Engineering News-Record of revenue from international contracting work, Complant was listed at number 235 with $154.5 million in international revenue in 2012.[1]
Sugar processing
The company also has several subsidiaries in the sugar industry.
Sierra Leone
Complant Magbass Sugar Company is a subsidiary located in Sierra Leone that operates a sugar production facility, in Magbass, Tonkolili District, rehabilitated by the company in 2003.[2] The sugar operations in Sierra Leone have enjoyed the support of the local traditional elder, Paramount Chief, Alhaji Masakama Kanamanka 111, who in a ceremony in November 2012 for the sugar facility lashed out at anybody under his domain who stole equipment or burned the crops of the company.[2]
Jamaica
The company became a major investor in Jamaica in 2011 with the purchase of three sugar factories in a divestment by the government of Jamaica.[3] The sugar factories were sold for US$9 million with a planned investment of 156 million to follow the purchase in order to rehabilitate the factories.[3] The company moved rapidly on the investment, investing US$8 million in rehabilitation and buying US$20 million in spare parts and materials before taking control of the facilities.[3] For the Jamaican government, the goals behind the sale included improvement of efficiency in the transferred factories and, down the line, the transformation of the Jamaican sugar industry.[3]
References
- ^ "The Top 250 International Contractors". Engineering News Record. 2013.
- ^ a b "COMPLANT Magbass Sugar Company Commences 2012/2013 Production". Concord Times. November 22, 2012.
- ^ a b c d "COMPLANT wasting no time". The Gleaner. August 16, 2011.
This page was last edited on 8 January 2024, at 07:59