The profile of CGCOC
CGCOC is a mixed-ownership enterprise jointly funded by state-owned enterprises, management teams, local state-owned assets, overseas key employees and external natural persons. By adhering the business philosophy “creating wealth through cooperation, seeking development through innovation", CGCOC shoulders the mission of “going out” and insists on focusing on overseas markets and long term rooted localized management. By having distinctive characteristics in its own system, mechanism and development model, CGCOC brings lucrative returns for shareholders and makes great contributions to the development of those countries and the implement of the China’s strategy of “going out”, thus receiving the praise from national leaders, foreign heads of state and people from all walks of life, becoming a new era Export-oriented enterprises with unique characteristics in China's external economic.
Since its establishment, the business field of CGCOC has developed from the single project construction into four business areas, which include consulting planning, investment operation, overseas infrastructure construction, logistics and trade. The employees of CGCOC have reached to nearly 25,000 at home and abroad, among them, over 90% are foreign nationals.
CGCOC has formed three regional centers in Africa, namely the eastern Africa, west-central Africa with English speaking regions and French speaking regions, covering 27 countries and accounting for 50% of the whole African countries, among which, CGCOC Nigeria Company has been established for 35 years. Now, the brand influence of CGCOC taking team works as its base and core is becoming increasingly remarkable.
By relying on the long-term overseas backbone team strength, the markets of host countries, CGCOC takes the "high-end consulting, comprehensive planning" as the means, providing the comprehensive development of host counties with synthesized solution which is accordant to Chinese overseas interests as well as the needs of host countries.
Following the important instruction President Xi Jinping and Premier Li have given to CGCOC during their visit to Africa, CGCOC is now working hard to build service platforms, namely "a partnership for Africa's development" and "a bridge for China-Africa cooperation".