Every year, Brand Finance looks at 5,000 of the biggest brands across all sectors and all countries and produces more than 100 reports. One of those reports is a listing of what Brand Finance considers the world’s 50 most valuable and influential engineering and construction brands.
The Brand Finance Engineering & Construction 50 2023 puts China State Construction Engineering Corporation (CSCEC) at the top with a ‘brand strength index’ score of 76.4% which Brand Finance says corresponds to a AA+ rating.
Annual performance indicators saw significant year-on-year growth, including revenue and new construction contracts. In 2022, CSCEC delivered 28 venues and auxiliary projects for the Beijing Winter Olympics.
Brand Finance managing director Richard Haigh said: “Generally, Chinese engineering and construction brands continue to grow. These brands, however, are now faced with new expectations of sustainability.
“Now that the Chinese government has announced its five-year plan for the engineering & construction industry, these brands will need to adapt and integrate sustainability into their core strategies to maintain brand value and strength.”
Got a story? Email [email protected]