Is Luqiao Group a state-owned enterprise or a private enterprise?

Luqiao Group is a state-owned enterprise.

Brief introduction of China Luqiao Engineering Co., Ltd.;

China Road and Bridge Engineering Co., Ltd. (CRBC) is one of the first four state-owned enterprises in China to enter the international project contracting market. Mainly engaged in engineering contracting, investment, development and operation of roads, bridges, ports, railways, airports, real estate and industrial parks. Branches have been established in 69 countries and regions in Asia, Africa, Europe and America, and three regional centers in Central and Eastern Europe, Central Asia and Latin America have been established.

China Luqiao was formerly the Foreign Aid Office of the Ministry of Communications. From 1958, I went abroad to undertake the construction of foreign aid projects of China government. 1979, the company was formally established and entered the international project contracting market. In 2005, after reorganization, it became a wholly-owned subsidiary of China Communications Construction Co., Ltd., built a large number of landmark projects with international influence and won many domestic and foreign awards. As a well-known brand in the field of international engineering contracting, CRBC enjoys a worldwide reputation.

Seize the opportunity, the company has built many famous projects in various ways, such as Monnet Railway in Kenya, karakoram highway in Pakistan, Jiesi-Tuba Expressway in Senegal, Jingang Expressway in Cambodia, Zemon-Bolza Bridge in Serbia, Peleshac Bridge in Croatia and Maputo Bridge in Mozambique.