{{Short description|Chinese construction and engineering company}} {{dablink|Not to be confused with [[CGC Overseas Construction Group]], another state-owned Chinese construction company}} {{dablink|Not to be confused with [[China Overseas Holdings]], another state-owned Chinese construction company}} {{Infobox company | name = China Overseas Engineering Group |native_name =中国海外工程有限责任公司 | logo = | caption = | former_name = China National Overseas Engineering Corporation | type = Subsidiary | traded_as = | industry = | fate = | predecessor = | successor = | foundation = | founder = | defunct = <!-- {{End date|YYYY|MM|DD}} --> | location_city = | location_country = [[China]] | locations = | area_served = Africa | key_people = | products = | production = | services = | revenue = | operating_income = | net_income = | assets = | equity = | owner = | num_employees = | parent = [[China Railway Group Limited]] | divisions = | subsid = | homepage = {{URL|http://en.covec.com/}} | footnotes = | intl = }} {{Infobox Chinese |title=China Overseas Engineering Group Co., Ltd. |s=中国海外工程有限责任公司 |t=中國海外工程有限責任公司 |p= |order=st }} '''China Overseas Engineering Group Co., Ltd.''' known as '''COVEC''' is a Chinese construction and engineering company that is subsidiary of [[China Railway Group Limited]], which is organized as a large collection of engineering and design firms.

The company premiered in [[South Africa]] in 2006 when it won a 425-million rand public tender held by Trans-Caledon Tunnel Authority, the [[Water supply and sanitation in South Africa|state agency responsible for bulk water infrastructure]].<ref name=water>{{cite news|title=Shock as Chinese contractor snaps up big SA water contract|url=http://www.engineeringnews.co.za/article/shock-as-chinese-contractor-snaps-up-big-sa-water-contract-2006-01-27|newspaper=Engineering News|date=January 26, 2006}}</ref> The selection of COVEC was described by a local trade publication as unsettling to the other short listed bidders, two local construction consortia. One consisted of Group Five Construction, Grinaker-LTA, Rainbow Construction and WBHO Construction; the other was Vaal Civils, made up of Concor, CCC, Kgalagadi Multi Projects, Thuso Water, SET-MAK Civils, Mascrete and Betsy Building.<ref name=water /> COVEC's bid was 25% below the lowest other bid, and as a consequence local construction companies expressed fears about downward price pressure that would end hopes they had of a strong rebound in the construction market with better profit margins.<ref name=water />

In [[Morocco]], COVEC built the 67&nbsp;km section of the [[Fez, Morocco|Fez]]-[[Oujda]] road extending from Taza to Guercif.<ref name=morocco>{{cite news|title=Morocco's road programme boosts economy|url=http://www.worldhighways.com/categories/earthmoving-excavation/features/moroccos-road-programme-boosts-economy/|newspaper=World Highways|date=September 2010}}</ref> The project presented difficulties in terrain and geology for COVEC, requiring the levelling of hills and valleys and provision of porous materials that would provide adequate drainage in a region with water absorbing soil.<ref name=morocco />

In [[Poland]], COVEC,<ref name=poland>{{cite news|title=European Project Trips China Builder|url=https://www.wsj.com/articles/SB10001424052702303459004577363842916410790/|newspaper=Wall Street Journal|date=June 2012}}</ref> won the bid for construction of a highway linking [[Warsaw]] with city of [[Berlin]] in September 2009, but didn't manage to complete construction and withdrew its operations from Poland, and is now facing the threat of a €200 million compensation claim, which include four month of projected toll losses and 10 percent fine.<ref name=claim>{{cite news|title=Covec to Face 200 Mln Euro Claim for Violating Polish Highway Contracts |url=http://english.caixin.com/2011-09-19/100306905.html |newspaper=CaixinOnline|date=September 2011}}</ref> Highway was planned to be ready for use at the time when [[UEFA Euro 2012]] in Poland would begin, [[BÖGL a KRÝSL]] took construction after COVEC reneged contract and finished it on time.

==References== {{Reflist}}

{{Construction and civil engineering companies of China}}

[[Category:Construction and civil engineering companies of China]]