ANNOUNCEMENT 17 May 2017
17th May 2017 - China Construction America announced its investment subisdiary had made a $140m equity investment in construction project in New York, NY, USA. The company is the US arm of the Chinese state-controlled China State Construction Engineering Corp, one of the three largest construction firms on the globe.
NUMBER OF INTERVENTIONS
STRATEGIC CAPITAL ANNOUNCES ITS FIRST NEW YORK CITY DEVELOPMENT, China Construction America, 17th May 2017.
On the 17th of May 2017, the investment subsidiary of China Construction America (CCA), Strategic Capital, annouced that it had invested $140m of funds into a new construction project in New York, NY, USA. CCA's parent company, China State Construction Engineering (CSCE) is a Chinese state-owned construction company, heavily supported by both the Chinese government and Export-Import bank of China in extending the tendrils of China's construction industry overseas.