Complant

This article is about a Chinese construction and engineering company. For the early Middle Age sharecropping system, see Prendeur.
China National Complete Plant Import Export Corporation
State-owned enterprise
Industry Construction, sugar processing
Headquarters Beijing, People's Republic of China
Area served
 People's Republic of China
Key people
 Chairman: Mr. Liu Xueyi
Website China National Complete Plant Import & Export Corporation (Group) company page

China National Complete Plant Import Export Corporation (Complant) is a Chinese company mainly involved in contracting and engineering in the domestic and international markets. In a 2013 ranking compiled by Engineering News-Record of revenue from international contracting work, Complant was listed at number 235 with $154.5 million in international revenue in 2012.[1]

Sugar processing

The company also has several subsidiaries in the sugar industry.

Sierra Leone

Complant Magbass Sugar Company is a subsidiary located in Sierra Leone that operates a sugar production facility, in Magbass, Tonkolili District, rehabilitated by the company in 2003.[2] The sugar operations in Sierra Leone have enjoyed the support of the local traditional elder, Paramount Chief, Alhaji Masakama Kanamanka 111, who in a ceremony in November 2012 for the sugar facility lashed out at anybody under his domain who stole equipment or burned the crops of the company.[2]

Jamaica

The company became a major investor in Jamaica in 2011 with the purchase of three sugar factories in a divestment by the government of Jamaica.[3] The sugar factories were sold for 9 million USD with a planned investment of 156 million to follow the purchase in order to rehabilitate the factories.[3] The company moved rapidly on the investment, investing 8 million USD in rehabilitation and buying 20 million USD in spare parts and materials before taking control of the facilities.[3] For the Jamaican government, the goals behind the sale included improvement of efficiency in the transferred factories and, down the line, the transformation of the Jamaican sugar industry.[3]

References

  1. ↑ "The Top 250 International Contractors". Engineering News Record. 2013.
  2. 1 2 "COMPLANT Magbass Sugar Company Commences 2012/2013 Production". Concord Times. November 22, 2012.
  3. 1 2 3 4 "COMPLANT wasting no time". The Gleaner. August 16, 2011.
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