2017 RANKING & REVIEWS
TOP RANKING BIGGEST CONSTRUCTION COMPANIES
What Does a Construction Business Do?
Construction companies and the construction industry are at the forefront of global development and acceleration. Worldwide construction companies are directly related to architecture and civil engineering, as well as the concept of building an infrastructure. There are building construction companies that specialize in commercial properties as well as the private sector, and the responsibilities are diverse.
Award Emblem: Best 6 Top Construction Companies in the World
Most of the world’s top construction companies have many roles they take on and integrate human capital as well as machinery to complete projects.
Top construction companies and the biggest construction companies like the ones included on this list tend to have a massive hierarchical structure of employees, each of whom has a distinct role in the process.
The management of construction companies can be complex, as there are always many moving parts that are in action at the same time, and planning is an essential component of the best construction companies.
The following ranking and review looks at the top construction companies in the world and the largest construction companies, as well as details as to what makes them the best in the construction business.
AdvisoryHQ’s List of the Top 6 Biggest Construction Companies
List is sorted alphabetically (click any of the construction company names below to go directly to the detailed review section for that construction business):
Top 6 Building Construction Companies | Brief Comparison
|Financing, construction, management, and maintenance of essential infrastructure assets|
San Francisco, US
|Innovation, infrastructure, mining and metals, oil, gas and chemicals, nuclear, security, and environmental|
|China Communications Construction Group|
|Road, railway, dredging, port infrastructure|
|Sustainability and corporate responsibility in a wide variety of projects including construction of buildings, infrastructure, and modular development|
|Larsen & Toubro|
Mumbai, Maharashtra, India
|Focuses on environmentally-friendly Green Portfolio projects|
Tempsford Hall, Sandy, Bedfordshire, UK
|Kier is a property, residential construction and infrastructure services company|
Table: Top 6 Biggest Construction Companies | Above list is sorted alphabetically
Key Global Building Construction Trends for 2017
There are some challenges that might be faced in the construction industry at the global level for the remainder of 2017, but understanding these challenges as well as general trends being encountered in the construction industry also paint a picture of worldwide development and the economy.
First, one of the top trends that’s continuing throughout 2017 regarding building companies is an increasing push for sustainability and green building. New environmentally based building requirements are being implemented around the world, and building companies will need to make sure they’re ahead of regulations and laws, as well as general trends.
Image Source: Pexels
It’s expected that in 2018 the demand for green-certified buildings will double.
Also relevant in the building construction industry is the growth of modular design, which meets demands such as the need for more efficiency and lower costs in the construction industry.
Finally, also relevant to construction companies and the construction business in 2017 is new technology. There are apps and mobile software that are being implemented to make it faster and easier to manage construction projects, human capital, and machines. It lowers administrative time and lets project managers and supervisors focus on key requirements instead.
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Detailed Review: Top-Ranking Biggest Construction Companies
Below, please find the detailed review of each of the top construction companies. We have highlighted some of the factors that allowed these construction companies to score so well in our selection ranking.
Balfour Beatty Review
Balfour Beatty is a British construction business that describes itself as a “leading international infrastructure group.” The focus of this leader among building companies is on infrastructure as it relates to professional services, construction services, support services and infrastructure investments.
Key Features That Led to Its Ranking as One of the Top Construction Companies
Among the world’s top construction companies, the following are some reason Balfour Beatty is not just one of the biggest construction companies but also one of the best construction companies.
Balfour Beatty is a building construction company with a very long history, and it’s one of the most well-known construction company names in the world. They have been involved with many major, high-profile projects. Some of these include:
- The Kielder Dam, Northumberland
- The Docklands Light Railway
- The Channel Tunnel
- University College London Hospital
- Dubai Mall
- The East London Line
- Aberdeen Western Peripheral Route
Balfour Beatty outlines some of the ways they remain competitive in the global construction industry and remain one of the top construction companies in the world. Some of these methods for competitiveness include:
- This construction business has extensive engineering expertise to deliver complex, extensive infrastructure projects
- This construction business can pair engineering expertise with a local presence, ensuring excellent supplier and customer relationships
- This building construction company has excellent investment capabilities and construction and support services
- Key to the work provided by Balfour Beatty are safety, sustainability, and an ethical approach
This building construction company defines their objective as the financing, construction and management of essential infrastructure assets. This construction business operates primarily in the UK, North America, and some parts of South East Asia.
Customers of this building construction firm including governmental agencies, regulated utilities, and private sector organizations.
Bechtel Corporation is a privately held company founded by Warren A. Bechtel in 1898 and headquartered in San Francisco. This construction contracting company had revenue of more than $32 billion in 2015, and it’s the largest construction and civil engineering company in the U.S.
Key Features of This Selection for One of the Top Construction Companies
Some of the reasons Bechtel is included in this list of leading construction company names in the construction industry are below.
Forbes named Bechtel number nine on its 2016 list of America’s Largest Private Companies by revenue. It was also ranked 7th on Fortune’s list of the 25 Most Important Private Companies.
This building construction company has been named the top U.S. Contractor by revenue by Engineering News-Record for 18 consecutive years. It’s also ranked third on the media publication’s Top 250 International Contractors list based on revenue.
Bechtel is a building construction company that’s very focused on innovation and being a leader in the construction industry. They have integrated advancements that have been made in technology, automation, data integration and virtual reality to create new opportunities in engineering, procurement, and construction.
Bechtel is one of the top construction companies because they’re constantly looking ways to make their work better, leaner, faster and safer, and their team of engineers includes system and software engineers.
They have also led the way in historical developments, such as the requirement that hard hats be worn at large construction projects.
The Future Fund
Known as one of the most innovative construction company names, Bechtel created the Future Fund, which is a way for the company to seek out disruptive new ideas from customers, colleagues, and suppliers.
The Future Fund then selects ideas to improve processes for construction and engineering as well as project safety and quality.
The goal is always to develop and implement the best ways of doing things for customers.
Image Source: Bechtel
China Communications Construction Company Review
Headquartered in Beijing, China Communications Construction Company (CCCC) is a service provider of road construction, railway building, dredging and reclamation, and port infrastructure. CCCC is also one of the biggest construction companies in the world, and one of the top construction company names in the construction industry.
Key Factors That Led to Our Ranking of This As One of the Top Construction Companies
Reasons CCCC is included on this list of building companies including the largest construction companies are highlighted below.
CCCC was established in Mainland China in 2005 through the merger of the China Road and Bridge Group and the China Harbour Engineering Company Group. This leading construction business focuses on the construction and design of transportation infrastructure dredging and port machinery manufacturing.
It’s one of the biggest construction companies in the world, and it is the largest port development and design company in China. It’s also the largest dredging company in China and the third largest in the world.
CCCC is also the largest Mainland China infrastructure government-owned enterprise company on the Hong Kong Stock Exchange Market.
According to this building construction firm, they have been working actively on developing their technology and innovation as well as their brand development strategy, which allows them to attract some of the best talent in the engineering and construction industry.
This building construction company has three members of the Chinese Academy of Engineering on the team, as well as one National Reconnaissance Master. There are also 13 National Design Masters who work for CCCC.
CCCC isn’t just one of the biggest construction companies in the world. This construction business has also won many awards, including the National Award for Scientific and Technical Progress, and the Chinese Construction Project Luban Award.
This building construction firm is also equipped to take on advanced, complex projects because of their specialized equipment and machinery assets, which allow them to be competitive for large-scale projects.
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Laing O’Rourke Review
Laing O’Rouke is a private construction company headquartered in Dartford, UK, with a presence in many countries around the world. It’s also the largest privately-owned construction company in the UK.
Key Factors That Led to Our Ranking of This as One of the Top Construction Companies
Below are specific features of Laing O’Rourke leading to its ranking as one of the biggest construction companies and one of the best construction companies.
Everything Laing O’Rourke does globally is guided by a sense of corporate responsibility, transparency, and taking every effort to minimize the negative impact their work could have.
Their approach to business is based on fairness, safety, and sustainability.
They base concepts of health and safety on personal commitment and individual empowerment, and they invest significantly in training and developing the professionals on their team.
As one of the biggest construction companies in the world, this general construction company, and engineering company specializes in funding, designing, manufacturing, constructing and also maintaining structures. Some of their specific areas of focus include:
- Building construction
- Modular manufacturing
- Support services
This high-profile international building construction company and general construction company has undertaken some very notable projects during its long history. Some of their projects include:
- Ascot Racecourse
- Darwin Convention Centre in Australia
- London Heathrow Terminal 5
- Atlantis, The Palm, Dubai
- One Hyde Park in London
- London Heathrow Terminal 2
- Hinkley Point C Nuclear Power Station
- Redevelopment of the Royal Sussex County Hospital
Larsen & Toubro Review
Larsen & Toubro is a general construction company and engineering company based in Mumbai, Maharashtra, India. Services include not only general construction but also real estate, financial services, and IT services.
Key Factors That Led to Our Ranking of This As One of the Top Construction Companies
When comparing building companies and top construction company names, the following are reasons L&T is included as a leading building construction company.
Green Portfolio and Sustainability
One of the key factors L&T credits for its long-term success as one of the largest construction companies and one of the world’s best construction companies is its focus on green building and innovation.
Through their dedicated Green Portfolio L&T delivers engineering and design solutions with minimal environmental impacts and they integrate technology solutions to provide less water consumption, lower carbon emissions, and more energy efficiency.
Buildings and Factories
With regard to being a building construction company, L&T has a sector of business called Buildings & Factories. This business vertical brings to each project extensive experience and expertise.
Some of the specific projects L&T can take on as one of the largest construction companies include:
- IT and institutional space including parks, high-rise towers, and offices
- Health and leisure including hospitals, hotels, entertainment centers, mixed-use developments, and malls
- Residential buildings which are divided into two primary categories—Elite Housing and Affordable & Mass Housing
- Factors including turnkey design and construction services for factories that fall into two primary categories—Cement and Heavy & Light Engineering Plants
Heavy Civil Infrastructure
Another vertical business component of this leader among global construction companies is Heavy Civil Infrastructure. This is the sector of the general construction company that takes on a range of projects including Engineering, Procurement, Construction (EPC) services for municipal projects.
These projects can include nuclear power plants as well as ports, tunnels, and special bridges.
Kier Group Review
The Kier Group is a top construction business and one of the biggest construction companies, with headquarters in Sandy, Bedfordshire, UK.
Image Source: Kier Group
Key Factors That Led to Our Ranking of This As One of the Top Construction Companies
Among building companies, the following are specifics of why the Kier Group is a leader in the construction industry.
Kier Group, one of the world’s top construction companies, describes it’s strategy as being a customer-focused construction business that not only builds but also maintains and renews structures.
They outline a five-year strategy with six priorities. These strategic objectives include:
- Operating a business that’s safe and sustainability
- Building growth to be a top three building construction company in each of their markets
- Achieve maximized efficiency and performance in the top quartile
- Deliver a sector-leading experience for clients and their customers
- Attract and retain the best talent
- Support the business through technology investments and back office systems
Awards and Recognition
Kier, a top construction business in the world, has been a recipient of many awards and industry recognition. Some of the recent ones include:
- Named as one of Britain’s Most Admired Companies
- CR Index Platinum Big Tick Award
- Finalists in the Construction Manager of the Year Awards
- 13 Apple Green Awards for Environmental Best Practices
- Training Initiative of the Year from the Construction News Awards
As with the other top construction companies on this ranking, this company is able to deliver a wide variety of services that make it appealing on an international level. Some of these services include:
- Asset management
- Civil engineering
- Construction management
- Energy management
- Engineering design
- Environmental services
- Facilities management
- Highway services
- Housing and housing maintenance
- Interiors and refurbishment
- Mechanical and electrical
- Property development
- Project investment
- Rail services
- Utilities services
- Waterways services
Conclusion—Top 6 Biggest Construction Companies
The global construction industry is one that’s becoming increasingly technologically driven, and there are changes in how business is done, largely because of new demands such as sustainability.
The above ranking and review of construction company names highlights not only some of the world’s biggest construction companies but also some of the best construction companies.
Each of the construction companies highlighted on the ranking above has some things in common. Some of these commonalities, in addition to size, include the fact that they can offer advanced capabilities, they operate in many countries around the world, and they’re innovative in their approach to the construction industry.
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