China International Water & Electric Corporation (abbreviated CWE), is a wholly-owned subsidiary of China Three Gorges Corporation (CTG). It is the first state-owned enterprise of the Chinese hydropower industry to take part in international economic cooperation initiatives. The present company name was adopted in 1983. Nevertheless, its history dates back to over half a century when it was a foreign aid unit under the Ministry of Water Conservancy and Electric Power of P. R. China.
Nowadays, CWE has been acknowledged as a famous brand in the fields of international contracting and small-to-medium hydropower investment. Many projects undertaken or developed by CWE have become world-renowned water and hydropower constructions, among which there are dams symbolizing friendships between nations, hydropower stations hailed local “Three Gorges” in project-host countries, and large-scale hydraulic complexes considered beacons of international cooperation.
Having undertaken projects in over 70 countries and regions in Asia, Africa, Europe, and America and ran business units in 31 countries and regions, CWE has made prominent achievements in its main business of water and hydropower as well as acquired a rich experience in terms of other infrastructure projects (including transmission and transformation, roads and bridges, port dredging, etc.). Over the past decade, CWE has successfully completed the Merowe Dam Project in the Sudan, the Kaleta Hydroelectric Project in Guinea, the Nam Lik 1-2 Hydropower Station and the Nam Ngiep 2 Hydropower Station in Laos, the Kozjak Hydroelectric Project in Macedonia, the Moinak Hydropower Project in Kazakhstan, the Dam Complex of Upper Atbara Project in the Sudan, the Canar and Naranjal Flood Control Projects in Ecuador, the Draa Diss and Mahouane Barrage Projects in Algeria, the Berrechid-Ben Ahmed Expressway Project in Morocco, the Wacha-Maji Road Upgrading Project in Ethiopia, the Rural Electrification Project in Ghana, as well as many other hydropower and infrastructure projects.
In 2016, its business enjoyed a steady growth. The Upper Madi Hydropower Station in Nepal was put into operation. Meanwhile, other outstanding endeavors, such as the Souapiti Hydroelectric Project in Guinea and the Isimba Hydropower Project in Uganda, were also brought to fruition.
CWE holds Grade I General Contracting Qualifications for Water and Hydropower Projects, an International Contracting Permit, an Import and Export Permit, as well as an AAA credit rating. It has been certified in management systems of quality, occupational health and safety as well as environment, and possesses a contractor’s license of the highest level among all engineering categories in Hong Kong. It has been ranked an ENR TOP 250 International Contractor for 27 consecutive years, and an ENR TOP 225 International Design Firm for 16 consecutive years.
In the future, by adhering to the idea of healthy sustainable development, CWE is to build itself into an international clean energy construction and investment company. It aims to integrate “Investment – Construction – Management - Operation”, assume social responsibilities, focus on localization, promote the economic development of project-host countries, benefit local peoples, and create a harmonious and eco-friendly world with projects of outstanding quality and effective measures for environmental protection.