Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Engineering & Construction

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.

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Aecon Group Inc > Old BNN Article

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Comment by Gabrielon Dec 11, 2023 10:52pm

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Post# 35779222

RE:RE:RE:RE:Old BNN Article

The bid to buy Aecon was blocked because it was a Chinese government-owned enterprise which was also involved in corruption in many countries.

As you are peobably aware, Chinese state owned enterprises and their subsidiaries cannot bid on most US government funded or partially funded construction contracts to avoid unfair competition with the private sector.

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