| Since the proposal of the Belt and Road Initiative in 2013,more and more Chinese engineering companies have gone abroad.In the stage of the international contracting market that was originally dominated by centrally-owned construction companies,more and more provincial construction companies have also appeared.Chinese enterprises mainly contract single construction contracts and EPC contracts overseas.Most of the competition is concentrated in the construction of the infrastructure industry.Due to increased labor costs,currency exchange losses,rising material prices,and maliciously lowering price competition,the competition of Chinese domestic companies in the overseas project contracting market has become increasingly fierce,and project profits have been further eroded.However,for some companies that have been engaged in engineering contracting business overseas for a long time,they have begun to lay out the upstream and downstream of the infrastructure industry chain,and provide the whole industry chain system service and full life cycle to the owners in an integrated model of investment +build + operation to improve the competitiveness and profitability of enterprises.This thesis analyzes the international engineering contracting market development trend,analyzes the characteristics international engineering contracting market,high-end engineering projects,investment promoted mainstream,and operation and maintenance oriented.This thesis also organizes the China Civil Engineering Construction Corporation(CCECC)’s investment-build-operation projects,summarize the framework and main characteristics of its investment,construction and operation integration project,and analyze it through two dimensions of project component elements and business model elements sorting out the problems,such as insufficient investment and financing,weak core capabilities,weak operation and maintenance capabilities,low realization of value propositions,underperforming value network,and passive value maintenance,in the process of project development,and put forward supporting measures on strengthening core competence training,broadening enterprise financing channels,complementing the operation and maintenance shortcomings,improving the company’s organizational structure,and developing in synergy with the brother companies.By analyzing the feasibility and enlightenment of CCECC’s investment,construction and operation integrated mode project,and corresponding recommendations for it,on the one hand,it will help the company to further optimize its value proposition,broaden its value network,and better maintain and realize the value of the integrated mode investment,construction and operation;on the other hand,the Chinese engineering contracting and construction companies represented by CCECC have similar development paths and similar development models in the process of overseas development.Through the exploration of CCECC’s overseas investment,construction and operation integration projects can provide reference for the improvement of performance and development of overseas business of Chinese foreign engineering contracting companies,thereby promoting Chinese engineering contracting companies to explore new modes of foreign engineering contracting in overseas infrastructure projects,and help them to transform from a single construction company to investors and operators which will also bring the Chinese standards,technology,capital,equipment,and talents going global.. |