As part of the World Bank 2017 contracts series, Devex has so far analyzed the key sectors and regions of major contract awardees, as well as the bank’s top 10 consultant contractors. In the third part of the series, we’ll explore the top Chinese contractors of fiscal year 2017.
The World Bank started releasing its major contract awards data in 2014 and since then, China has been the leading country of origin for World Bank contractors, holding the highest total value of contracts at around $35 billion. Chinese contractors also rank third in terms of the number of contracts they received — around 6,500 — after contractors from Vietnam and India.
China’s growing engagement with development has now hit the headlines after it set up a new national aid agency and began to emerge as a leading actor in humanitarian aid. Yet few understand Chinese development funding and how Chinese contractors are involved in doing business with traditional donors such as the World Bank.