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The
company's Middle East entity, headquartered in the United Arab
Emirates, operates in six Gulf Arab states and Iraq. It has sent
teams to Syria in the past.
It is interested in pipeline projects in Iraq having previously
won groundworks and civil engineering contracts.
"We are paying more attention to the oilfields because that is
the core business of Iraq," China State Engineering Corp Middle
East Chief Executive Yu Tao told Reuters
"I think we should be able to sign at least one contract a
year."
China's state construction giant is also looking at major
infrastructure projects in Iraq as part of the country's efforts
to rebuild after years of conflict.
However, the company is unlikely to get involved in projects
outside Iraq's oil industry until there is an improvement in
safety, Yu said.
The company wants to take part in large projects in Saudi Arabia
and Oman such as road infrastructure, and was looking at whether
it could partner with Omani companies to enter that market.
"Hopefully we will have a breakthrough this year," Yu said.
The bulk of China State Engineering Corp Middle East's work is
in the UAE and Kuwait. Other entities work in other parts of the
region like North Africa.
Yu also said he believes that foreign construction companies
would enter Syria within the next five years to start rebuilding
the country, though the situation remains unclear at present.
"It is just a matter of time," he said.
(Removes extraneous word 'largely' in penultimate graph)
(Reporting by Alexander Cornwell; Editing by Elaine Hardcastle)
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