Overseas Chinese contractors surf big wave of new projects

As revenues swell, many companies seek to expand foreign business to use skills in untapped markets

Chinese overseas contractors are actively seeking new customers in markets they previously had less involvement with, including Europe and Latin America, as total revenues surged by 17.6 percent in 2013 compared with a year ago, a national trade organization said on Thursday.

Chinese contractors gained more than $137 billion in revenue throughout last year, according to China International Contractors Association, the largest industry organization in the country.