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Industry | Construction |
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Founded | 1957 |
Founder | Clément Fayat |
Headquarters | Bordeaux, France |
Revenue | 4.1 billion Euro turnover by the FAYAT Group in 2020 |
Number of employees | About 21,505 employees worldwide |
Website | FAYAT GROUP |
The Fayat Group is a French and international construction and industrial company.
It is a family owned firm, founded in 1957 by Clément Fayat, and managed by his sons Jean-Claude Fayat and Laurent Fayat. [1] It is structured in 7 fields of activity :
There are 205 subsidiaries in 120 countries, 21,505 employees, and 2020 revenue of Euro 4.1 billion Fayat is the largest independent construction group in France. [2]
Acquisitions include: Dulevo, [3] Dynapac, [4] BOMAG.
One of Fayat's subsidiaries is working on the controversial Upper Yeywa dam project in Shan State, Myanmar (Burma). The dam is opposed by local residents and will result in displacement and environmental damage. [5]
Daewoo also known as the Daewoo Group, was a major South Korean chaebol and automobile manufacturer.
The Irrawaddy River is the largest river in Myanmar. Originating from the confluence of the N'mai and Mali rivers, it flows from north to south before emptying through the Irrawaddy Delta in the Ayeyarwady Region into the Andaman Sea. Its drainage basin of about 404,000 square kilometres (156,000 sq mi) covers 61% of the land area of Burma, and contains five of its largest cities.
Spie Batignolles is a French construction company based in Neuilly-sur-Seine. The company provides building and infrastructure construction in France, Germany, the United Kingdom, Spain, Portugal and Switzerland.
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Sinohydro is a Chinese state-owned hydropower engineering and construction company. In the 2012 Engineering News-Record Top 225 Global Contractors, a ranking by annual revenue, the company is 14th by overall position, and 6th among Chinese construction companies.
The Tasang Dam, also known as the Mong Ton Dam, is a planned multi-purpose dam on the Salween River in the Shan State, Myanmar. The Tasang dam's location will be 480 km (300 mi) northeast of Rangoon and 52.8 km (32.8 mi) west of Mongtong. If completed, Tasang Dam would be the first dam on the Salween River, the largest hydroelectric dam in Myanmar and the tallest dam in Southeast Asia. The Tasang will cost more than US$6 billion and is planned for completion in 2022. The groundbreaking ceremony was in March 2007, but construction has been stalled, and there has been little activity at the dam site as of 2008.
The Myitsone Dam is a large dam and hydroelectric power development project which was planned to be built in northern Myanmar. The proposed construction site is at the confluence of the Mali and N’mai rivers and the source of the Irawaddy River. As of 2017 the project is suspended, but China has been lobbying to revive the dam.
The Yeywa Hydropower Station, located on the Myitnge River, 52 kilometres (32 mi) southeast of Mandalay city, at Yeywa village in Kyaukse Township, Mandalay Region in central Myanmar, is the country's first roller-compacted concrete (RCC) dam, and the site of a 790-megawatt (1,060,000 hp) hydroelectric power plant, the largest in the country.
There are almost 200 large dams in Myanmar. Myanmar (Burma) has a large hydroelectric power potential of 39,000 megawatts (52,000,000 hp), although the economical exploitable potential is about 37,000 megawatts (50,000,000 hp). Between 1990 and 2002, the country tripled its installed capacity of hydro plants, increasing from 253 megawatts (339,000 hp) to 745 megawatts (999,000 hp). Total installed capacity in 2010 is at least 2,449 megawatts (3,284,000 hp) MW, 6% of potential. Several large dams are planned to increase future hydro utilization.
Bopparder Maschinenbau-Gesellschaft mbH, better known by the acronym BOMAG, is a German company and a global market leader in compaction technology and manufactures soil, asphalt and refuse compaction equipment, as well as stabilizers and recyclers. In 2005 BOMAG was acquired by the Fayat Group and since then also sells asphalt pavers and cold planers under the BOMAG label.
China National Machinery Industry Corporation is a Chinese conglomerate with businesses in tool making, construction equipment, agricultural equipment, and infrastructure construction. In two particular areas of construction engineering, the company is among the top in terms of revenue from international projects. Based on 2013 rankings compiled by the Engineering News-Record, the company is the third largest contractor of power projects and 8th largest contractor of industrial projects.
Jebsen & Jessen Group is a diversified industrial group with operation offices across Southeast Asia and beyond. It is a third generation family-owned enterprise and part of the Jebsen & Jessen Family Enterprise.
Murugappa Group is an Indian conglomerate founded in 1900 by A. M. Murugappa Chettiar. The Group has 29 businesses including 10 companies listed on the NSE and the BSE. Headquartered in Chennai, the major companies of the Group include Carborundum Universal, Cholamandalam Financial Holdings, Cholamandalam Investment and Finance, Cholamandalam MS General Insurance, Coromandel International, EID Parry, Parry Agro Industries, Shanthi Gears, Tube Investments of India, Wendt (India), and CG Power and Industrial Solutions.
Asia World Group is a Burmese conglomerate. It is Myanmar's largest and most diversified conglomerate, with interests in industrial development, construction, transportation, import-export, and a local supermarket chain. About half of Singapore's investment in Myanmar comes from Asia World affiliates.
Dynapac is a Swedish multinational engineering company located in Karlskrona. The company was founded in 1934 and today has subsidiaries in seven countries. Dynapac produces pavers, mobile feeders, rollers and planers. Since October 2017 it is part of the French Fayat Group.
The Lower Paunglaung Dam is a rock-fill embankment dam on the Paunglaung River, about 14 kilometres (8.7 mi) east of Pyinmana in Naypyidaw Union Territory, Myanmar. The primary purpose of the dam is hydroelectric power generation and it had been under study since 1953. Construction began in 1996 and the first generators were commissioned in 2004 and the last in 2005. The cost of the dam and the power station, funded by the Chinese government, was US$201.8 million. The dam's powerhouse is located underground near the toe and spillway. It contains four 70 megawatts (94,000 hp) Francis turbine-generators. The Upper Paunglaung Dam, being constructed upstream, is expected to regulate the river and improve power generation.
The Shweli I Dam is a gravity dam on the Shweli River about 23 kilometres (14 mi) southwest of Namhkam in Shan State, Burma. The primary purpose of the dam is hydroelectric power generation and it supports a 600 megawatts (800,000 hp) power station. Water from the dam's reservoir is diverted through a 5.1 kilometres (3.2 mi) long headrace tunnel to the power station downstream. The drop in elevation affords a hydraulic head of 299 metres (981 ft). Construction on the dam began in 2002 and the river was diverted on 10 December 2006. On 5 September 2008, the first generator was commissioned and the last of the six was commissioned in April 2009. The dam and the power station were constructed under the build–operate–transfer method and cost US$756.2 million. It is owned and operated by the Shweli River-I Power Station Co. The Shweli II and Shweli III Dams are planned downstream.
Mphanda Nkuwa Dam is a proposed hydroelectric dam on the Zambezi River in Mozambique. The dam would be located about 60 kilometres (37 mi) downstream of the existing Cahora Bassa Dam near the city of Tete. Its power station would have a capacity of 1,500 megawatts.
Clément Fayat was a French billionaire entrepreneur, who founded Fayat Group at the age of 25. At his death, his net worth was estimated at US$1.2 billion.
Devi Thant Sin is a Burmese environmentalist, writer, and senior member of the Royal House of Konbaung. She is the leader of the environmental movement in Myanmar and has been called a "green princess". She was seriously opposed to the Myitsone Dam project slated for construction at the confluence of two rivers that gives rise to the Irrawaddy River.