The John Holland-CCCC takeover:: Australian Government approval granted despite Holland's 60 years worth of intelligence gathered from past and ongoing Defense contracts

by Ganesh Sahathevan



The 2015 takeover of John Holland Constructions by  China Communications Construction Company  was approved by the Foreign Investment Review Board and the then  Liberal Treasurer Joe Hockey despite JH's more than 60 years experience in providing engineering solutions to the Australian Department Of Defense.

This work included a major subcontract for the Jindalee Over The Horizon Radar system. Work has also been undertaken for other Commonwealth agencies, including Border Force.

In 2011 Holland was  ranked the largest contractor in the Defense facilities sector.These include the  Darwin  Robertson Barracks  project was awarded in 2013; the Darwin Port deal which  was concluded with Landbridge of China at about the same tine gives the Communist Party of China access to almost all US and Australian defense facilities in Northern Australia.

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See Also

Communist Party China owned John Holland's NSW projects, and Malaysia's 1MDB scandal: Berejiklian Govt has ignored 2016 allegations, which have now been presented in court by Malaysia's AG's Chambers prosecutors

AND 

https://twitter.com/geoff_p_wade/status/1042233130629779456

Geoff Wade

@geoff_p_wade

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Sep 19, 2018

Australia: Some background on China Communications Construction Co., the PRC owner of Australian company John Holland 中国交通建设股份有限公司

@SheridanAsia

https://bloomberg.com/news/features/2018-09-19/a-chinese-company-reshaping-the-world-leaves-a-troubled-trail… & http://en.ccccltd.cn & https://johnholland.com.au/our-projects/

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Geoff Wade

@geoff_p_wade

John Holland was one of Australian's major defence contractors. What happened to all those John Holland archival files relating to defence installations and facilities? #auspol https://insideconstruction.com.au/site/news/1029231/usd1b-john-holland-buyout-delayed-defence-contracts… & http://johnholland.com.au/who-we-are/latest-news/soldiers-in-construction/… & https://icn.org.au/news/northern-territory/john-holland-awarded-112-million-defence-building-project…

12:05 PM · Sep 19, 2018·Twitter Web Client

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Retweets

8 April 2015

Foreign investment decision: acquisition of John Holland Group by China Communications Construction Company

Note

This media release annouces the Treasurer, the Hon Joe Hockey, has approved the foreign investment proposal by CCCC International Holding Limited to acquire John Holland Group Pty Limited.

Today I have approved the foreign investment proposal by CCCC International Holding Limited to acquire John Holland Group Pty Limited.

John Holland is one of Australia’s largest engineering and construction companies and employs over 5,600 people in eight countries.

CCCC International is a wholly-owned subsidiary of China Communications Construction Company (CCCC), the fourth-largest construction company in the world by revenue, with a presence in over 80 countries.

The Government welcomes foreign investment where it is not contrary to our national interest. Foreign investment has helped build Australia’s economy and will continue to enhance the wellbeing of Australians by supporting economic growth and prosperity.

I note there have been some media reports about CCCC in relation to a World Bank debarment in 2009. I have sought advice and action on these and other issues in relation to CCCC. As a result, appropriate arrangements have been put in place to mitigate any concerns in relation to this issue and I am satisfied that this investment is not contrary to our national interest.