The founder of China Pacific Construction Group (CPCG), China’s largest private construction company, says that CPCG intends to go public in the United States. According to Reuters, CPCG founder Yan Jiehe prefers the regulation and transparency of U.S. markets to a domestic Chinese market listing.

Timetable

Jiehe recently told reporters that he sees a listing on the U.S. markets as a sign of strength and that CPCG will push for a U.S. IPO sometime between 2020 and 2022. Jiehe expects that CPCG will have a market value of around $485 billion by that time.

Major Player

A projected market cap of nearly half a trillion dollars would put CPCG in…

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