Fitch Ratings has affirmed the credit ratings of 15 Asia-Pacific (APAC) engineering and construction companies following updates to its Corporate Rating Criteria and Sector Navigators. The ratings and outlooks remain unchanged, underscoring sector resilience and stable credit fundamentals despite evolving global economic conditions and regulatory frameworks.
Fitch Ratings announced on February 11, 2026, that it has affirmed the ratings of 15 engineering and construction companies across the Asia-Pacific region. The move follows Fitch’s recent update to its Corporate Rating Criteria and Sector Navigators, released on January 9, 2026.
Despite the methodological changes, the ratings and outlooks of these companies remain unaffected, reflecting the sector’s strong fundamentals and ability to withstand global volatility. Fitch emphasized that the affirmed ratings highlight the balance sheet strength and operational resilience of APAC engineering and construction firms.
Key Highlights
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Affirmation Scope: Ratings of 15 APAC engineering and construction companies affirmed.
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Criteria Update: Based on Fitch’s revised Corporate Rating Criteria and Sector Navigators.
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Outlook: No changes to ratings or outlooks, indicating sector stability.
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Resilience: Companies continue to demonstrate strong credit fundamentals despite global uncertainties.
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Sector Impact: Reinforces confidence in APAC’s infrastructure and construction industry.
This affirmation signals Fitch’s confidence in the long-term stability of the APAC engineering and construction sector, even amid evolving global economic and regulatory landscapes.
Sources: Fitch Ratings Official Release (Feb 11, 2026)