On the morning of March 29th, 2024, Central Construction Joint Stock Company held the Partner Conference 2024 with the theme “Build Trust, Creat Value”. On this occasion, the Central Board of Directors shared with nearly 130 partners about the company’s strategy, cooperation spirit as well as development orientation in 2024 and the following years.
As a reputable General Contractor, being trusted from clients and partners, Mr. Tran Quang Tuan, CEO of Central shared: In 2020 and the peak of 2021, when the COVID-19 pandemic spread out, all businesses and the whole economy were seriously affected. The top priority of the Company is to keep stable, Central has handed over projects, and kept good relationships with Clients, Partners to continually accompany the Company, overcome difficulties. In 2022 & 2023, Central revenue and profit still remained at a high level, with a 5-year compound growth rate in revenue of 64% and the compound growth rate in profit of 225%. 2023 is a pivotal year for a comprehensive restructuring of the company’s apparatus, streamlining the apparatus, from processes and regulations. Especially, the Company decided to implementing a “1-Touch” policy to accelerate all operational processes of the Company more and more efficiently, and the payment process with the determination of specific personal responsibilities.
At the conference, representatives of the Board of Directors of the Company shared about the production and business situation in the past year as well as development plans and orientations in the following years. Emphasizing the core values of the Company, Central always upholds Integrity and Transparency throughout the process of working with Partners. This is the foundation for a sustainable cooperation relationship of the parties.
In addition, Central Board of Directors has spent most of the time sharing and discussing openly with partners about the current market situation of the construction industry, about difficulties in the cooperation process to have a solution and long-term companionship. The economic recession, raw material price storm, bond crisis are great challenges for businesses, especially seriously affecting the real estate and construction industries, leading to scarce sources of jobs and stiffer competition.
Therefore, the companionship of partners on building effective solutions, improving construction quality as well as optimizing costs will be a premise to help improve competitiveness and chances of winning projects. Along with that, Central Board of Directors would like to express its deep gratitude to the Partners who have always trusted and accompanied Central to overcome challenges, work together towards common goals and long-term sustainable development. At the conference, Central thanked the contributions of outstanding partners.
Right after the conference program ended, the partners attended an intimate party in the green campus at Tan Cang Convention.
Once again, thank you for your companionship!
