CENTRAL PARTNERSHIP CONFERENCE 2024

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.

The atmosphere of the Central Partnership Conference 2024

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.

 Mr. Tran Quang Tuan – CEO of Central shared

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.

Ms. Vo Gia Dong Lan – Director of Commercial Division summarized Central’s business situation and strategic orientation in 2024 and the coming years

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.

Photos of dialogue between Central Board of Directors and Partners

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.

Honoring Outstanding Partners

Right after the conference program ended, the partners attended an intimate party in the green campus at Tan Cang Convention.

The Central Board of Directors toasted the success of the conference.

Once again, thank you for your companionship!

CENTRAL WELCOMES IFORCE JAPAN

On February 23rd, 2024, Central Construction Joint Stock Company welcomes the International Organization for Human Resource Development and Innovation (iForce) Japan to visit the office in Ho Chi Minh City.

On the side of iForce:

  • Mr. Shuhei Nishimoto – Director of iForce
  • Mr. Hitochi Mihara – Dr. Eng. – Institute of Technologists
  • Ms. Sasaki – Dr. – Project Researcher – The University of Tokyo

On the side of Central:

  • Mr. Mai Chanh Thanh – Executive Director
  • Mr. Tran Minh Thi – Associate Professor, PhD/Head of D&B Department
  • Ms. Cao Thi Diem Chau – Head of Human Resources Department

iForce is the operator of a platform that connects employers with experienced candidates who are well-trained in Japan through support from the Japan International Cooperation Agency (JICA). During this working trip, the Faculty of Civil Engineering of Ho Chi Minh City University of Technology played an important role in introducing and connecting; In parallel, creating a supply-demand relationship in recruitment between the two sides. Through exchanging and understanding the operating model of iForce, the parties expressed gratitude for this valuable opportunity to meet and exchange; At the same time, the two sides look forward to future cooperation.

Central’s Board of Directors and iForce took photos
View of the meeting and exchange between the parties
Japanese delegation from the International Organization for Human Resource Cultivation and Encouragement (iForce)

Innovative Organization for Human Resource Cultivation and Encouragement (iForce) aims to promote economic development of developing countries, promotion of international mutual understanding and the sound development of society and industry in Japan, thereby widely contributing to public benefit.

Japan International Cooperation Agency (JICA) is an implementing agency of Japanese official development aid (ODA) for the purpose of supporting the socioeconomic development, recovery or economic stability of developing regions.

CENTRAL RANKED IN THE TOP 3 MOST FAVORITE EMPLOYERS IN THE CONSTRUCTION INDUSTRY

On the evening of February 23rd, 2024, the Holistic Excellence Ceremony for the most favorite employers of 2023 – Employer of Choice 2023 was held. At the ceremony, Central Construction Joint Stock Company was honored:

  • 3rd place in Top Construction – Building Materials
  • 27th place in the Top 50 Most Favourite Employers 2023 – Medium-sized Enterprises.

The event was organized by CareerViet Solutions Joint Stock Company (CareerBuilder Vietnam) – the largest employment and recruitment network in Vietnam in collaboration with the market research company Amco Vietnam and the participation of more than 310 businesses. In more than a month, the survey has attracted more than 62,000 respondents nationwide of different ages and industries, of which nearly 40,000 respondents have completed the survey and voted for themselves the Most Favorite Employer in 2023.

Central representative received the Top 50 Most Favourite Employers 2023 – Medium-sized Enterprises. (Photo: Internet source)

In addition to the consistent efforts to maintain the brand and achieve impressive revenue each year, Central’s Board of Directors always puts full attention on creating a stable & happy working environment for the team.

At present, Central’s personnel, consisting of 900 employees, are carefully selected engineers and architects from prestigious universities with rich experience, expertise, and enthusiasm. Central always focuses on efforts in team development, with various training programs at different levels actively promoted to help employees change their mindset & perception to develop themselves. Therefore, “Human Resources are the core value of the business” is the guideline for the company’s sustainable development journey.

The Employer of Choice 2023 is conducted in addition to analyzing and giving objective assessments of factors affecting job seekers, employees or benefits that employees are interested in. It is also an important reference source in the field of human resource management for businesses in Vietnam. In particular, this year the award officially marks the 10-year milestone for the 2023 Favorite Employer Voting Program.

CENTRAL HELD GIAP THIN SPRING OPENING CEREMONY 2024

On the morning of February 15th 2024, Central held a Spring Opening Ceremony with the participation of the Board of Directors, Departments employees and representatives of projects in Ho Chi Minh City.

View of the Spring Opening Ceremony at Ho Chi Minh City Office
Hanoi Representative Office and Projects organize the Spring Opening Ceremony

CEO Tran Quang Tuan at the ceremony shared: “On the occasion of Spring Giap Thin 2024, I wish all Central employees and your families a safe and prosperous New Year. I wish the Projects/Departments successfully complete the 2024 plan; and achieve more marks in the new year, contributing and spreading many sustainable values to society.”

In addition, representatives of Department/Project Managers sent meaningful Tet wishes to all Central employees to bring exciting and positive energy at the beginning of the new year.

CEO Tran Quang Tuan sends Happy New Year wishes to Employees
Representatives of all levels of Management send Tet greetings
Central Board of Directors awarded lucky money to employees
Employees receive lucky money on the Spring Opening Ceremony

Right after the Spring Opening Ceremony, the Central team immediately started working to create momentum for the work results in 2024.

IMPRINT OF CENTRAL GENERAL CONTRACTOR IN THE SEGMENT OF HIGH-QUALITY OFFICE BUILDINGS

The challenges during the construction of Etown 6 Building, the first Grade A+ office in Ho Chi Minh City with a unique architectural design according to LEED Platinum green standards (USA), further have affirmed the capacity of Central General Contractor in the high-quality office building segment in Vietnam.

Etown 6 located at 364 Cong Hoa Street (Tan Binh District, Ho Chi Minh City) is the newest and most modern office building in the chain of ‘Etown’ office buildings invested by REE Corp. Central Construction Joint Stock Company is the General Contractor to build the following items:  basement, body structure, landscape infrastructure, internal roads and finishing works. The project has a depth equivalent to 7 standard basements of a typical office building and 16 floors with a CFA of nearly 80,000 m2.

Perspective of Etown 6 – Grade A + office building with LEED Platinum certificate constructed by Central. Photo: REE Corp.

Etown 6 is also a rare project that holds many records in Central’s construction that other contractors have not had the opportunity to achieve. This is a commercial residential project with a basement depth of up to 27.1m and is the office building with the deepest basement in Vietnam today. The height of each basement is raised to create ventilation, save energy when operating, but also the problem of “exceeding normal standards” that Central staff must implement, from this special adjustment.

In addition, the capping beam system is up to 3.5 meters high, serving as a transfer beam carrying the load of the entire perimeter column system; or a complex post-tensioned floor system with cable lengths extending over 90m is another record in the construction of the project. However, with experience in the construction of many high-rise projects, especially the construction of deep basements with large-sized shifting beams, and special floor beams, along with the standard, methodical planning process and the smooth coordination of the parties, up to now, Central General Construction Contractor has completed all special structural construction items of the project, thereby affirming its outstanding construction quality and capacity.

The highlight of the building – A double-height floor area of 30m is the challenge that Central successfully conquered. Photo: REE Corp.

A double-height floor area of 30m with inclined columns at 70 degrees and a pond at level 8. The construction of the double-height floor structure and inclined columns posed a significant challenge for Central. in calculating technical measures for convenience, safety and quality assurance.

“With more than 1 million hours of safe construction, the Etown 6 project is in the process of reaching the finish line to put into operation from Q1/2024 on schedule. Along with the methodical investment in measures, technology and the consensus of a team of skilled and experienced engineers and architects from the challenges of “overcoming difficulties”, Central confidently affirms its construction capacity through outstanding works in design, especially in construction,  in the journey of creating sustainable buildings.” – according to the representative of the Central General Construction Contractor Management Board shared.

Central representative also said that this is the second project this enterprise has cooperated with REE Corp. Previously, Etown 5 office building finished as committed with outstanding construction quality in 2019, creating high trust of the investor for Central in this next project.

Central’s construction records: tunnel depth 27.1m; 3.5m high capping beam; 30m high atrium area with 70-degree oblique column system and dragon cooperation on the 8th floor; Complex prestressed floor with cable length up to more than 90m. Photo: Central.

According to the recent announcement of the Investor, Etown 6 building has simultaneously achieved 3 green building certificates according to international standards: “LEED Platinum” from the US Green Building Council; “EDGE” from the International Finance Corporation (IFC), a member of the World Bank, aims to ensure design optimization to minimize energy consumption during operation, and “Fitwel, Healthy Building” according to standards created by the US Centers for Disease Control and Prevention (CDC) and the Services Administration U.S. Synthesis.

In particular, LEED is a comprehensive green building certification system, widely recognized worldwide and a “brand” standard for office real estate. Not only evaluating green and environmentally friendly spaces, LEED’s criteria system also considers surrounding traffic utilities, resource and energy efficiency, or environmental air quality inside the building. Based on those criteria, each project will be scored and considered according to 4 levels, the most rigorous is LEED Platinum.

Conquering difficult projects, especially high-quality “green buildings”, Central General Construction has made a bold mark on the Vietnamese construction market, not only in the segment of high-quality office buildings, but also in the field of commercial civil construction,  industry and infrastructure. Affirming the capacity through works, the Central brand is a guarantee of sustainable construction works at the same time, with progress along with outstanding quality.

Link: https://cafef.vn/dau-an-tong-thau-xay-dung-central-trong-phan-khuc-cao-oc-van-phong-chat-luong-cao-188240205110912579.chn

CENTRAL COMMENCED TTC OFFICE BUILDING C BUSINESS INCUBATOR

On the morning of January 24th, 2024, Central Construction Joint Stock Company in collaboration with the Investor Tan Thuan Corporation (TTC) organized the Groundbreaking Ceremony of TTC Office Building C Business Incubator at Lot D1, Tan Thuan Export Processing Zone, District 7, Ho Chi Minh City.

Attending the groundbreaking ceremony was the presence of the Parties:

On the side of the Investor:

  • Mr. Tsao Chung Hung – General Director
  • Mr. Nguyen Tan Phong – Deputy General Director
  • Mr. Feng Tie Shan – Deputy General Director

On the side of Supervision & Design Consultant:

  • Mr. Nguyen Minh Dam – Head of Planning Department – Saigon Construction Inspection Joint Stock Company (SCQC)
  • Ms. Thai Anh Ngoc – Design Manager – Sino – Pacific Construction Consultancy Company (SPCC)

On the side of Central

  • Mr. Vu Duc Tai – Executive Director
  • Mr. Pham Minh Bao – Project Director
  • Mr. Do Tran Duy Vinh – Project Manager

Together with representatives from construction units, subcontractors and employees of the Parties.

The Board of Directors of the Parties took photos at the Groundbreaking Ceremony

PROJECT INFORMATION:

Project name:TTC Office Building C Business Incubator
Total land area:2,672m2
Location:Lot D1, Tan Thuan Export Processing Zone, Tan Thuan Street, Tan Thuan Dong Ward,
District 7, HCMC
Scale:1 basement & 20 floors
Investor:Tan Thuan Corporation (TTC)
Supervision consultant:Saigon Construction Inspection Joint Stock Company (SCQC)
The perspective of TTC Office Building C Business Incubator

TTC Office Building C Business Incubator is a continuation of the success after the Investor put into operation the 2 buildings A & B. This is a place to provide office space for businesses operating in software, design, commercial and new enterprises. TTC invests the project to build with a modern and luxurious design and a full range of attached facilities such as server rooms, meeting rooms, training rooms, etc. In particular, the first floor of the building has banks, coffee shops, canteens, …

Also, the construction architecture of the Office Building Business Incubator is located in a spacious green area, a close space which is harmonious with nature. This not only brings green to the entire office, but also helps employees working here can relax and concentrate better at work.

Central is honored to be trusted by the Investor to award the project bid as the General Contractor. With experience in constructing office building projects such as: Daikin Office, UOA Office, The Metropole, Etown 5 & Etown 6 Office, C.P Office, Phat Dat Office, … Central’s PMB is confident to start the construction of the project, ensuring the calculations to transport materials in the inner city as well as proposing optimal technical measures to ensure the safety of the project.

TTC Office Building C Business Incubator will become an ideal destination for investors and extend the list of modern office projects Central has been implementing in recent years.

The campus of TTC Office Building C Business Incubator
The Board of Directors took photo with the PMB at the ceremony