Keeping pace with the wave of public investment and the sustainable PPP trend, Construction Corporation No. 1 – JSC (CC1) is accelerating its transformation with a dual strategy: general contractor – investor.

Leveraging its track record in key national projects, along with a solid financial and technological foundation, CC1 aims to expand its construction market share, affirm its position as a leading contractor in Vietnam, and gradually expand into the international arena.

At the 2025 Annual General Meeting of Shareholders, the company set a target of consolidated net revenue of VND 12,889 billion – a growth of 271% compared to 2024.

Leverage the wave of public investment and PPP projects in the transportation and energy sectors.

During the period 2025–2027, public investment will continue to be a driving force for breakthrough economic growth, especially in the infrastructure construction sector. This is also a key leverage point that opens up a "golden" opportunity for CC1 to accelerate its expansion of the construction market share and affirm its position as a leading general contractor in Vietnam.

With outstanding construction capabilities and a reputation built over more than 45 years of development, CC1 continuously leverages its experience from a series of exemplary projects: Tan Son Nhat T3 terminal, Long Thanh International Airport, the North-South expressways, Metro Line 1 (Ben Thanh - Suoi Tien), Na Duong II Thermal Power Plant, Quang Trach 1 Thermal Power Plant, Thu Thiem Bridge, Tien Giang Provincial General Hospital, Long Son Refinery and Petrochemical Plant, Package 4 - National Highway 5 upgrade project in Cambodia…

Leveraging this solid foundation, CC1 aims to become one of the leading contractors consistently chosen for key infrastructure projects in the coming period, especially those with complex technical requirements and stringent deadlines. Leading the ranking of "Top 10 Reputable Infrastructure and Industrial Construction Contractors in 2025" published by Vietnam Report at the end of March 2025 further affirms the company's position. In-depth surveys from experts, businesses, and partners once again clearly confirm CC1's superior position. Accordingly, CC1 received the highest level of trust from evaluation forms, demonstrating the company's reputation in constructing large-scale infrastructure projects with complex technical requirements and strict deadlines.

Alongside its role as a general contractor, CC1 is gradually asserting its role as an investor through infrastructure and industrial projects under the PPP model and real estate business. The company actively participates in BOT and BT projects in transportation infrastructure and industrial parks, while also developing commercial real estate projects. Notable examples include the Hanh Phuc residential area (Ho Chi Minh City), where CC1 has invested in development, and Lake View (Dong Nai), a promising project currently undergoing investment procedures. These long-term investment assets are expected to create a positive impact on business results, especially as the real estate market gradually recovers.

This is clear evidence of CC1's ability to adapt flexibly to the demands of the market, investors, and government agencies.

In the context of public investment playing a leading role, PPPs becoming a sustainable development trend, and the real estate market on the path to recovery, CC1's "dual" strategy of general contractor - investor is seen as a well-planned approach, creating a foundation for long-term growth and establishing a solid brand position within Vietnam's infrastructure construction ecosystem.

CC1 strengthens its internal capabilities, ready to take the lead in a series of national mega-projects.

Without concealing its grand ambitions, CC1 is gradually "building up its muscles" to be ready to participate in upcoming national mega-projects such as the North-South Expressway Phase 2, the expansion of Tan Son Nhat and Long Thanh airports, urban railway systems in Hanoi and Ho Chi Minh City, high-speed rail, energy projects such as thermal power plants, nuclear power plants, wastewater treatment plants, and waste-to-energy projects…

Technically, CC1 proactively embraces advanced technology in the field of high-speed transportation infrastructure. The company has sent a team of engineers to Japan and France to study welded rail technology, high-speed signaling systems, and construction methods suitable for complex terrain conditions.

Specifically in the metro sector, CC1 has participated in the construction of underground stations and the production and supply of sleepers for Metro Line 1 (Ben Thanh – Suoi Tien). Based on this practical experience, CC1 is currently developing a roadmap to acquire and master key technologies such as TBM (Tunnel Boring Machine), tunnel boring techniques in urban areas, and the installation of underground rail systems, gradually enhancing its capacity to act as a general contractor in future metro projects.

In particular, CC1 proactively approached the nuclear power sector early on, building a solid professional foundation despite it being a new industry in Vietnam. With experience in constructing many large thermal power plants nationwide such as Phu My, Mong Duong 2, Nghi Son 1 and 2, Vinh Tan 4, BOT Van Phong 1, Na Duong II, etc., CC1 has a clear advantage when transitioning to the nuclear power sector, which requires complex technical, safety, and management expertise.

Most recently, CC1 had the honor of participating in a consortium with two international contractors, Mitsubishi Corporation (Japan) and Hyundai Engineering & Construction (Korea), winning the EPC contract worth up to VND 30 trillion for the Quang Trach 1 Thermal Power Plant project (Quang Binh, with a capacity of 1,200 MW).

Simultaneously, CC1 continues to focus on training and attracting high-quality human resources for the nuclear power sector. The company has sent staff to countries with advanced technology such as Russia and South Korea for specialized training, and has also invited international experts who have participated in major projects such as metro lines 1 and 2 in Ho Chi Minh City, along with nuclear power engineers trained abroad, to serve as technical consultants.

In mega-projects, the challenge lies not only in technical aspects but also in financial capacity and the quality of a high-level workforce. CC1 is implementing a dual strategy: strengthening its financial capabilities by reducing debt, increasing equity, collaborating with new investors, and accessing preferential credit sources; and developing a highly skilled and experienced team comprising international experts, seasoned engineers, and a young generation proficient in foreign languages and technology.

"Taking further steps towards greater heights" in international integration.

Not limiting itself to national borders, CC1 is gradually expanding its "construction map" into the regional market – a strategic move to realize its vision of becoming a leading construction investment group in Vietnam and a professional international contractor.

Over the next three years, the company aims to export construction services to neighboring countries such as Laos and Cambodia, where the rapid development of infrastructure is creating an ideal environment for companies with strong general contracting capabilities, experience in implementing large-scale projects, and flexible construction skills.

Alongside expanding its overseas market, CC1 is also strengthening international cooperation within the domestic market, viewing this as a crucial leverage to elevate its operational standards. The company has established strategic partnerships with many reputable general contractors such as Taisei and Shimizu (Japan), the NJPT consortium, and contractors from South Korea, China, and Europe, among others. These partners are not only collaborative but also serve as "technological bridges," helping the company access advanced construction techniques and management methods, gradually approaching international standards.

With a strategic vision, CC1 has been implementing a Digital Transformation program since 2022, aiming to complete a comprehensive digital ecosystem by 2027. When systems such as ERP, BIM, and project management operate synchronously, CC1 will reduce costs, shorten timelines, and enhance productivity and competitiveness. Digital transformation is the "boost" that will help CC1 accelerate its growth with superior quality and optimized costs, which is key to increasing both revenue and profit.

-According to the online Economic and Securities Magazine