Yunnan Construction Engineering Group to scale a new high
Updated: 2011-08-25 10:49
Yunnan Construction Engineering Group established a business philosophy in recent years to “put profit first” and a complete mechanism on incentive or restraint. This has brought about full fruits to its business idea of "highlighting the major works, cultivating strengths, and developing diversity". Its main business of housing construction has gained strength and has been enhanced; its second business of real estate has seen a strong start, while the another six business sectors, namely, water conservancy and hydropower, public works, roads and bridges, steel structures, commercial ready-mixed concrete and equipment installation have been advancing shoulder to shoulder.
The group’s projects currently under construction are using EPC, BT and other high-end contract models, constantly upgrading from the lower ones. Its specialized areas are expanding from housing construction to road, bridge construction and public works. This has helped with the group’s breakaway from its reliance on construction, contracting and other low-end business patterns. Instead, it has managed to produce progresses by involving itself with the upper business chain, making it possible for the group to catch up with international standards over time. As a leading construction and foreign trade enterprise, the group depends on both domestic and overseas resources. As a result, its competitive advantages are becoming even more obvious.
In the process of exploring overseas markets, the group strives for the opportunities to further implement its regional and international brands strategy, following the trend of the global market. It sticks to domestic development as its core business while braving its way with prospective breakthroughs abroad. The group’s strength in large-scale projects is believed to play a decisive role in opening new markets overseas.