(ĐTCK) Phan Vũ Investment Corporation has been consistently selected as the contractor for concrete pile foundation works in key projects such as Sun Urban City, the port project in Đồng Nai, and the waste-to-energy plant in Ho Chi Minh City.
Specializing in providing foundation solutions and precast concrete components, Phan Vũ Investment Corporation faced a challenging first half of 2024, as the company dealt with difficulties in business operations due to stagnant market growth. However, in the early months of Q3/2024, Phan Vũ announced that it had secured major contracts totaling over 500 billion VND. This will ensure a steady workload for the company and lay the groundwork for revenue and profit generation in the near future, as these projects are implemented.
One of the most notable highlights is that Phan Vũ has earned the trust of the investor, Sun Group, to undertake the concrete pile foundation work for the Sun Urban City in (Phủ Lý, Hà Nam) with a contract value of up to 150 billion VND. This project marks a continued collaboration between Phan Vũ and Sun Group following a series of previous successes, further solidifying Phan Vũ's position in providing high-quality foundation solutions for large-scale urban projects.
In southern Vietnam, Phan Vũ also achieved a significant victory by winning the bid for phase 2 of a port project in Đồng Nai, securing a contract to supply prestressed concrete piles with a value of nearly 200 billion VND. In the earlier phase 1 of this project, Phan Vũ had successfully supplied concrete piles and I-beams worth over 150 billion VND. This is a clear demonstration of Phan Vũ's capability to ensure product supply with both high quality and timely delivery, meeting the stringent demands of major port projects.
Alongside infrastructure and urban development projects, Phan Vũ has also made notable achievements in the renewable energy sector. Specifically, the company won the bid for the concrete pile foundation work for the waste-to-energy plant project in Ho Chi Minh City - a critical project in the green energy sector, with an estimated value of over 100 billion VND. This is an important milestone, affirming Phan Vũ's experience and capability in participating in renewable energy projects, contributing to Vietnam’s sustainable development. The strong advancements at the start of Q3/2024 have not only helped Phan Vũ overcome immediate challenges but also provided a solid foundation for the company to rise even higher.
Source: Securities Investment Magazine - Đầu tư Chứng khoán