Christiani & Nielsen (Thai) Plc (CNT) is a listed construction company operating in Thailand for 82 years, with more than 1,500 projects. Managing director Khushroo Kali Wadia discusses the company’s strategy and outlook.
What is CNT’s business model?
We are a pure construction company offering a wide range of services including the design and construction of buildings, civil engineering projects, the design, fabrication and erection of steel structures and finally mechanical and electrical installations. We expect our backlog will show 10 billion baht as of the end of 2013.
Does CNT plan to expand its offerings?
Our goal is to expand towards higher-level projects and more design and build services, as generally within the local industry we see each client has his own consultants providing designs and specifications, which may not be tailored to the client or the specific location where the client’s project is located. This may lead to a disconnect between the designer and the construction firm, as the designer works in isolation and issues may arise during the construction phase. And while these issues can be resolved, time is lost and costs increase. Thus, what we would like to offer in the near future is the ability for a customer to approach us with his land and say, for example, that the client wants to build a factory. Then CNT makes the design based upon the requirements, ensures the right specifications are specified, that the right standard of materials are used and then hands over a completed project to the client within the time required. This makes sense, because as a construction company we’re able fully to control the process from design to completion and pass on our industry knowledge to our clients. Continue reading Construction firm building a better future