CENTRAL | Build Trust, Create Value

What CENTRAL | Build Trust, Create Value does

CENTRAL Construction Joint Stock Company is a Vietnam-headquartered general contractor founded on June 23, 2017, specializing in Design & Build (D&B) and MEPF (Mechanical, Electrical, Plumbing, Fire Protection) delivery for large-scale real estate and infrastructure projects. The company serves tier-1 Vietnamese real estate developers—including Vingroup, Masterise Homes, SonKim Land, Ecopark, BIM Group, and Sun Group—alongside international clients in Cambodia, Taiwan, Israel, and Saudi Arabia, executing more than 160 projects with a disclosed backlog of approximately VND 36,500 billion (~US$1.46 billion).

CENTRAL's underlying technology stack centers on an in-house BIM (Building Information Modeling) Technology Center integrated with an ERP management system that supports project planning, cost control, and multi-site execution. Delivery is anchored by a workforce of roughly 11,550 personnel—1,300 technical and managerial staff supplemented by 10,250 skilled construction workers—enabling concurrent execution of complex high-rise, mixed-use, and infrastructure works such as The Win City (~VND 10,000 billion), Sumou Towers in Saudi Arabia, and the Taipei Twin Towers in Taiwan.

The business model is project-based general contracting with revenue recognized over multi-year construction cycles; go-to-market is relationship-driven with repeat business from a concentrated set of anchor developers and recent diversification into adjacent verticals (social housing with Viglacera; PPP infrastructure via the Dinh Khao Bridge consortium). Brand reputation, recognized through Top 3 Most Reputable Building Contractor rankings in Vietnam (2026) and multiple Hubexo Golden Brand awards, is the primary intangible asset supporting pricing power and customer acquisition in a fragmented market.

Name

CENTRAL | Build Trust, Create Value

Legal name

Công Ty Cổ Phần Xây Dựng CENTRAL

Website

https://centralcons.vn

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

51–100 employees

Short description

CENTRAL Construction Joint Stock Company is a Vietnam-based Design & Build and MEPF general contractor delivering large-scale real estate and infrastructure projects for tier-1 Vietnamese developers and international clients across Cambodia, Taiwan, Israel, and Saudi Arabia.

Ownership category

akta.pro rank

Product category

General Construction Contracting

NAICS

Nonresidential Building Construction (2362), Industrial Building Construction (23621), Heavy and Civil Engineering Construction (237), Other Heavy and Civil Engineering Construction (237990)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Commercial General Contracting (New Build) (IMAFAAAA)

akta.pro secondary industries

Residential General Contracting (New Build) (IMAFAAAB), Public Works General Contracting (IMAFAAAG), Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA)

Keywords

• General construction contracting
• Design and build services
• MEPF installation services
• Commercial building construction
• Infrastructure construction services

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. General Construction Contracting: Revenue generated from providing main contractor services for construction projects including residential towers, commercial buildings, resorts, industrial facilities, and infrastructure. Revenue recognized on project completion basis with significant backlog of 36,500 billion VND from 160 projects.
2. Design & Build (D&B) Services: Integrated design and build contracting services where CENTRAL serves as single-point-of-contact for both design development and construction execution, providing higher margin potential and client convenience.
3. Investment Consortium Participation: Strategic investment participation as consortium member in infrastructure projects under PPP model, generating returns through both construction margins and equity stakes (e.g., Dinh Khao Bridge with total investment of nearly VND 3 trillion).

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

CENTRAL is a Vietnamese general construction contractor providing Design & Build (D&B) and MEPF (Mechanical, Electrical, Plumbing, Fire Protection) services for large-scale residential, resort/hospitality, office, industrial, infrastructure, and healthcare/education projects. The company delivers end-to-end project execution from design through construction completion, supported by in-house BIM Technology Center and ERP management systems. It operates across Vietnam, Cambodia, Taiwan, Israel, and Saudi Arabia with a portfolio of 160+ projects and 36,500 billion VND in backlog.

Product overview

CENTRAL is a Vietnamese construction company offering Design & Build (D&B) and MEPF (Mechanical, Electrical, Plumbing, Fire Protection) general contracting services. The company operates specialized centers for BIM Technology and ERP Management, providing integrated construction solutions across multiple sectors including residential, resort & hospitality, office buildings, industrial & energy, infrastructure, and healthcare & education. Projects range from domestic high-rise developments to international projects in Taiwan, Saudi Arabia, Cambodia, and Israel.

Differentiator

Problem solved

Functional benefit

Products and services

• Design & Build (D&B) Services
• MEPF (Mechanical, Electrical, Plumbing, Fire Protection) Services
• Residential Construction Services
• Resort and Hospitality Construction Services
• Office and Commercial Building Construction Services
• Industrial and Energy Construction Services
• Infrastructure Construction Services
• Healthcare and Education Construction Services

Quantifiable outcome

• 160+ construction projects completed across Vietnam and international markets
• +3 more outcomes

Named customers19 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core, major and supporting.

• Investment Consortium (IDIC 620, Tuan Hien, Bac Trung Nam Infrastructure)coreStrategic or Co-development Partner · 1 December 2025CENTRAL participates as strategic member of Investment Consortium for Dinh Khao Bridge project crossing Co Chien River in Vinh Long province. Total investment of nearly VND 3 trillion under Public-Private Partnership (PPP) model. Project includes 4.3km bridge with four lanes designed for 80 km/h speed.
• Viglacera and Hoang ThanhcoreStrategic or Co-development Partner · 1 December 2025CENTRAL serves as Design & Build contractor and strategic shareholder in consortium for Tien Duong 1 Social Housing project. Partnership combines construction expertise with industry leaders to deliver 3,500+ social housing units as part of government's million-unit social housing strategy.
• Thang Loi Group and An Cuong Wood-Working JSCmajorStrategic or Co-development Partner · 1 October 2025Consortium partnership for The Win City urban development project in Tay Ninh province. Project involves 18 towers, 6,000 units on 13 hectares with contract value of nearly VND 10,000 billion. Partnership leverages complementary construction and finishing capabilities.
• Construction Technology Partners (Shimz, Archetype, Haskoning, Mace, Artelia, Ong & Ong)supportingTechnology or IntegrationRelationships with international and local construction technology firms, engineering consultants, and architectural practices providing specialized expertise, technical oversight, and design collaboration for complex projects.
• HCMC University of Technology - Faculty of Civil EngineeringsupportingStrategic or Co-development PartnerStrategic partnership for internship programs, talent recruitment, and academic collaboration. Company welcomes and trains engineering interns, provides scholarships, and offers direct employment to outstanding graduates.
• Da Nang University of Science and TechnologysupportingStrategic or Co-development PartnerStrategic partnership strengthening cooperation in training, research, and talent development between university and construction company.

Scale indicators9 records

Recent moves11 records

Expansion highlights5 records

Broad incumbents

• Takenaka Corporation: Major Japanese general contractor with global operations in commercial, residential, and infrastructure construction. Comparable in integrated D&B approach and high-rise building expertise.
• Kajima Corporation: Major Japanese general contractor with extensive international operations and skyscraper expertise. Comparable in mega-project execution, international construction, and technology-enabled project delivery.
• Bouygues Construction: Global construction company with operations across commercial, infrastructure, and industrial projects. Comparable in international mega-project execution capabilities and integrated delivery model.
• Shimizu Corporation: Major Japanese general contractor with global operations and listed as CENTRAL's technology/consulting partner. Comparable in integrated D&B delivery, BIM-enabled construction management, and international mega-project execution.
• Mace Group: International construction and consultancy firm listed as a CENTRAL technology partner. Comparable in integrated project delivery, international mega-project execution, and BIM-enabled construction management.

Direct peers

• Hoa Binh Construction Group JSC: Major Vietnamese general contractor with multi-decade track record in commercial, residential, and industrial construction. Directly comparable in serving Vietnamese real estate developers and offering integrated construction services.
• Ricons Construction Investment JSC: Vietnamese general contractor with strong portfolio in commercial and residential high-rise projects. Comparable in serving large Vietnamese developers and operating at similar project scales within Vietnam.
• Coteccons Construction JSC: Largest publicly listed general contractor in Vietnam, operating across commercial, residential, and industrial construction with similar high-rise and mega-project execution capabilities. Directly comparable to CENTRAL in customer base (large Vietnamese developers) and project scale.
• Phuc Hung Holdings JSC: Vietnamese construction and real estate company focused on commercial and residential projects, serving similar developer clients in the Vietnamese market with comparable general contracting capabilities.
• Delta Group: Vietnamese engineering, construction, and infrastructure company with capabilities spanning industrial, commercial, and civil projects. Comparable in breadth of construction services and Vietnamese market presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/central-build-trust-create-value

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CENTRAL | Build Trust, Create Value