SEAREFICO unveils core development strategy for future

SEAREFICO unveils core development strategy for future

SEAREFICO Joint Stock Corporation (SRF) has announced a strategic focus on industrial, logistics, automation and green energy projects, where it sees stronger competitive advantages and higher profit margins.

A rendering of the Searee Industrial Building (SIB) of SEAREFICO Joint Stock Corporation in Hoà Khánh Industrial Zone, Đà Nẵng, scheduled to commence operations in the second quarter of this year. — Photo courtesy of the firm

The strategy is one of the engineering and technology firm’s three operational priorities for 2026.

Alongside this focus, SEAREFICO aims to strengthen its position as an engineering, procurement and construction (EPC) and engineering, procurement, construction and financing (EPCF) contractor, offering turnkey solutions. The company also plans to invest aggressively in projects of long-term strategic value under its board-approved transformation roadmap.

These strategic priorities are geared towards achieving the business goals outlined in the 2026 business plan, with targets set at VNĐ2.3 trillion (US$87 million) in new contract bookings, VNĐ1.6 trillion ($61 million) in revenue, VNĐ48 billion ($1.8 million) in consolidated earnings before tax, and VNĐ39 billion ($1.5 million) in consolidated earnings after tax.

Ahead of its annual general shareholders meeting on May 29, the company said its board would prioritise selective growth, rigorous risk management and cash flow optimisation instead of pursuing revenue growth at all costs.

For the 2026-30 period, the company plans to complete its transition to a “Pure Holding” governance structure, separating ownership from executive management to improve transparency and accountability.

Regarding infrastructure, Searefico will prioritise expanding the Searee Industrial Building (SIB) in Hoà Khánh Industrial Zone, Đà Nẵng, which is expected to commence operations by the end of the second quarter this year, while researching potential industrial real estate investments for the next cycle. 

Bizhub