Bamboo Capital enthusiastic on greenfield ventures

October 30, 2021 | 09:00
Privately-held Bamboo Capital Group – honoured as one of the 500 largest enterprises in Vietnam for several consecutive years – is consolidating its strong position through deploying a raft of renewable energy projects and eco-friendly real estate, making growing contributions to Vietnam’s sustainable development goals.
King Crown Infinity from BCG Land features environmentally-friendly materials and sustainable design
King Crown Infinity from BCG Land features environmentally-friendly materials and sustainable design

Envisioning renewable energy as the energy source for the globe in the future as non-renewable fossil fuel sources grow increasingly depleted, the group (BCG) founded BCG Energy in 2017 to research and develop green energy projects across Vietnam.

BCG Energy now possesses a rich investment portfolio of energy projects, ranging from solar farms to rooftop and floating solar power projects. The company plans to scale up research and development of wind energy and liquefied natural gas projects.

The company is set to grow into a leading renewable energy developer in Vietnam, with power generation capacity reaching 1.5GW by 2023. To this end, BCG Energy has recently worked with Singapore Power Group to install 500MW rooftop solar energy at industrial zones and production facilities across Vietnam.

Bamboo Capital Group is working on a raft of renewable energy projects
Bamboo Capital Group is working on a raft of renewable energy projects

Meanwhile, in the real estate field, BCG Land is increasingly asserting its position as a top-end real estate developer. The company’s most prominent projects include Casa Marina and Casa Marina Premium in the central province of Binh Dinh, Malibu Hoi An, and Hoi An D’or in the central province of Quang Nam.

BCG Land has highlighted the use of clean energy at its projects and by using environmentally-friendly building materials. Its resort properties must assure harmonious design with respect to natural landscapes, in which the use of traditional materials with distinct local culture is set as a top priority.

In construction and infrastructure, Tradodi – a member of BCG – has been developing by leaps and bounds. In the first three quarters this year, Tracodi raked in $12.2 million in after-tax profits – five times more compared to one year ago, reaching its full-year profit target.

Nguyen Hoang, another member company under BCG, operates in agriculture and production and is preparing to go on bourse later this year. The company has carved out a spot among the top performers in the production of high-end wooden furniture for interiors and exteriors, with a good reputation in demanding markets like the United States, the EU, and Australia.

In finances and insurance, BCG Financial is weighing considering maiden ventures. Despite its fresh presence, BCG Financial is expected to reach positive results as its key executives boast a wealth of experience in the financial field.

By Phong Lan

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