Searefico appoints new CEO

Dang has dedicated nearly eight years to Searefico Corporation’s continuous development.

His remarkable accomplishments include the successful restructuring of Searee, following its 2021 merger with Searefico Engineering & Construction (Searefico E&C).

Newly assigned CEO of Searefico, Nguyen Khoa Dang

This merger revitalised Searee, which recovered from the pandemic’s impact, expanded its business into commercial sectors, and strategically moved into industrial warehouse leasing. Notably, the Searee Logistic Centre in Danang was inaugurated in March this year and reached full leasing capacity in August.

This success generated consistent revenue and profits for Searee and Searefico E&C, where Dang serves as CEO, and contributed significantly to Searefico Corp’s overall growth.

In 2023, under Dang’s leadership, Searefico E&C surpassed the VND1 trillion ($41 million) revenue milestone for the first time in its four-year history, positioning the company among Vietnam's top contractors.

Despite a challenging real estate market, Searefico E&C achieved substantial profits, enabling a 5 per cent cash dividend distribution, according to a company statement.

By early 2024, Searefico E&C maintained stability with major M&E contracts, and the board of directors approved a 2 per cent interim cash dividend, reflecting the company’s resilience and value creation for Searefico Corp.

Recognising these achievements, the Board of Directors of Searefico Corp has entrusted Dang with key leadership positions across the group’s system, including CEO of Searefico E&C, and a board member of Searee and Arico, two of its subsidiaries.

As Searefico Corporation approaches its fifth decade, the company is pursuing industrial refrigeration and mechanical and electrical construction,while pursuing its ambition to become a diversified engineering and technology group.

By embracing the holding model, Searefico Corporation is focused on high-tech industries with significant market potential, aspiring to lead in key sectors and foster growth across its subsidiaries.

Searefico focuses on investing in production and technology On March 21, Searefico successfully divested from Thua Thien Hue Construction JSC, receiving billions of VND, focusing on its core businesses and readying itself for steadfast acceleration.

CME Solar and Searefico ink cooperative partnership With a shared commitment to reaching net-zero by 2050, Vietnamese renewable energy company CME Solar JSC has announced a new partnership with Searefico JSC, a leading national brand in engineering and technology, to promote rooftop solar across Vietnam.

Searefico ventures into logistics to welcome wave of FDI In anticipation of rising foreign direct investment inflows into Vietnam, Searefico has ventured into the logistics industry to capitalise on new opportunities.