HOUSING DEVELOPMENT CORPORATION Investors Presentation
4 Proven project management capability to ensure
timely and on-budget project completion
Proven project management methodology
■ HDC has managed to execute its projects in a reliable and
timely manner, with minimal delays and cost overruns for
projects since inception
■ For smaller scale projects, HDC has an internal
development team which coordinates with local contractors
■ For projects of a larger scale such as the 7,000 social housing
project, HDC relies on external contractors who provide
assurance of quality, and are more willing and flexible to
cater to HDC's needs
Strong project management track record
280 Social
Housing Unit
Project
Completion date:
Dec 2003
Total cost:
USD13.3m
Contractor:
Sino-Thai Engineering
and Construction PCL
Completed on time
with zero cost
variation
Completion date:
Dec 2016
Total cost:
504 Social
HOUSING
DEVELOPMENT
CORPORATION
Completion date:
Dec 2008
Total cost:
USD14.9m
Contractor:
AIMA Construction
Company Pvt. Ltd
Housing Unit Completed on time
Project
with zero cost variation
■ For external projects, HDC takes on a supervisory role and
inspects three key elements - quality, time and cost. The
company has a dedicated team to monitor and ensure that the
technical specifications and timeline are well defined
beforehand in the contract and enforces it during execution
USD67.3m
Contractor:
China National
Machinery Equipment
Import & Export
704 Social
Housing Unit
Project
Corporation
Completed on time
with zero cost variation
Hulhule-
Hulhumalé-
Airport link
road
Completion date:
Oct 2019
Total cost:
USD38.6m
Contractor:
Hunan No. 6
Engineering
Construction Limited
Completed on time
with zero cost variation
HDC has a strong record in completing projects within allocated budgets in a timely manner
Source: Company information.
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