EMC Public Company Limited ("EMC") is making a comeback, showcasing a backlog of 3 billion baht and signaling plans to bid for government and private sector projects totaling 10 billion baht. The company is also teaming up with Chinese partners to invest in projects within the Eastern Economic Corridor (EEC), aiming to secure at least 5 billion baht worth of contracts. CFO "Ratchachai Pichayapoom" is focused on achieving a 30% revenue growth in 2022, seeking opportunities to expand into new business sectors to build on existing operations.

Mr. Ratchachai Pichayapoom, Chief Financial Officer of EMC Public Company Limited, stated that the company continues to pursue growth in both revenue and profit as the overall economy begins to recover, positively impacting investments from both the public and private sectors. The company aims for a 30% increase in revenue from construction contracts in 2022 compared to the previous year. Recently, EMC has secured ongoing engineering and electrical system installation projects, resulting in a current backlog of over 3 billion baht, which will be gradually recognized and delivered until 2023. Highlight projects include the construction of a demonstration school building at Chulalongkorn University and ongoing projects for a hospital and a semiconductor factory, all of which are part of publicly listed companies.

Meanwhile, the company is actively negotiating partnerships with large foreign firms to invest and work on projects in the Eastern Economic Corridor (EEC). There are still numerous construction projects in the EEC, including high-speed rail construction, Phase 3 of Map Ta Phut Port, Phase 3 of Laem Chabang Port, and U-Tapao Airport, with an estimated investment of around 100 billion baht in 2022 and an expected 200 billion baht in 2023, contributing to a total investment of over 600 billion baht. EMC hopes to secure at least 5 billion baht in contracts within the EEC.

The Chief Financial Officer further added that the company is actively bidding for new projects and awaiting announcements for ongoing work in both the public and private sectors, with a total value of approximately 10 billion baht. This includes a new phase of semiconductor factory construction valued at around 500 million baht, which is expected to be awarded this year. Additionally, there are mixed-use construction projects, which combine residential and commercial spaces, valued at approximately 1.2 billion baht on Rama 9 Road, a hospital construction project with 150-300 beds valued at around 300 million baht, a 19-story residential building for medical personnel valued at approximately 550 million baht, and a 40,000 square meter warehouse construction project for a major beverage company valued at around 550 million baht. There is also a project for a 12-story government residential building with 5 buildings and parking space, totaling 110,000 square meters, valued at approximately 2.265 billion baht. Winning these bids would increase the current backlog value to over 10 billion baht.

The company is committed to expanding into the construction and real estate industries and is exploring business strategies to maximize benefits for the company and its shareholders. It has signed an MOU with a leading real estate investment firm to study the potential for joint real estate development projects in depth. If successful, this will serve as another avenue for business expansion and increased revenue from new channels. Therefore, EMC will aggressively pursue business strategies to create added value and ensure stable and sustainable growth in the future.