Singapore, August 8, 2023 – Chan & Chan Engineering Pte Ltd, a leading Singaporean engineering and construction firm, celebrates its 25th anniversary this year. Founded in 1998, the company has grown from a small family business to a global enterprise with a workforce of over 2,000 employees.
Chan & Chan Engineering provides a wide range of services, including civil engineering, structural engineering, mechanical engineering, electrical engineering, and project management. The company has worked on some of Singapore’s most iconic projects, including the Marina Bay Sands Resort, the Singapore Sports Hub, and the Jewel Changi Airport.
The company’s success is attributed to its commitment to innovation and quality. Chan & Chan Engineering has invested heavily in research and development, and the company has a number of patents for its innovative engineering solutions. The company is also ISO 9001:2015 certified, and it has a strong track record of delivering projects on time and within budget.
Key Statistics
Revenue: S$1.2 billion (2022)
Net income: S$200 million (2022)
Number of employees: 2,000+
Number of projects completed: 5,000+
Growth Strategy
In 2015, Chan & Chan Engineering launched its “2025 Vision” strategic plan. The plan outlines the company’s goals for the next five years, which include:
Growing revenue to S$2 billion by 2025
Expanding the company’s international presence
Becoming a leader in sustainable engineering
Investing in new technologies
Challenges and Opportunities
Despite its success, Chan & Chan Engineering faces a number of challenges, including:
Competition from other global engineering firms
The rising cost of labor and materials
The need to adapt to new technologies
However, the company also sees a number of opportunities for growth, including:
The growing demand for infrastructure development in Asia
The increasing adoption of sustainable engineering practices
The emergence of new technologies
Case Studies
Chan & Chan Engineering has a number of notable projects under its belt, including:
The Marina Bay Sands Resort: This iconic hotel and casino complex was designed and built by Chan & Chan Engineering. The project was completed in 2010, and it has since become one of Singapore’s most popular tourist destinations.
The Singapore Sports Hub: This world-class sports complex was designed and built by Chan & Chan Engineering. The project was completed in 2014, and it has since hosted a number of major sporting events, including the 2015 Southeast Asian Games and the 2016 AFF Championship.
The Jewel Changi Airport: This award-winning airport terminal was designed and built by Chan & Chan Engineering. The project was completed in 2019, and it has since become one of the world’s most popular tourist attractions.
Comparison with Competitors
Chan & Chan Engineering is one of the leading engineering and construction firms in Singapore. The company compares favorably to its competitors in terms of revenue, net income, and number of employees. Chan & Chan Engineering also has a strong track record of delivering projects on time and within budget.
Company
Revenue (S$ million)
Net income (S$ million)
Number of employees
Chan & Chan Engineering
1,200
200
2,000+
[CompanyName A]
1,000
150
1,500+
[CompanyName B]
800
100
1,000+
Common Mistakes to Avoid
There are a number of common mistakes that companies can make when choosing an engineering and construction firm. These mistakes include:
Not doing enough research
Choosing a firm based on price alone
Not considering the firm’s experience and track record
Not getting a clear understanding of the firm’s contract terms
Market Insights
The engineering and construction industry is expected to grow significantly in the coming years. This growth is being driven by a number of factors, including:
The growing demand for infrastructure development in Asia
The increasing adoption of sustainable engineering practices
The emergence of new technologies
Companies that are able to capitalize on these trends will be well-positioned for success in the future.
Thought Leadership
Chan & Chan Engineering is a thought leader in the engineering and construction industry. The company has a number of publications and presentations to its credit, and its executives are frequently invited to speak at industry events.
The company’s thought leadership is focused on the following areas:
Sustainable engineering
New technologies
The future of the engineering and construction industry
Conclusion
Chan & Chan Engineering is a leading Singaporean engineering and construction firm with a long history of success. The company is committed to innovation and quality, and it has a strong track record of delivering projects on time and within budget. Chan & Chan Engineering is well-positioned for continued growth in the coming years, and it is a company that is worth watching.
