Report
EUR 114.00 For Business Accounts Only

CTI - Growth catalysts come one after another

​“Cuong Thuan Investment Development IDICO JSC specializes in infrastructure construction in Southeastern Vietnam and Dong Nai province. The firm’s vision to become a BOT project developer is first executed following the success of BOT Vo Nguyen Giap project in 2014. CTI has also been actively acquiring stone quarries in Dong Nai to secure this resources supply in the future. In short and medium term, CTI’s earnings growth would be driven by strong performance from current and new BOT projects thrown in one after another. Stably improved stream of toll cash flow would allay concerns on CTI’s high leverage.

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Viet Dragon Securities
Viet Dragon Securities

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