CTCI: Record High of Nearly NT$500 Billion in Projects Under Construction, Boosted by AI Infrastructure and Energy Transition

(Central News Agency, Taipei, Reporter Pan Chih-yi, 14th) Turnkey engineering firm CTCI Corporation stated at an investor conference today that as of early May this year, CTCI's new contract value has reached nearly NT$75 billion, pushing the total value of projects under construction to nearly the NT$500 billion mark, once again setting a new record for the group's history.

CTCI stated that under the dual waves of explosive demand for AI computing power and the global energy transition, it has successfully transformed its turnkey capabilities into high-value-added technology engineering revenue.

CTCI pointed out that AI infrastructure and energy transition are the current growth drivers. Benefiting from the expansion of the global AI industry, the structure of its project acquisitions is undergoing a key qualitative change. In the new contract cases for the first four months of this year, the proportion of high-tech engineering has risen sharply to 41%, showing that it has precisely positioned itself to capitalize on the dividends from infrastructure such as AI data centers, semiconductors, and high-performance computing.

CTCI emphasized that it recently secured a factory construction project for a major American memory manufacturer in Singapore by leveraging its turnkey capabilities, proving its top-tier strength to undertake overseas projects for global tech giants and becoming a hidden infrastructure giant in the AI supply chain.

To seize the opportunities for overseas factory construction brought by supply chain restructuring, CTCI stated that it is actively building a 'Technology Engineering Strategic Alliance.' In addition to bringing in Delta Electronics, USI Group, and Taya Group as strategic partners through private placement to achieve complementary smart energy technologies, it has also become a key member of the global development team for the TEEMA Science Park overseas project promoted by Hon Hai and the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA), targeting the development of overseas industrial clusters in places like the United States, Mexico, Poland, and India. With the Ministry of Economic Affairs recently announcing in Washington D.C. its support for Taiwanese manufacturers to invest in the US, it is expected to generate business opportunities of up to US$35 billion.

In response to the rigid demand from the AI industry for stable electricity and green power, CTCI pointed out that it has directly benefited from the upgrading of the power system. Leveraging its number one market share in Taiwan's gas-fired power plants and liquefied natural gas (LNG) receiving terminals, it will further integrate wind power, energy storage, and smart grid solutions to address the most critical pain point for AI development: stable, low-carbon electricity. (Editor: Lin Chia-hsien) 1150514