Navigating Challenges for a New Beginning

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Michael Yang, Chairman of CTCI Corporation

The global engineering industry is at a critical turning point. Amid shifting geopolitics, the restructuring of global supply chains, and the technological revolution driven by artificial intelligence, CTCI Group clearly recognizes that only by understanding the changing trends and responding proactively can challenges be transformed into engines of growth.

Looking back on 2025, thanks to the collective efforts of all employees, CTCI not only maintained its position as Taiwan’s No. 1 and a Top 100 global engineering contractor, but also continued to leap in terms of competitiveness on the international stage. The Group’s consolidated revenue reached NT$91.83 billion, remaining historical highs in recent years. Both new contracts and backlog hit record levels, reaching NT$181.29 billion and NT$450.35 billion, respectively, laying a solid foundation for revenue growth in the years ahead.

CTCI also advanced to No. 53 in Engineering News-Record’s ranking of Top 250 International Contractors. It continued to rank first among engineering contractors in CommonWealth Magazine’s Top 2,000 Taiwanese Service Enterprises survey, and was recognized by CRIF Taiwan as a large corporate group with five consecutive years of net sales growth. Below, I would like to share how CTCI is leveraging its “Most Reliable” engineering, procurement, and construction (EPC) services to seize ESG/AI opportunities and create new growth momentum.

Advancing ESG Through Green Engineering

On the path toward net-zero emissions by 2050, CTCI is committed to sustainability through its core engineering business. Through three pillars of green engineering—green technologies, green contracting, and green investment—CTCI Group is actively fulfilling its ESG vision as a “Guardian of Sustainable Earth” and injecting strong momentum into long-term operational growth.

In terms of green technologies, CTCI continues to invest heavily in innovation and R&D, having developed more than 200 practical carbon emissions-reduction solutions to date. Over the past three years, ESG achievements include saving 1.57 billion kWh of electricity, 110 million tons of water, and reducing 20.5 million tons of CO₂ emissions. In addition, CTCI is actively adopting advanced technologies such as carbon capture, utilization, and storage (CCUS), and has successfully participated in CCUS facility projects at science parks and CPC Corporation’s Tiezhenshan site, thereby maintaining its technological leadership and competitive edge in ESG-related fields.

In terms of green contracting, leveraging its strong turnkey EPC capabilities, CTCI collaborates closely with clients to deliver environmentally friendly, low-carbon projects. From 2015 to October 2025, the value of green and low-carbon projects within CTCI’s backlog increased by 753%. Notable recent projects include Tung Hsiao, Ta Lin, and Kuo Kuang gas-fired power plants; LNG receiving terminals such as FPCC LNG Terminal and Kaohsiung Intercontinental LNG Terminal; and water resource facilities including the Hsinchu Seawater Desalination Plant and Zhongli Water Resource Center. These excellent projects have become key drivers of CTCI Group’s revenue growth.

In terms of green investment, through sound preparations, CTCI not only advances net-zero initiatives but also establishes stable, long-term revenue streams, achieving a win–win outcome for both corporate profit and the environment. As of the end of 2025, cumulative investments via BOT and BOO models exceeded NT$45.4 billion. Notable projects include the Green Energy Sustainable Circulation Center in Chiayi City and the Southern Taiwan Science Park Water Reclamation Plant. In the solar power sector, CTCI has invested in and developed 165 MW of capacity and currently operates and maintains 485 MW.

Looking ahead, CTCI will continue to leverage its cross-disciplinary and cross-regional green engineering capabilities to expand global ESG opportunities. These include new and expanded gas-fired power plants, metro and light rail systems in Taiwan; liquid-to-chemicals projects and value-upgrading petrochemical opportunities in the Middle East, the United States, and Southeast Asia; as well as seawater desalination and water reclamation plants worldwide. CTCI is also actively advancing into emerging fields such as hydrogen infrastructure and blue hydrogen applications, contributing to global sustainability efforts.

AI-Driven Innovation Powering High-Tech Expansion

To deliver superior services to clients worldwide, CTCI has actively sought digital transformation and technological innovation, integrating AI and smart technologies into engineering practices to enhance project execution. One key example is the in-house developed CTCI Digital Twin, which enables real-time collaboration between physical and virtual plants through cyber-physical integration. The solution is now entering a critical phase of deployment on the client side and, combined with CTCI’s proven EPC track record, will offer an end-to-end digital solution spanning construction through operations. At the same time, CTCI is developing the “CTCI AI Smart Platform,” creating an engineering-savvy AI copilot to comprehensively improve design efficiency and quality.

In recent years, the localization of semiconductor manufacturing and the rapid growth of AI infrastructure demand have driven strong expansion across the high-tech sector and its supply chain. With extensive experience in intelligent EPC (iEPC) services, CTCI has delivered landmark projects across Taiwan, China, the US, Southeast Asia, and India. These include semiconductor fabs in the U.S. and electronics assembly plants in India, which were built for Taiwanese companies; data centers in Taiwan that was built for leading foreign companies; and a lithium-ion battery plant in Taiwan which was built for a local company. More recently, CTCI collaborated with Foxconn on the TEEMA Science Park overseas development initiative, which further demonstrates CTCI Group’s diversified strategic planning and its growth potential in advanced technology facility market.

Going forward, CTCI will further strengthen AI applications across projects and continue expanding into high-tech sectors such as DRAM, automotive electronics, and AI computing centers, leveraging its progressive construction capabilities and deep technical expertise to create greater value for clients.

United Efforts to Build a Reliable Global Team

Over the years, CTCI has earned widespread recognition. Its achievements are the result of the dedication and hard work of more than 8,000 employees worldwide. The Group has been included in the Dow Jones Best-in-Class Emerging Markets Index for 10 consecutive years, ranked among the top 1% globally in the S&P Global’s Sustainability Yearbook for three consecutive years, and selected for three consecutive years as one of the Best Taiwan Global Brands by the Industrial Development Administration under Ministry of Economic Affairs—the only engineering company in Taiwan to receive this distinction. In 2025, CTCI’s brand value increased by 21% to US$143 million.

CTCI firmly believes that there should be no limits to excellence. While earning external recognition, the Group remains committed to strengthening its overall competitiveness. Through CTCI University, an employee learning platform, the Group provides systematic learning programs to accelerate the development of diverse international talent. On the other hand, risk management is regarded as the cornerstone of sustainable operations, and it is supported by a rigorous project control mechanism called “gate review.”  Comprehensive management for information security and intellectual property also further enhance organizational resilience and long-term growth.

In the face of rapidly changing trends and challenges, all CTCI staff will remain united and navigate them, striving to become the “most reliable global engineering services provider.” Working together with clients and partners worldwide, CTCI looks forward to creating new opportunities and shaping a new future.