The Construction Development Corporation Limited (CDCL) has its genesis in the erstwhile Mechanical Division of the roads department under Ministry of Works and Human Settlement (MoWHS). On July 1, 2006, it was delinked from the ministry to function as a self-sustaining commercial unit. Three years later, on December 7, 2009, CDCL was incorporated under the Companies Act of the Kingdom of Bhutan, 2000. Thereon, it became a full-fledged state-owned enterprise. A major shift in the company came when, after five years of operations as a state-owned enterprise, it joined the many companies under Druk Holding and Investments (DHI) in January 2015 to become a part of the country’s investment arm.
With the change in ownership, CDCL was required to amend its registration and Articles of Incorporation (AoI) under the Companies Act. The company’s board and the management felt the need to review the existing Corporate Strategic Plan (2014-2018) to assess and ensure its conformity to the new AoI. It was then decided that the CSP be redone using the Balanced Scorecard (BSC) method as detailed in the subsequent sections of this document.
To be a reputed construction company that is modern, competitive and dynamic with commitment to quality and innovation.
- Lead the construction industry in Bhutan by setting benchmarks in quality, timeliness and cost efficiency of projects
- Engage in construction of hydropower and infrastructure related projects
- Provide professional services in roads, bridges, buildings and other infrastructure
- Hire, repair and maintain construction machinery and equipment apart from manufacturing ancillary products needed in the construction industry
- Enhance human resource capacity in technical construction skills and competencies through training and collaboration for gainful employment
What a company believes in and the kind of behavior it wishes to reinforce are determined by the core values it draws up earlier on. Values are a moral compass that forms the basis for decision-making and influencing actions in every-day situations.
CDCL believes in what it calls ELITES, an acronym of its core values, which when spelt out, reads as follows:
Excellence: The focus to strive for the highest possible standards while conducting business, in terms of cost effectiveness, quality and timeliness of work.
Leadership: The belief that every employee is a leader and remains focused and motivated at work.
Integrity: The resolve to do the right thing for the company, colleagues and stakeholders even when no one is looking.
Teamwork: The spirit and enthusiasm to work collectively across all levels and partners, building strong relationships based on mutual respect, understanding and cooperation.
Entrepreneurship: The passion for seeking constant improvement and calculated risk taking to capitalise on opportunities that help the company achieve its objectives.
Safety: The belief in the safety of its employees, partners and the public.
Design and Build