Company Profile

Development History

Kedge Construction Co., Ltd. belongs to the Kindom Group. Founded in 1982, Kedge has so far lived for 43 years. Kedge is a Class-A excellent construction company, listed on Taipei Exchange (“TPEx”) in 1998 and later on the Taiwan Stock Exchange Corporation (“TWSE”) in 2000. Kedge concentrates on diverse construction projects concerning social and civic infrastructures such as transportation, technological plants, hospitals, housing, civil sport centers, and so on. We adopt the professional knowledge of turnkey construction, building, and operation to carry out constructions throughout Taiwan.

Our professional employees create outstanding value for customers, shareholders, and the company. Through the combination of innovation and unique construction capabilities with engineering expertise, we enhance the company’s profitability, ensure continuous profit growth, and improve customer satisfaction. We listen to the expectations of stakeholders including customers, business partners, shareholders, and employees. To achieve the vision of sustainable management, we actively undertake responsibilities in economic, environmental, and social dimensions.

Business and Scale

Kedge Construction has achieved revenue exceeding NT$10 billion for four consecutive years, with a market share of approximately 0.3%-0.5% in the construction engineering industry. In 2024, revenue reached NT$14.234 billion, with overall operations remaining stable.

Kedge’s core business is comprehensive construction, undertaking diverse engineering projects as follows:

Market Analysis

According to statistics from the Construction and Planning Agency under the Ministry of the Interior, as of the fourth quarter of 2024, the total number of construction companies at all levels nationwide reached 19,963, with Class A construction companies accounting for 3,305, indicating that overall market supply maintains stable growth momentum. Compared to 2023, the nationwide number of construction companies increased by 165, and Class A comprehensive construction companies also increased by 74, reflecting the continuous expansion of the construction industry structure and the simultaneous enhancement of professional and large-scale project undertaking capabilities.

On the demand side, the government’s overall public construction budget scale in 2024 approached NT$780 billion, continuously promoting various large-scale infrastructure construction projects, including multiple important projects that have been completed or entered commercial operation phases. The government also strengthens rural construction and regional balanced development through the Forward-looking Infrastructure Development Program 2.0, and actively invests in infrastructure construction required for six core strategic industries including 5G, digital development, artificial intelligence, and information security, promoting digital transformation, environmental sustainability, and enhancing national resilience, further expanding the future growth space of the construction industry.

Kedge’s Competitiveness

Future risk analysis of value chain and industry chain

The civil engineering industry pertains to the construction industry. The main sources of its business opportunities rely on contracted price fluctuations – such aspects all influence the construction costs of the civil engineering industry. The development of the upstream
construction projects from various owners such as the governmental public construction, private construction companies, and public industries is also deeply affected by the economic condition in the civil and private agencies. Upstream industries include building materials, foundation works, structural engineering, mechanical and electrical engineering industry. The two are closely related. engineering, and interior design, engineering design.

Participating in associations

Kedge Construction actively participates in professional associations to promote the development of the associations, enhance the service quality in this industry with other companies in this industry, and contribute to the dissemination of industry knowledge.

In 2024, Kedge took part in 15 associations to which we sponsored in various ways, such as placing advertisements, paying membership fee, and financially supporting events, to help with their operation. The total amount was NT$ 349,364.

In 2024, Kedge joined academic associations and guilds as both institutional and individual member, including: National Taiwan University Alliance for Promoting Upgrading of Taiwan Construction Industry, Taiwan Society of Civil and Hydraulic Engineering, Taiwan Society of Human Settlements, Taiwan Professional Engineering Consultants Association, Chinese Value Management Association, Concrete Society, Taiwan Rail Economic Development Association, Taiwan Circular Economy Society, Taiwan Aluminum Alloy System Formwork Construction Association, Post-Tensioned Prestressed Society, Taipei Construction Industry Association, Construction Management Association Forum, Taiwan Engineering Law Society, and others.

International Initiatives

Kedge actively participates in events on the environment and human rights, putting together entities in different fields to form a positive circular community to facilitate a sustainable planet through mutual exchanges.

  • Greenhouse Gas Reduction Initiative: In 2022, the Board of Directors approved the significant target of achieving Net Zero emissions by 2050, and in June 2023, formally submitted the commitment for a net zero emissions plan to SBTi; in March 2024, successfully passed the “Science Based Targets initiative (SBTi)” review, committing to achieve a 42% reduction in Scope 1 and Scope 2 greenhouse gas emissions and a 25% reduction in Scope 3 greenhouse gas emissions by 2030.
  • Universal Declaration of Human Rights: We support and respect internationally recognized beliefs in human rights and enhance our employees’ awareness of human rights. With the regular and occasional dissemination of such concepts and policy formulation, we form a consensus and ensure that our daily operations are in alignment with business ethics. We treat employees fairly and with respect and insist on equal pay for equal work, regardless of gender, race, age, group, and religion, and provide employees with grievance channels.
  • Response to TNFD: While the construction industry endeavors to minimize environmental impact during development and construction, it inevitably causes certain degrees of impact on biological habitats. To demonstrate its commitment to biodiversity conservation, Kedge Construction became one of the first companies to successfully match with the “Natural Carbon Sink and Biodiversity Project” under the Forestry and Nature Conservation Agency of the Ministry of Agriculture, breaking away from traditional corporate adoption models and taking concrete steps to practice corporate ESG goals through environmental ecological conservation, community participation, and promoting local economic development.