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Quoc Cuong Gia Lai JSC (QCG) was established in 1994 as a wood processor. In 2008, it ventured into real estate development and now derives c90% of revenue and profit from residential projects in Tier 1 cities. The group also has interests in hydropower and rubber plantations, which will start contributing c10% of profits by 2013. QCG’s main catalyst is the Phuoc kien high-end waterfront development, which will support 1.1mn sqm of development potential until 2015. Company was listed in August 2011 at VND48,000/share.
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