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Overview

Enter envisages most of its work will continue to be in Uzbekistan in the next five years, as the country opens up and investment opportunities grow.

Enter aims to strengthen its market position by executing large-scale projects (e.g., the GTL project) in the oil and gas, chemical and civil construction sectors. In oil and gas, Enter will aim to maintain its already dominant position. In chemicals and civic construction, it will aim to increase its market share.

Enter also aims to enter the power market via construction of overhead lines/gas transmission stations, during oil and gas projects.

Infrastructure is another priority area. Upcoming project opportunities are construction and modernisation of roads/pipelines — financed by international finance institutions. Enter has the scope to participate/the capacity to perform in this area.

Maintain oil and gas market leadership / extend participation in power & chemical sector

Enter is well-placed to achieve this as it has:

  • An established local presence, existing customers, and a reputation for technological expertise.
  • Close relationships with key market players, allowing new projects/opportunities to be identified early.
  • An integrated approach to the construction cycle:
    • From tender to completion.
    • A focus on all relevant parties being involved in the project planning process early (suppliers, specialised workers, sub-contractors).

This leads to good project execution, and increased profitability. It also supports margins, good working capital/liquidity control, and reduced overall risk.

Continue its successful diversification strategy

  • Enter’s diversification strategy (oil & gas industry into chemical/civil construction sectors), has helped maintain margins despite challenging market conditions.
  • Enter will focus on areas where it has competitive advantages such as a leading market position and an established reputation for quality/technical expertise.
  • Enter will aim to enter the power sector — with other leading companies if required:
    • Construction of overhead lines/gas transmission stations during the oil & gas industry projects.
    • Enter will be selective: carefully evaluating/ranking potential new markets — e.g., the need for infrastructure.