The Company’s vision is to maintain its leading position in the construction and the Real Estate development sectors by building on its reputation and resources.

The Company’s main objective is to ensure the right end product, on time and within budget, by the utilisation of advanced and innovative construction methods, effective management of resources and fully competent personnel.

The Company’s Targets and Strategic Pillars are:

1. Growth:

a. Effective participation and leading role in all types of construction Projects, utilizing the Company’s resources and expertise.

b. Effective correlation of quality in construction and project profitability.

c. Effective manpower planning and staffing at all levels including professional, supervising and trade personnel.

2. High Standards of Quality and Workmanship:

a. In accordance to the requirements of the technical specifications, safety, plan and budget of the Project.

b. To secure premium selling prices of the Company’s Real Estate projects.

3. Effectiveness:

a. Use of advanced and innovative design, construction and project management methods.

b. Investment in new plant, equipment and information technology, to ensure technological advances and development.

c. Monitoring quantitative key performance indicators in relation to client satisfaction and operational performance, including the performance of the Company’s suppliers, subcontractors and associates.

d. Maintaining certification of conformity of the Company’s activities with International Standards ISO 9001 (Quality Management), ISO 14001 (Environmental Management) and OHSAS 18001 (Occupational Health and Safety Management), in the general framework of implementation of the Company’s QESH Integrated Management System.

4. Human Resource Management:

a. Attract, recruit, develop, motivate and commit competent personnel at all levels.

b. Targeted training and development of personnel in both technical and soft skills, with particular emphasis on Quality, Environmental and Occupational Health and Safety (QESH).

c. Objective performance evaluation and management of personnel.

5. Client Services:

a. Provide services that consistently satisfy or exceed the Client’s expectations.

b. Respond to Client’s justified claims, provide support and effectively resolve issues in a timely manner.

6. Corporate Image:

a. Monitor and strengthen relations with the Company’s Clients and associates. Promote good relationship with other relevant Parties and Authorities.

b. Strengthen corporate communications.

c. Promote and develop the Company’s corporate image.

7. Joint Ventures/Consortia:

Participate and assume a leading role in Joint Ventures/Consortia for prestigious construction or concession contracts in Cyprus.

By this Policy, Joannou & Paraskevaides Ltd wishes to express its commitment and willingness to provide all necessary resources, as appropriate, for the achievement of the Company’s vision, objectives and targets.