Vassallo Builders CEO Jonathan Buttigieg believes every year is a challenge for different reasons. However, 2022 was ‘something special’. “This year we resumed normal operations after coming out of the pandemic, only to be faced with rising costs and shortages of resources. Seeing how our team came together to overcome these difficulties, which enabled us to achieve our targets, is by far the greatest reward,” he says.
Reflecting on the construction company’s challenges and rewards of the past year, Jonathan says the successes of the company lay squarely on the passion, hard work and dedication of its employees – each and every one of them. During the past year, a large part of Jonathan’s focus was preparing the company’s strategy for the next five years. This involved consultations with the senior management team, board members, shareholders, and external consultants. A framework is now
in place with several key objectives fully aligned with everyone’s views and the strategy ready to be implemented.
2023 will see the completion of two of the largest single projects ever carried out by Vassallo Builders – the 45,000 square metre Vassallo Business Park and the 62,000 square metre Campus Hub. At the same time, the company will be ramping up works at the Mediterranean College of Sports and starting new projects, such as a mixed-use development in Buggibba called Aqua, which was formerly known as the International Hotel. Next year will also see further investment in the scaffolding, rebar, plant, joinery, steel, and prefabricated building sections.
Jonathan stresses that the most important reason for the construction company’s successes over the years can be attributed to its team. “Our team is composed of a variety of people with different skills and abilities, all coming together to act as one. Each member plays a role, just like every ingredient in a recipe. From managers who began their career as masons or technicians, to university graduates, local and from abroad. Together these motivated people continuously strive to perform and deliver projects within the time, budget and quality as required.” Vassallo Builders has always been the vehicle which propelled the growth of Vassallo Group, be it the construction of residential and commercial developments, or care homes and hotels.
“This shall continue over the next five years and will also see the Group addressing issues such as decarbonisation and energy efficiency in operations. Furthermore, and in line with one of our mission statements, we shall continue offering every opportunity to our team, be it training to obtain their skill cards, or sponsorship programmes for higher education.”