Tuesday, April 23,2024 - 22:38 GMT+7  Việt Nam EngLish 

IDICO: Affirming leading position in construction industry 

 Tuesday, October 9,2018

AsemconnectVietnam - Since its inception, Vietnam Urban and Industrial Zone Development Investment Corporation (IDICO) has quickly affirmed its leading position in investment and construction of industrial zone infrastructure, transport and hydropower. The company has advanced its solid progress to the vast sea and strongly integrated with regional and international markets. In the upcoming years, the IDICO leadership and all the staff will be determined to uphold its solidarity, initiative, creativity and efforts to fulfil all tasks and positively contribute to the cause of national industrialisation and modernisation.

Before the current economic challenges, enterprises need to have appropriate innovations to survive and develop. Promoting core competences and sustainable business strategies will be a solid step for them to go forth in the coming time. Particularly, they need an environment where production and business operations are favourable and competition is healthy and fair for all.
IDICO will continue to carry out its corporate restructuring plan. The company will focus more resources on enhancing the quality of human resources, applying science and technology to production and business in order to improve labour productivity, raise quality and reduce product costs. The concern will concentrate on raising its competence of market approach and expand domestic and international markets, particularly new potential ones; establish connection systems; and build, review and monitor business costs to reduce unnecessary spending in order to lower product prices.
In recent years, IDICO has invested in important projects such as Srok Phu Mieng, DakMi 4A, DakMi 4B, DakMi 4C and DakMi 3 hydropower plants; industrial parks in Dong Nai, Ba Ria - Vung Tau, Vinh Phuc and Bac Ninh provinces like Nhon Trach 1 and Nhon Trach 5 industrial parks (Dong Nai), My Xuan A and Phu My II industrial parks (Ba Ria - Vung Tau) and Que Vo II Industrial Park (Bac Ninh); important transport works like National Road 1 (An Suong - An Lac section), National Road 51, National Road 2 - Noi Bai - Vinh Yen; and housing projects like social housing project in Nhon Trach Industrial Park and Tan Phu IDICO high-rise apartment block.
In the coming time, IDICO will continue to make investments for its core businesses like industrial park, hydropower plant, housing and transport infrastructure. Specifically, in industrial zone development, IDICO will seek investors to develop modern industrial zones to meet the demand of investors. The corporation will also focus on promoting investment and development for clean and environment-friendly projects, including worker accommodations in industrial zones invested and operated by IDICO.
In addition to the above investment solutions to catch the new investment wave, IDICO is eager to receive support from authorities of all levels and investors to build modern, environment-friendly industrial parks. With the Prime Minister’s spirit of supporting entrepreneurship, IDICO hopes that the Government will further improve investor support mechanisms and policies, create a more favourable climate and simplify administrative procedures to better serve new requirements in the process of economic integration and development.
N.Nga
Source: idico.com.vn

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