- CEO
- Trung Chinh Dang
- Full Time Employees
- 1,069
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Dec 10, 2019
- Business
- IDICO Corporation - JSC engages in the investment, development, construction, and operation of industrial parks, energy infrastructure, transportation networks, and commercial real estate in Vietnam. Founded in 2000 and headquartered in Ho Chi Minh City, Vietnam, the company operates across five core business segments: Industrial Real Estate, Power Generation and Distribution, Transport Infrastructure, Residential Real Estate, and Construction and Engineering. The company offers a comprehensive portfolio of products and services, including industrial land subleasing with fully integrated utility infrastructure; standard ready-built factories (RBF) and ready-built warehouses (RBW) tailored for light industry, electronics, and logistics tenants; customized built-to-suit industrial facilities; industrial park management services encompassing industrial wastewater treatment, raw and potable water supply, hazardous and solid waste management, telecommunications hookups, and on-site facility maintenance; electric power generation and utility distribution services, including the operation of run-of-river and reservoir hydroelectric power plants such as Dak Mi 3, Dak Mi 4, and Srok Phu Mieng, as well as the management of dedicated 110kV substations, medium-voltage power distribution grids, and commercial rooftop solar installations; transport infrastructure asset management, consisting of build-operate-transfer (BOT) roadway concessions, toll collection services, and highway maintenance, notably the National Highway 1A An Suong-An Lac corridor; residential and urban township development comprising commercial residential housing, affordable social housing, worker dormitories, and commercial service centers supporting industrial zones; and general contracting, civil engineering, industrial construction, structural fabrication, concrete product manufacturing, and project management advisory services. IDICO Corporation - JSC serves domestic and multinational manufacturing corporations, logistics operators, commercial enterprises, and municipal utility off-takers across key industrial corridors in Southern and Northern Vietnam, including Ba Ria-Vung Tau, Dong Nai, Long An, Tien Giang, Bac Ninh, and Thai Binh provinces. In recent developments, the company has accelerated its strategic expansion into high-specification ready-built factory and warehouse assets across its Huu Thanh and Cau Nghin industrial parks to accommodate rising foreign direct investment in high-tech and semiconductor supply chains. The corporation secured government investment approval and commenced initial site development for the 470-hectare Tan Phuoc 1 Industrial Park in Tien Giang Province, substantially growing its industrial land bank in the Mekong Delta region. Additionally, IDICO has established strategic partnerships with clean energy providers to roll out on-site rooftop solar photovoltaic systems across tenant facilities, implemented advanced water recycling systems to meet international environmental, social, and governance (ESG) standards for green industrial parks, and advanced corporate restructuring initiatives to optimize capital allocation toward core industrial land development and high-margin utility distribution operations.