- CEO
- Quang Xuan Nguyen
- Full Time Employees
- 484
- Sector
- Transportation
- Industry
- Other transportation
- Address
- Bien Hoa Vietnam
- IPO Date
- Mar 19, 2010
- Business
- Cuong Thuan IDICO Investment Joint Stock Company is a Vietnam-based infrastructure development, construction contracting, building materials manufacturing, and real estate enterprise. Founded in 2000 and headquartered in Bien Hoa City, Dong Nai Province, Vietnam, the company operates primarily across southern Vietnam, organizing its business into infrastructure concession investments, building materials mining and manufacturing, transportation and civil construction contracting, and industrial and residential property development.
The company offers a diversified portfolio of products and services, comprising: infrastructure concession operations, including the investment, maintenance, and toll collection management of Build-Operate-Transfer (BOT) transport infrastructure projects such as the National Highway 1A Bien Hoa bypass; construction aggregates and building materials, encompassing the quarrying, crushing, and distribution of construction stone, gravel, and sand sourced from regional quarries including the Thien Tan and Tan Cang extraction sites; concrete and prefabricated components, including hot-mix asphalt concrete, commercial ready-mix concrete, precast reinforced concrete drainage pipes, centrifugal concrete poles, and interlocking pavement tiles; civil and transportation construction services, delivering engineering, procurement, and construction contracting for highways, bridges, urban drainage systems, industrial zones, and irrigation works; industrial and residential real estate, involving the development, infrastructure construction, leasing, and management of industrial parks and clusters, including the Tan An Industrial Cluster, alongside social housing and residential urban developments; and auxiliary commercial services, including construction machinery leasing, automotive maintenance and inspection services, and environmental engineering.
In recent developments, Cuong Thuan IDICO has undertaken strategic operational expansions to support large-scale transport infrastructure initiatives across southern Vietnam. The company has expanded its stone quarrying production capacity and distribution networks to serve as a primary aggregate supplier for major regional projects, including the Long Thanh International Airport construction, the Bien Hoa - Vung Tau Expressway, and Ho Chi Minh City Ring Road 3. Concurrently, the company has advanced the development and leasing phases of the Tan An Industrial Cluster to meet growing manufacturing and logistics demand in Dong Nai Province. To optimize capital allocation, the company has executed financial restructuring across its BOT transport assets and phased out non-core activities to direct investment into core quarrying, asphalt concrete production, and industrial property development.