Ho Chi Minh City Ferry Bridge Construction JointStock Co

    Ho Chi Minh City Ferry Bridge Construction JointStock Co

    UUPCOM:HFB
    10,000.00
    VND
    +500.00
    (+5.26%)
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    Company Description

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    IPO Date
    Mar 30, 2017
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    Ho Chi Minh City Ferry Bridge Construction JointStock Co (UPCOM: HFB) is a Vietnam-based infrastructure construction, engineering, and public utility maintenance enterprise specializing in transportation networks, maritime facilities, and urban civil works. The company provides a comprehensive suite of products and services organized into several core business areas: transportation infrastructure construction, including the building of highway and roadway bridges, pedestrian overpasses, ferry landing stages, piers, river docks, inland waterway facilities, and marine transport infrastructure; municipal and technical engineering, encompassing stormwater drainage and municipal wastewater piping systems, riverbank embankments, flood mitigation dykes, foundation works, and general civil and industrial construction; infrastructure management, maintenance, and overhaul services, comprising routine maintenance, structural condition assessments, emergency repairs, and operational management of municipal bridge systems, ferry terminals, overpasses, and waterway corridors throughout southern Vietnam; building materials manufacturing, including the production of hot-mix asphalt concrete, precast concrete components, and specialized structural aggregates; and auxiliary commercial operations, consisting of heavy construction machinery rental, specialized marine equipment leasing, and vehicle parking management services. Founded in 1999 as a state-owned enterprise under the Ho Chi Minh City Department of Transport and equitized into a joint-stock corporation in 2016, the company is headquartered in Ho Chi Minh City, Vietnam, with substantial strategic state ownership held by the Ho Chi Minh City State Financial Investment Company (HFIC). In recent developments, the company has expanded its operational scope by securing public procurement tenders for urban road rehabilitation, waterway dredging, and critical flood-control infrastructure projects across the Ho Chi Minh City metropolitan area. The company has also upgraded its specialized marine and heavy construction machinery fleet to enhance project delivery capabilities, streamlined its municipal maintenance service contracts under updated public utility standards, and adapted its operations in accordance with regional urban modernization and state capital governance policies.