IDICO Investment Construction Oil and Natural Gas JSC
UUPCOM:ICN24,800.00
VND
-200.00
(-0.80%)
IDICO Investment Construction Oil and Natural Gas JSC
UPCOM:ICN
(Unlisted Public Company Market)
Recent
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24,800.00
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ROIC.AI
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- Business
- IDICO Investment Construction Oil and Natural Gas JSC (IDICO-CONAC) is a Vietnam-based company primarily engaged in industrial park infrastructure development, real estate investment, civil and industrial construction contracting, and utility operations. The company operates through five principal business segments: Industrial Park Development and Management, Real Estate and Urban Infrastructure, Construction Contracting, Construction Materials, and Utility Services. Its core offerings include the development, leasing, and operational management of industrial zones, notably the My Xuan B1 - CONAC Industrial Park; real estate development comprising residential housing projects, commercial buildings, urban resettlement areas, and hospitality properties; general construction contracting for civil, industrial, technical, transportation, and oil and gas auxiliary infrastructure; manufacturing and trading of building materials, including ready-mix concrete, quarry aggregates, and precast concrete structures; and utility services, including clean water treatment and distribution, industrial wastewater management, and electricity network operations for industrial park tenants. Headquartered in Vung Tau City, Ba Ria - Vung Tau Province, Vietnam, IDICO Investment Construction Oil and Natural Gas JSC was established in 1979 as a specialized construction unit for the oil and gas industry before transforming into a joint stock company affiliated with IDICO Corporation (IDC). The company primarily serves domestic and multinational industrial manufacturers, commercial enterprises, and public sector infrastructure authorities across southern Vietnam, with key operational concentrations in Ba Ria - Vung Tau, Dong Nai, and Ho Chi Minh City. In recent developments, the company has expanded its industrial and commercial real estate portfolio through phase expansions of its My Xuan B1 - CONAC industrial assets, accelerated investments in eco-industrial infrastructure through upgraded centralized wastewater treatment plants and rooftop solar energy integration, and scaled its general contracting operations to capture rising regional demand in public transport and logistics infrastructure.