IDICO Machinery Erection Construction InvestmentJoint Stock Co
UUPCOM:LMI7,900.00
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IDICO Machinery Erection Construction InvestmentJoint Stock Co
UPCOM:LMI
(Unlisted Public Company Market)
Recent
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7,900.00
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ROIC.AI
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- IDICO Machinery Erection Construction Investment Joint Stock Company (UPCoM: LMI), widely known as LAMA IDICO, is a Vietnam-based industrial engineering, mechanical fabrication, and construction services provider operating as a member of IDICO Corporation (Vietnam Urban and Industrial Zone Development Investment Corporation). Founded in 2008 and headquartered in Long Thanh District, Dong Nai Province, Vietnam, the company specializes in manufacturing heavy industrial machinery, fabricating structural steel, and providing full-scale equipment erection and technical engineering services for industrial plants, renewable energy facilities, and infrastructure developments across Vietnam and international export markets. The company operates through three core business segments: Mechanical Fabrication and Manufacturing, Industrial Plant Erection and Installation, and Technical Maintenance and Engineering Services. The company's comprehensive product and service offerings comprise: ASME-certified pressure vessels, industrial boilers, bulk storage tanks, technological piping systems, and process silos; fabricated structural steelworks, industrial building frameworks, heavy equipment support structures, and precision metal components; specialized mechanical equipment for energy and industrial facilities, including hydropower penstocks, intake gates, and heavy lifting apparatus; turnkey equipment installation, electromechanical assembly, and commissioning services for hydropower stations, cement factories, metallurgical and steel plants, oil refineries, and solar power installations; and specialized maintenance and technical solutions, including thermal insulation, industrial furnace refractory masonry, electrical systems testing, non-destructive examination, equipment overhaul, and on-site precision machining. The company operates modern fabrication facilities located in the Nhon Trach 1 Industrial Zone in Dong Nai Province, serving domestic industrial clients as well as global equipment manufacturers such as the Danieli Group. In recent corporate developments, LAMA IDICO has strengthened its technical credentials and operational capabilities by securing and validating international manufacturing certifications, notably the ASME U and S stamps for pressure vessel and power boiler fabrication alongside the ISO 3834 comprehensive welding quality system. The company has enhanced its mechanical processing infrastructure through capital investments in specialized machinery, including high-precision mobile milling systems and advanced tooling equipment. To drive growth and expand its value proposition, the company approved a strategic initiative to build dedicated in-house engineering and plant design capabilities, facilitating its transition toward comprehensive engineering, procurement, and construction (EPC) execution. In addition, LAMA IDICO continues to expand its mechanical manufacturing export contracts for international industrial partners and regularly distributes annual cash dividends to its shareholders.