- CEO
- Trung Cong Le
- Full Time Employees
- 22
- Sector
- Finance
- Industry
- Real estate development
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Sep 12, 2010
- Business
- Long Son Petroleum Industrial Zone Investment Joint Stock Company, formerly known as Idico-Petroleum Trading Construction Investment Joint Stock Company, is a Vietnam-based infrastructure and construction enterprise primarily engaged in the development, operation, and management of industrial parks, real estate projects, and civil engineering infrastructure. The company operates across three core business segments: Industrial Zone Infrastructure, Real Estate Development, and Construction and Engineering. Its primary products and services comprise the development, leasing, and management of industrial park land and ready-built factory facilities; construction of civil, industrial, and transportation infrastructure, including highways, bridges, port-access roads, and irrigation networks; development and commercialization of residential and commercial properties, including urban housing developments, multi-story apartment complexes, and office buildings; provision of technical and utility services, including industrial power supply, raw and potable water distribution, and centralized wastewater treatment systems; and project management, construction supervision, and technical design consulting services. The company concentrates its operational footprint in southern Vietnam, with key assets and developments situated in Ba Ria-Vung Tau Province and Ho Chi Minh City. Founded in 2007, the company is headquartered in Ho Chi Minh City, Vietnam, and trades on the UPCoM exchange under the ticker symbol PXL. In recent strategic developments, the company rebranded from Idico-Petroleum Trading Construction Investment Joint Stock Company to Long Son Petroleum Industrial Zone Investment Joint Stock Company (Long Son P.I.C) to reflect its long-term strategic focus on industrial park investments. The company has integrated into the GELEX Group ecosystem following the acquisition of a controlling 65 percent equity interest by Gelex Infrastructure Joint Stock Company. To finance the development of its flagship 850-hectare Long Son Industrial Park project, the company completed a substantial private placement that expanded its charter capital from VND 827.22 billion to over VND 1.76 trillion. In addition, the company has expanded its master-planning strategy for the Long Son industrial hub to target high-technology sectors, hyperscale data centers, and artificial intelligence facilities alongside traditional petrochemical and industrial logistics operations.