IDICO Corporation (Viet Nam Urban And Industrial Zone Development Investment Corporation) was established in 2000 as a state-owned enterprise under the Ministry Of Construction; Business lines are development of industrial zones/ parks, Hydro Power Plant, Road Traffic, Urban and Housing, Construction... Through the process of construction and development, until now IDICO l Ihas become a strong corporation, operating under the model of Joint Stock Company with stock symbol lDC. That is the charter capital scale of 3,000 billion and the largest market capitalization of 1 billion USD from Novvember 2021. The total assets of the Group is over VND 14,000 billion (an increase of 20 times). The annual turnover is 5,000 billion and profit of nearly 600 billion. Currently, IDICO has 22 subsidiaries and branches nationwide employing more than 5,000 people with high management and professional skills.
INTRODUCTION
IDICO
OPERATION METHOD:
With the motto ‘Investment for Development’, IDICO constantly searches, researches and develops investment projects to build technical infrastructure of industrial zones, urban areas and concentrated residential areas, hydropower plants, highway and management and operation, exploit and trade projects in a professional and effective way.
QUALITY POCILITY:
1. To meet customer’s needs and satisfaction with the highest products and services quality;
2. To regularly research, apply and develop advanced technologies to improve products, services quality and the competitiveness in the fields of activities;
3. To recognize and provide adequate resources to ensure effective implementation of the quality management system
DEVELOPMENT ORIENTATION:
With the new operating model of Joint Stock Company, IDICO stably remains the strategy of ‘Investment for Development’, in which IDICO development orientation is based on the principle that human resources are key, management is crucial and business culture promotion is a regular task.
IDICO will continue to research and select effective projects to invest and develop, especially projects in industrial zones, transportation, electricity, etc. exploiting and optimizing the existing land and maximizing the advantages of the enterprise so that IDICO brand is increasingly consolidated and developed with strong and sustainable way.
HISTORY OF DEVELOPMENT
Year 2000
Founding of IDICO
IDICO was established under Document No. 1011 / CP-DMDN of November 7, 2000 of the Prime Minister and Decision No. 26/2000 / QD-BXD of December 6, 2000 of the Minister of Construction on the basis of arranging and reorganizing the companies: Urban and Industrial Zone Development, Petroleum Construction, Western Construction under the Ministry of Construction and a number of State enterprises under the People's Committees of localities.
IDICO was established to focus resources on finance, technology, management capacity, equipment ... to make investment in development and business of technical infrastructure of zones. urban areas, industrial parks, economic zones and concentrated residential areas; investment in development of transport, irrigation, hydroelectricity projects, industrial production and housing development ... In particular, the key and core area of IDICO is to invest in developing industrial area.
Year 2006
Change operating model of Parent Company - Subsidiary
IDICO transformed its business model into a model of Parent company - Subsidiary company according to the Minister of Construction's Decision No. 1768/QD-BXD dated December 21, 2006.
Year 2010
Convert business type into one member LIMITED
IDICO was transformed from a state-owned company to a one-member limited liability company owned by the State under Decision No. 615/QD-BXD dated June 10, 2010 by the Minister of Construction.
Year 2018
Transfering operating model into Joint Stock Company
IDICO On October 5, 2017, IDICO successfully held an IPO and on February 24, 2018, IDICO successfully held a general meeting of shareholders to establish IDICO Corporation - JSC. In which, the State holds 36% of charter capital
Year 2020
Converting shares into private owner with 100%
IDICO On November 27, 2020, IDICO successfully held an the auction to sold all of state capital
Year 2021
Officially become a joint stock company
IDICO On February 02, 2021, IDICO successfully held a general meeting of shareholders to change shareholder without state and officially become a joint stock company which private owner 100% charter capital.
GROWTH CHART OF PRODUCTION BUSINESS TARGETS
IDICO ORGANIZATIONAL CHART
IDICO VIDEOS
IDICO 20years
IDICO CORPORATION - JSC (IDICO)
151A Nguyen Dinh Chieu, Vo Thi Sau ward, Dist. 3, Ho Chi Minh city, Vietnam
Fax +842839312705
Email: headoffice@idico.com.vn
ERC no.: 0302177966 issued dated: 17/05/2021
Issued by HCM Department of Planning and Investment
