TICCO: 40 Years of Development in Partnership with Tien Giang Province

Founded in 1983 as an irrigation construction enterprise, Tien Giang Investment and Construction Joint Stock Company (TICCO) has, over four decades, cultivated a strong brand presence. Its impactful economic, social and public welfare activities serve as catalysts for growth, positioning TICCO as an important force in fostering development and attracting investments not only to Tien Giang province but also to the broader Mekong Delta region.

Over four decades of growth, TICCO has evolved into a robust brand, significantly contributing to the socioeconomic advancement of Tien Giang province 

Effective multifaceted operations

TICCO presently boasts five direct subsidiaries, three indirect subsidiaries, and one affiliated company, operating across three core sectors: Traffic, irrigation, and infrastructure construction; real estate development; and fresh concrete and precast concrete production and supply. The company always puts the highest enthusiasm and sense of responsibility to provide the market with quality products in any field of operation.

In the realm of concrete production, TICCO has consistently earned customer trust, adhering to the principles of Prestige, Quality, Progress and Best Service. The TICO-branded concrete has left an indelible mark on numerous key projects, catalyzing local industrialization and modernization.

Within the construction field, key projects like the Dong Thap Muoi reclamation and restoration initiative, the Go Cong water treatment project, and technical infrastructure undertakings in My Tho Industrial Park and Trung An Industrial Complex have not only excelled in Tien Giang province but have also made significant contributions to neighboring provinces and cities.

TICCO consistently prioritizes the development of sustainable production and business operations, while cultivating a corporate culture that upholds the principles of “Reputation, Quality, Progress and Efficiency” 

Real estate stands as a major business line, significantly bolstering the company's revenue and profit margins. TICCO has crafted model residential areas such as My Thanh Hung, Long Thanh Hung and Truong Dinh. Road projects and adjacent residential zones like Nguyen Trai and Nguyen Trong Dan also contributed to urban development. In the realm of industrial zone infrastructure development, its success story began with the My Tho Industrial Park and continues with Gia Thuan 1 and Gia Thuan 2 industrial complexes. These endeavors have not only solidified the reputation but have also served as crucial conduits for attracting investment into Tien Giang province.

With an investment capital of VND278.291 billion, Gia Thuan 1 Industrial Complex attracted numerous tenants through comprehensive infrastructure development. Gia Thuan 2 Industrial Complex, spanning 50 hectares with an investment capital exceeding VND390 billion, strategically bordering Soai Rap Petroleum Industrial Park to the south and Hoi Dong Huyen Canal to the north, positions itself as an attractive destination for both domestic and foreign investors.

Mr. Vu Huy Giap, General Director of TICCO, said: In the future, while persistently pursuing its approved directions, the company will take advantage of the important strategic position of Tien Giang to capture new investment flows to develop its strong areas. Particularly, the company focuses on two key areas: concrete and real estate. In the near term, TICCO will speed up the development of Gia Thuan 1 and Gia Thuan 2 industrial complexes as well as real estate projects in Go Cong to prepare the best conditions to welcome investors.

“TICCO aspires to establish itself as a premier supplier of commercial concrete products and a foremost investor in technical infrastructure and real estate within Tien Giang province and the Mekong Delta region. Our plan includes expanding our influence to the Southeast region, the Southern Central region, and the Central Highlands in the near future,” he emphasized.

The expansion of Nguyen Trai Road and its adjacent residential areas in Go Cong Town, Tien Giang, is a notable investment by TICCO

Persistent with sustainable development goals

Nestled along the Tien River in the southern key economic region, Tien Giang has a prime position for economic development and investment inflows. The province is striving to transform into a green, intelligent, and sustainable hub by 2025.

In alignment with this policy, TICCO is steadfastly dedicated to constructing eco-friendly industrial infrastructure projects. Throughout the investment journey, the company maintains close collaboration with localities, delivering a diverse array of products, promoting synchronized infrastructure development, and ensuring strict adherence to environmental considerations, encompassing lush greenery and effective waste management. TICCO cultivates a secure living and working environment for its workforce and neighboring communities, emphasizing water and energy conservation, and demonstrating adherence to legal regulations governing environmental protection.

Within industrial zones, TICCO amplifies its focus on instilling heightened responsibility among tenants for waste management and recycling. The company prioritizes environmentally sustainable investors, curbing pollution and mitigating carbon emission risks. Concurrently, TICCO remains at the forefront of constructing traffic and irrigation projects, fulfilling water needs for both production and daily life, safeguarding fruit trees and crops, and actively contributing to the battle against climate change and water security challenges in the lower Mekong River basin, while propelling the development of new rural landscapes.

In its pursuit of sustainable development and the fostering of a robust corporate culture, TICCO upholds the principles of solidarity and charity. The company actively engages in social security programs, demonstrating care for Vietnamese heroic mothers, contributing to welfare funds, extending gestures of kindness to the less fortunate during holidays, and constructing charity houses. Through these initiatives, TICCO ensures social security and becomes a stalwart companion in local development.

Gia Thuan 1 Industrial Complex (Gia Thuan commune, Go Cong Dong district)

Reflecting on the investment landscape in Tien Giang, General Director Giap remarked, "Throughout our 40-year journey of development, TICCO has received invaluable support from the Provincial Party Committee, the Provincial People's Committee, and various provincial and local agencies, guiding us through challenges from project inception to completion and operation."

In the coming time, TICCO is poised to intensify the application of cutting-edge technologies, aiming for the realization of green, sustainable and environmentally friendly construction projects. The company is committed to fostering innovation, technical enhancements, operational efficiency, economic prudence and waste prevention, ultimately driving increased revenue and profit. This resolute commitment defines TICCO's approach to sustainable development.

In response to the profound trends of international integration, TICCO places a premium on the enhancement of personnel quality and embraces digital transformation to ensure unwavering development and sustainable growth, thereby optimizing its service to partners and upholding its brand reputation.

General Director Giap said, "We hope that the province will continue to implement mechanisms that empower and instill confidence in businesses, enabling them to surmount challenges and flourish in their production and business endeavors. This serves as the driving force for TICCO, as well as other businesses, to collaborate and unite in propelling the swift and sustainable development of Tien Giang province."

By Ngoc Tung, Vietnam Business Forum