DIC Construction and Trade Investment Co. - Young, Potential Enterprises

The DIC Construction and Trade Investment Company, which used to be a branch of the Construction Investment and Development Company under the Ministry of Construction, was set up in 1992. The company separated from the Construction Investment and Development Company and operated independently in 2003. It was equitised in 2004 and gained a high effectiveness for its construction, construction material production, import and export activities.

 

Like many other companies, the DIC Construction and Trade Investment Company faced many difficulties in its early days with its revenues dropping by 20 per cent, from VND 500 billion per annum to 400 billion. In compensation, the company has become more professional and effective in its production and business activities. With suitable business strategies, the company gained initially good results. In 2005, the company’s revenues were estimated at VND 350 billion.

 

The company’s main activities include construction import, export, trade and production. Concretely, the company supplies imported clinker with a volume of between 700,000 and one million tonnes for cement plants in the south, and steel sheets for ship and boat building establishments. The company has implemented projects on building dormitories in Ba Ria-Vung Tau, and dormitories for the University of Architecture, and the University of Technical Teacher Training. The company has implemented projects on building multi-storey residential areas and trade centres in Tan Phu district, Ho Chi Minh City. In particular, the company is building the Hoc Mon industrial park on 150 hectares with estimated total capital of VND 500 billion.

 

Apart from investment and trade activities, the company has a construction material production plant, specialising in producing tiles. Over the past years, the company’s tiles have been hailed by customers for high quality. The company is investing in the building of a woodwork processing plant and a brick plant in Binh Duong.

Alongside the focus on equipment and technology renewal and production expansion, the company has prioritised the development of its human resources, which, according to the company’s leaders, will determine the success of an enterprise.

 

With suitable business strategies and great efforts and determination of its managers and staff members, and workers, the company is expected to become a reliable partner for contractors.