Tu Lap Contruction Company Limited (Vietnam)

The subject is a construction company which has implemented many civil and industrial works, mainly in Phu Tho Province. The projects include urban and commercial areas, adjacent villas, roads and bridges, etc. Besides, the company also some other related activities consisting of sand and gravel exploitation and stone processing; brick production; station of hot asphalt concrete and commercial concrete (the subject had some subsidiaries to operate in these fields). The subject has increased the charter capital for many times and up to now, it reaches VND 3,000 billion.It should be noted that the subject's business ethnic was not good in the past (some projects were delayed, violating several regulations, increasing cost for investors…). It seemed that the subject had good ability to lobby authority to gain many bidding contracts too. Despite the subject had good financial strength, it should be watched frequently when doing projects with the subject.