Tuan Loc Construction Investment Corporation (Vietnam)

The subject - Tuan Loc Construction Investment Corporation is engaged in the construction of bridges, roads, industrial parks, water supply systems projects…Some of its big projects are Nhon Trach 6 Industrial Park (Dong Nai), Southeast Economic Zone (Nghe An), Saigon 2 Bridge, subcontractor for the construction of Ho Chi Minh City - Long Thanh - Dau Giay Highway, Co Chien Bridge, some bidding packages under the Hanoi Highway Expansion Project (Ho Chi Minh City)… In addition, Tuan Loc is also known as an investor participating in Thai Nguyen - Cho Moi BOT project (more than VND 2,700 billion), Trung Luong - My Thuan Highway (nearly VND 10,000 billion), BT project of a road connecting Bui Huu Nghia Street to National Highway 1K, Bien Hoa City (VND 518 billion)…Tuan Loc's business activities have changed a lot, in which the main activity of construction has slowed down in 3 recent years, partly due to the impact of the Covid-19 epidemic, partly due to changes in business investment strategy. On the other hand, Tuan Loc is also very active in acquiring or investing in companies in the construction industry, especially newly equitized state-owned units including Hiep Phuoc Industrial Park, Sonadezi Giang Dien...In order to promote investment activities, Tuan Loc has continuously increased its charter capital in recent years. By the end of 2022, the company's charter capital has reached VND 4,330,000,000,000. Therefore, financial income is also a significant source of income of this company besides revenue from main activities.