Created in 1971, UDIC is a State-owned company, having long historical operation in the field of investment in real estate projects. Since its foundation to now, the subject has joined many real estate projects. Some of them are CT1 Building – Nam Thang Long, CT13 – Nam Thang Long, Ciputra Urban Area, KS1 Building – Trung Yen, Thong Nhat Park, Race-Cource Sport Center, Thanh Nhan General Hospital, Hoa Binh Park, UDIC WESTLAKE, UNIMAX TWIN TOWER, Trung Yen Plaza, Golden Palace, etc. However, there are many mistakes in some of the subject's projects. Additionally, in the past, some member companies were under special supervision because of having large bad debts (for details please see negative news). The complicated developments of Covid-19 made the real estate market decline, the implementation of construction and installation contracts had to be suspended or in moderation. It was the cause for a marked drop in the company's revenue compared to 2019. In the first six months of 2021, Vietnam has faced the fourth outbreak of Covid-19, therefore, 2021 may be continued to be a difficult year for companies in this industry.
Headquarters
No. 27, Huynh Thuc Khang Street, Lang Ha Ward
Ha Noi (municipality); Red River Delta;
Postal Code: 10000-14000
Contact Details: Purchase the Urban Infrastructure Development Investment Corporation report to view the information.
Website: http://www.udic.com.vn/
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