On June 19, 2024, in Vung Tau city, DIC Holdings Construction Joint Stock Company (Sticker DC4) signed a Memorandum of Understanding with Van Thuong Industrial Park Infrastructure Development Company Limited (IID).
Under the Memorandum of Understanding, IID will prioritize appointing DIC Holdings as the general contractor for infrastructure construction at IID’s Industrial Park, with an estimated contract value of 928 billion VND. This 400-hectare industrial park is located in Phu My town, Ba Ria – Vung Tau province, near the international airport and seaport. Additionally, IID will also prioritize collaborating with DIC Holdings on investment or land leasing opportunities within the park, offering up to 100 hectares of land at preferential rates, subject to legal leasing requirements.
DIC Holdings Construction Joint Stock Company is a member of the DIC Group, operating in fields such as real estate, property leasing, industrial construction, high-rise buildings, urban infrastructure, transportation, irrigation, and water systems. The company has successfully delivered hundreds of projects across Vietnam, establishing a reputation as a reliable and quality contractor.
IID is the enterprise selected by the Provincial People’s Committee to develop the 400-hectare Van Thuong Industrial Park in Phu My Town, Ba Ria – Vung Tau Province. The park is designed to attract multi-industry investments utilizing advanced, clean technologies and avoiding environmentally polluting industries.
This strategic partnership between DIC Holdings and IID aims to leverage the strengths and advantages of each party, support each other’s market development.
