News and Events

News and Events

Licogi 12 becomes an associated company of the Vietnam Industrial Construction Group (VNIC)

On the 12th of January, 2010, the Prime Minister signed Decision No. 52/QD-TTg to approve the pilot proposal for establishing the Vietnam Industrial Construction Group (VNIC). Under this decision, Licogi 12 became associated companies of VNIC.
The goal of VNIC is to set up a powerful multiple ownership organization empowered with modern technology and a qualified management team.  We will establishing a highly specialized multi-sector business in the area of general contractors, construction of hydropower, irrigation, transportation, industrial, heavy equipment work and the production construction materials as our key fields of business.

The Song Da Corporation is the parent company of VNIC (Prime Minister's Decision 53/QD-TTg dated 12 Jan, 2010) participating in infrastructure development and construction cooperation with LICOGI, Lilama Corporation, Coma Corporation, Red River Joint Stock Corporation and the DIC Group.
Currently VNIC has around 6,600 billion VND in base capital, 18,000 billion VND in equity and 68,000 billion VND in total assets with around 90,000 employees and staff. The strategic goal of our Group is to become the most respected and reliable group in the region by 2015 and one of the most established groups by 2020.