22/05/2022
According to Mr. Ta Chi Cuong – General Director of Ho Chi Minh City Foreign Trade and Investment Development Joint Stock Company (FIDECO – HOSE: FDC), this project is designed with 7 floors and 2 basements on a 742.8 m2 wide campus, construction density is about 60%, implementation time is about 10 months from the date of re-start. The project, which is in charge of Phuoc Thanh Construction JSC and consulted by Apave Asia Pacific Co., Ltd., is expected to be completed before the Lunar New Year 2023.
Located at 28 Phung Khac Khoan, Da Kao ward, District 1, the FIDECO office building project is designed according to the model of a professional office, using environmentally friendly materials, with many green areas, applying modern technology to operation management helps to create a scientific and comfortable working environment, supports to improve the creativity of the people working here and increases the ability to interact with colleagues.
“With a prime location in the heart of District 1, the restart of the FIDECO office building project is the commitment of the Board of Directors and the new Executive Board for investment, business and operation activities of the company in the near future, ensuring effective investment for shareholders and income of employees. This project, when completed in early 2023, will increase the supply for the office market in particular and the real estate market in general in the central area of the city”, shared Mr. Ta Chi Cuong – General Director of FIDECO.
On this occasion, Ho Chi Minh City Foreign Trade and Investment Development Joint Stock Company also introduced a new brand identity, in line with the future development orientation.
Formerly Ho Chi Minh City Fisheries Development Company established in 1989 and equitized in 1993, Ho Chi Minh City Foreign Trade and Investment Development Joint Stock Company currently operates mainly in the field of investment, construction and business real estate, office leasing, packaging production, plastic products and building materials, hotel business and trade center.
According to the audited consolidated financial statements for 2021, FIDECO’s total assets are more than 800 billion VND, equity is more than 640 billion VND. In 2021, despite being strongly affected by the prolonged epidemic situation in all core businesses, the net revenue from sales and service provision of this business reached more than 185 billion dong, the profit was nearly 10 billion dong, while in the same period last year, the loss was nearly 26 billion dong.
The market capitalization of FIDECO is currently more than 1,429 billion dong, calculated by beta coefficient with the data of the last 100 sessions.
