Fecon wins new contracts worth VNĐ1 trillion

Fecon Corporation (FCN) recorded new construction contracts worth about VND1 trillion (US$44.6 million) in the first half of this year. In June, the Ha Noi-based construction firm won contracts to build the underground facilities for the Samsung and LG displays in the northern province of Hai Phong, building project at No 69B Thuy Khue in Ha Noi and the Lake View Project in HCM City.

FCN also announced the establishment of Fecon South Corporation to serve the growing demand for construction in the south of Viet Nam.

FCN's projected sales for this year total VND2.6 trillion.

Currently, FCN's total assets reached more than VND3 trillion. Yesterday, each share of the corporation rose 0.5 per cent to reach VND20,400 on HoSE.

Fecon Corporation (FCN) constructs the underground of LG displays in the northern province of Hai Phong