In early 2014, Fecon Foundation Engineering and Underground Construction JSC has received an approval notification letter from Construction Corporation 1 to supply large volumes of pre-stressed high strength concrete (PHC) piles for the landmark Nghi Son refinery and petrochemical plant project at Nghi Son Economic Zone in north-central Thanh Hoa province. The contract, valued at more than VND206 billion ($9.8 million), is expected to raise the company’s annual profit.
Fecon has continuously been the trusted choice for many investors. It won contracts for PHC pile construction and provision to five large-scale foreign investment projects including the $20 billion Formosa steel factory in Ha Tinh province, the Samsung Electronics Vietnam Thai Nguyen (SEVT) hi-tech complex, the Samsung Electro-Mechanics facility, the LG electronics factory in Haiphong.
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