COTECCONS BREAKS GROUND YEN PHONG CN14.1 INDUSTRIAL DEVELOPMENT PROJECT  

On January 25, 2024, Yen Phong Industrial Development Co., Ltd. and Coteccons Construction Joint Stock Company held the groundbreaking ceremony of Yen Phong CN14.1 Industrial Development Project at No. 38, Road 9, Vsip Bac Ninh Trade and Service Industrial Park. 

The groundbreaking ceremony was attended by many partners, representatives of the client, consultants, subcontractors, suppliers, and especially the presence of Mr. Benjamin Lam – General Director, Ms. Fion Ng Seok Hoon – Operation Director, Mr. Micheal Chan – Director of Sales & Marketing, Mr. Tran Quang Thanh – Director of Bidding Department, and representatives of the General Contractor Coteccons, Mr. Bolat Duisenov – Chairman of the Board of Directors, Mr. Vo Hoang Lam – CEO, Mr. Nguyen Chi Thien – Managing Director and representatives of the Board of Directors of Coteccons and employees. At this Yen Phong Industrial Development Project CN14.1 steel project, Coteccons is the General Contractor for the construction of warehouses, technical infrastructure, auxiliary items and all mechanical and electrical works.   

The Yen Phong CN14.1 Industrial Development Project marks an important milestone for BW’s business in the North. This is not only the first two-story project of Yen Phong Industrial Development Co., Ltd. in the North and in the upcoming projects, but also the first logistics project of BW in Bac Ninh province. In addition, the Project is developed to meet LEED Gold certification standards, in line with BW’s commitment to green and sustainable development.  

The project is part of BW’s key strategy to accelerate the expansion of its footprint in the North to meet growing customer demand. Strategically located just 45 minutes from Hanoi’s city center with strong connectivity to the expressway network, Yen Phong CN14.1 Industrial Development Project has great potential to become an important logistics hub for manufacturers, e-commerce companies, retailers as well as third-party logistics services.  

Sharing at the ceremony, Ms. Fion Ng Seok Hoon – BW Operations Director, hopes to receive support from major partners such as Coteccons to bring the highest construction standards and quality to this Project.  

Ms. Fion Ng Seok Hoon – BW Operations Director

Sharing at the ceremony, Mr. Vo Hoang Lam – General Director of Coteccons sincerely thanked the efforts of both sides, after a long time working together, they have found a common voice to achieve the first results for the beginning of the new year. “BWID is the first project of 2024 that Coteccons received information about winning the bid, we are extremely respectful and grateful to the Investor for giving us the opportunity to become a part of the project. I am sure that the best people at Coteccons are sitting here and will participate in building this project successfully. I hope you will work together with BWID’s talented team in the spirit of One Team, to learn from each other, exchange openly, and have necessary discussions to find the best solutions for the project” – Mr. Lam added.  

Mr. Vo Hoang Lam – General Director of Coteccons

 Mr. Nguyen Chi Thien shared with the representative of Coteccons Construction Contractor: “I am extremely proud to stand before you to share the joy and great significance of the groundbreaking day of this important project. This is not only a new construction project, but also the first steps marking the special cooperation journey between Coteccons and Yen Phong Industrial Development Company Limited. We are very proud to be the General Contractor participating in this cooperation, especially with a prestigious partner like Yen Phong Industrial Development Company Limited, a leading unit providing industrial real estate platforms and logistics rental services in Vietnam. Coteccons has nearly 20 years of experience in the construction industry, has been constructing many large-scale factory projects, this is also the premise for Coteccons to commit to bringing to this “Yen Phong Industrial Development Project CN14.1” the quality, progress and safety at the most professional level”.  

Mr. Nguyen Chi Thien – Managing Director of Coteccons

The Yen Phong CN14.1 industrial development project not only brings the expectation of top quality of an excellent project, but also demonstrates the power of consensus, methodical cooperation and strong commitment of both parties. Coteccons believes that this close cooperation will create long-term values ​​and lay the foundation for potential cooperation opportunities in the future.  

 

RELATED POSTS

Hanoi, October 28, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) is honored to be listed among the Top 500 Most Profitable Companies in Vietnam (PROFIT500), as announced by Vietnam Report in collaboration with VietnamNet. This year, Coteccons has made a significant leap, climbing 53 places in the PROFIT500 ranking, rising 36 places in the Top 500 Most Profitable Private Companies, and maintaining position among the Top 10 most profitable construction companies in Vietnam. In the fiscal year 2025 (ending June 30, 2025), Coteccons recorded a gross profit of VND 815 billion and a post-tax profit of VND 456 billion, representing year-on-year increases of 14.4% and 47.4%, respectively. These results reflect the success of Coteccons’ comprehensive restructuring strategy over the past four years, which has enhanced operational efficiency, strengthened cost control, and improved profit margins amid ongoing challenges in the construction market. Looking ahead to fiscal year 2026, Coteccons targets a gross profit of VND 1,291 billion and a post-tax profit of VND 700 billion, marking impressive growth of 58.4% and 53.4% compared to the previous year. These ambitious targets underscore Coteccons’ strong recovery and its leading position in the new growth cycle of the construction industry. The PROFIT500 ranking reaffirms Coteccons’ sound financial health, sustainable business performance, and the market’s continued confidence in the company. Despite market volatility in raw material prices, labor costs, and intense competition, Coteccons continues to deliver strong profit growth, reinforcing role as a leading and exemplary enterprise in Vietnam’s construction sector. Entering

Ho Chi Minh City, October 9, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) is proud to announce that Chairman of the Board, Mr. Bolat Duisenov, has been honored with the Master Entrepreneur Award by Enterprise Asia—one of the region’s most prestigious accolades recognizing outstanding business leaders. The Master Entrepreneur Award is presented to visionary entrepreneurs who demonstrate strategic foresight, relentless innovation, and resilience in overcoming challenges to drive sustainable business growth and make meaningful contributions to the regional business community. With over 17 years of living and working in Vietnam, Mr. Bolat Duisenov—an entrepreneur and investor—has devoted his career to creating sustainable value in the country. As Chairman of Coteccons, he has led the company through a bold transformation, spearheading a comprehensive restructuring and reaffirming Coteccons’ position as Vietnam’s leading construction firm with billion-dollar revenues, ranking among the top 500 enterprises in Southeast Asia. Mr. Bolat Duisenov – Chairman of the Board, Coteccons Construction JSC (Photo: by photographer Maika Elan)His recognition by Enterprise Asia not only highlights his pioneering role in elevating Coteccons to industry leadership but also celebrates an international entrepreneur who has wholeheartedly committed to Vietnam’s development—a country he proudly calls his second home. About Coteccons Coteccons (HOSE: CTD) is one of Vietnam’s largest construction companies, leading the way in technological innovation, quality assurance, and sustainable development. With a team of over 3,000 engineers and highly skilled professionals, Coteccons continues to expand its influence, helping shape the future of Vietnam’s construction industry on the global

On October 7, 2025, at the National Convention Center, Coteccons and Unicons were honored in three major categories at the Vietnam Construction Awards 2025, recognizing the companies’ outstanding contributions to Vietnam’s construction industry.  The event was graced by the presence of numerous distinguished leaders and industry experts, including Dr. Dang Viet Dung – Chairman of the Vietnam Federation of Civil Engineering Associations, Head of the Organizing Committee; Mr. Vu Ngoc Anh – Director of the Department of Enterprise Management under the Ministry of Construction; and Mr. Tong Van Nga – Vice Chairman of the Vietnam Federation of Civil Engineering Associations. The event also featured the presence of top leading economists, including Dr. Nguyen Minh Phong – former Head of the Economic Research Division at the Hanoi Institute for Socio-Economic Development Studies, and Dr. Can Van Luc – Member of the Prime Minister’s Economic Advisory Council.  The event also brought together representatives from provincial Departments of Construction, government agencies, scientists, industry experts, and many enterprises operating in the construction sector.  According to the Vietnam Federation of Civil Engineering Associations, despite facing numerous challenges, Vietnam’s construction industry continues to affirm its position as a key economic sector, playing an essential role in the nation’s development. In this context, Coteccons and Unicons take pride in being among the country’s leading construction companies, contributing to iconic national projects while continuously evolving through the adoption of digital technologies, advanced engineering solutions, and the enhancement of green construction standards across the industry.  At this year’s

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​