CONINCO - a 45-year journey of innovating and reaching the world

With a 45-year history of development, Consultant and Inspection Joint Stock Company of Construction Technology and Equipment (CONINCO) - one of Vietnam’s leading construction consulting units, has made many successful marks at vital national projects in all fields, from hydropower, irrigation, and agriculture to civil industry, technical infrastructure, transportation, energy... in every corner of the country, contributing significantly to the national development and bringing the Vietnamese construction consulting industry to international level.

Creating a mark and sustainable growth

According to Mr. Nguyen Van Cong - CONINCO Chairman, the Research Institute of Mechanization and Construction Technology (CONINCO’s predecessor) was established in 1979, operating under a centrally planned economy mindset. When transforming into a joint stock enterprise to achieve impressive achievements and sustainable development, CONINCO has been proactively, flexibly, and creatively managing, organizing business, grasping the development trends of the market economy to adapt, innovate, and create breakthroughs in production and business.

In the development journey, CONINCO has overcome many ups and downs, marking its brand with many vital projects and works not only in traditional critical services such as construction quality management and construction inspection but also affirming its leading brand in the field of design consultancy, technical support consultancy for ODA projects such as My Dinh National Stadium, National Convention Center, National Assembly House and the new Ba Dinh Hall, headquarters of Ministries, Departments, and Branches; Urban Infrastructure Improvement Project to minimize the impact of climate change for the four provinces of North Central Vietnam...

Grasping the development trend of the country, CONINCO has focused on promoting the transport infrastructure sector in new key projects, participating in the supervision consultancy of 06 North-South expressway component projects in the period of 2017-2020 and 2021-2025, supervising consultancy of Ring Road 4 - Capital Region and bridge and road projects nationwide...

In the construction and development of the aviation sector, CONINCO has provided survey consultancy, design consultancy, appraisal consultancy, supervision consultancy, and quality inspection of most airport projects nationwide: Long Thanh Airport, Noi Bai Airport, Tan Son Nhat Airport, Phu Bai Airport and Da Nang Airport,...

On the journey of sustainable development, the human factor plays a vital role. CONINCO identifies training as the best solution to improve the quality of human resources. In addition to organized training, CONINCO also focuses on on-site training through direct knowledge from leading cadres to the next generation at each project to maintain and promote collective strength. That has helped CONINCO become one of the leading brands in the construction consulting industry in Vietnam, with a staff of over 1,000 engineers and architects, with outstanding growth in production and business activities, successfully achieving the goal: “Expanding market share, developing brands, diversifying industries”. After nearly 20 years of equitization, equity capital increased by 667%, revenue increased by 662%, payment to the State budget increased by 482%, and pre-tax profit increased by 717%. Notably, CONINCO is the first company in the consulting field to research and apply the franchise model. Currently, CONINCO has eight domestic member companies and one one-member limited liability company in the Lao People’s Democratic Republic.

Innovation, digitalization approach to the global economy

Technology 4.0 is taking place exponentially, changing the global context and increasingly affecting all countries. CONINCO has implemented digital transformation, applying breakthrough technologies to improve service quality and business operations, confidently accompanying international brands in construction consulting to implement large-scale national key projects with high technical requirements.

Combining technology with practical understanding and a sustainable management system, CONINCO always “works specifically, thinks globally” to keep up with the trend of the times, making the CONINCO consulting brand an essential link for construction projects, bringing benefits to customers, meeting market needs and CONINCO’s goals, accompanying the national development into the Era of growth.

International cooperation - Sustainable development strategy

Implementing the mission of becoming a national brand reaching the international level, international cooperation, expanding the market, and improving operational capacity and service quality are some of CONINCO’s sustainable development strategies. To promote the achieved results and aim for future successes, CONINCO has cooperated with nearly 100 large corporations and companies from many developed countries in the world, such as Japan, Korea, Switzerland, France, Germany, Australia, Canada, USA, China, Singapore..., bringing resources, intelligence, technology from large corporations in the world to Vietnam, eliminating the “technology” gap with advanced countries, creating perfect services and the best construction products for Vietnamese people.

Looking to the future, Mr. Phan Ngoc Cuong - General Director of CONINCO, said: “In the coming period, in addition to preserving and promoting the traditional market, CONINCO will continue to focus on the fields of consulting on the construction of key national projects, highway systems, high-speed railways, urban railways, consulting projects abroad and moving towards expanding investment in science and technology, social security to develop the CONINCO brand with strong changes, reaching international standards for a prosperous Vietnam”.

Source: The World and Vietnam Report, published on the occasion of the APEC Summit and G20 Summit