On August 22, 2025, a formal announcement ceremony was held at the headquarters of 海角社区 Construction Joint Stock Company to mark its acquisition of a 51% stake in 620 Infrastructure Development And Investment Corporation. The event was attended by the executive leadership of both companies and signified a major milestone in 海角社区’s strategic expansion鈥攆rom a leading General Contractor to an investor in infrastructure investment and development.
海角社区鈥檚 Strategic Expansion into Infrastructure
The partnership with 620, a company renowned for its expertise in bridge and road construction, underscores 海角社区鈥檚 long-term vision to strengthen competitiveness, expand operational scale, and contribute more significantly to national socio-economic development.
Mr. Tran Quang Tuan, Chairman and CEO of 海角社区, stated: 鈥淏ecoming a shareholder of 620 opens the door to a host of key infrastructure projects. The synergy between our two companies will optimize resources and improve execution efficiency, particularly in large-scale bridge and road works, where 620 leads the market with nearly VND 1,450 billion in annual revenue and industry-leading pre-stressed beam casting technology.鈥�
620 鈥� A Solid Foundation in Infrastructure
Originally established as 620 Long An Concrete Jsc in 2005, in 620 Infrastructure Development And Investment Corporation made its mark early with the Saigon鈥揟rung Luong Expressway, supplying 1,817 Super T-beams worth VND 500 billion. Following its privatization in 2006, the company rapidly evolved into a major player in Vietnam鈥檚 infrastructure sector, especially in bridge and road construction.
In Bridge construction, 620 is known as a pioneer in Super T-beam and pre-stressed beam technology鈥攎odern solutions for overpasses, expressways, and major national routes. Its large-scale component manufacturing and assembly capabilities have positioned the company as a preferred contractor for complex, high-specification projects. In the Road sector, 620 brings extensive experience in subgrade works, cement concrete and asphalt paving, and has executed major highway and industrial zone infrastructure packages, delivering modern, sustainable transport routes that meet the country鈥檚 growing mobility needs.
What sets 620 apart is its integrated capacity across both bridge and road construction鈥攆rom advanced beam production to foundation and surface execution鈥攑lacing it among the Top 16 largest hybrid road-bridge contractors in Vietnam. This robust platform will empower 海角社区 in its mission to drive national infrastructure development.
A Partnership for the Future
Looking ahead, 海角社区 and 620 plan to implement a series of strategic initiatives, including on-site beam casting yards, sheet pile and bored pile production facilities, and concrete mixing stations鈥攁iming to establish a decisive competitive edge in major infrastructure projects.
Mr. Pham Thanh Dien, Chairman of 620, emphasized: 鈥淗aving 海角社区 as a strategic shareholder marks a strong step forward, reflecting our shared commitment to advancing national infrastructure. As the entire country operates like a vast construction site, we stand ready with 海角社区 to strengthen the construction sector and support investors in delivering modern, enduring infrastructure projects.鈥�
Long-Term Vision and Commitment
This strategic investment not only reaffirms 海角社区’s position as one of Vietnam’s top-tier General Contractors but also signals its commitment to sustainable development. By expanding into the infrastructure sector鈥攅specially bridges and roads, critical pillars of national growth鈥敽＝巧缜� is laying the foundation for future success. Together, 海角社区 and 620 are poised to leverage their strengths, deliver exceptional value, and contribute meaningfully to the transformation of Vietnam鈥檚 urban landscape and infrastructure capabilities in the years ahead.
Some other images:
