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The establishment of PHUC AN THINH CONSTRUCTION COMPANY LIMITED - an affiliate of DESIGN CONSTRUCTION JOINT STOCK COMPANY NO.1 (DECOFI) – is as follows

  • DECOFI, previously known as Dau Tam Survey, Design and Construction Enterprise under the Ministry of Agriculture and Rural Development, was incorporated on September 12, 1990. And Phuc An Thinh’s precursor was Construction Crew No.1 under Dau Tam Survey, Design and Construction Enterprise.
  • On December 31, 1992 the Enterprise changed its name  to Dau Tam Survey, Design and Construction Company.
  • On November 21, 1994 the Company changed its name to Design and Construction Company No.1  (DECOFI)
  • In 1997, the Construction Crew No.1 became Construction Enterprise No.1 under the Design and Construction Company No.1 (DECOFI)
  • In 2003 the Design and Construction No.1 converted to the model of a joint stock company in accordance with the government guideline on capitalization of state-owned enterprises. Accordingly, the Ministry of Agriculture and Rural Development holded the equity of 10%. The Construction Enterprise No.1 became Construction Center No.1 under DECOFI. In 2005, the Ministry of Agriculture and Rural Development  sold up 10% of its equity to DECOFI’s shareholders.
  • In 2003, DECOFI reorganized and established 3 company members. And the Construction Center No.1 became Phuc An Thinh Construction Co., Ltd.

Phuc An Thinh Construction Co., Ltd. was formally  put into operation as of January 1, 2014 with the manpower as DECOFI ‘s  key personel of over 24 years of experiences.

 

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