INVESTCORP GROUP

What INVESTCORP GROUP does

INVESTCORP Group (Công ty Cổ phần Tập đoàn INVESTCORP) is a privately held Vietnamese design-and-build (EPC) general contractor headquartered in Ha Dong District, Hanoi. Founded November 1, 2010, originally as a civil and industrial construction team, the company has grown over 15 years into a multi-country operator with representative offices in Vientiane (Laos) and Yangon (Myanmar) and 12 wholly-owned subsidiaries executing industrial factory construction for multinational manufacturers. The company is led by Chairman and General Director Đỗ Ngọc Đạo (杜玉道), with Deputy General Directors Nguyễn Bá Hiệp and Đỗ Ngọc Hà.

The company operates three integrated service pillars: Design-Construction (EPC general contracting for civil and industrial projects including architectural design, structural engineering, M&E installation, and project management), Investment (real estate development and related investment activities through subsidiaries), and Investment Consulting (advisory for foreign manufacturers entering Vietnam, Laos, and Myanmar). Revenue is generated primarily through one-time project-based EPC contracts, with additional income from real estate investment returns and professional advisory fees. The customer base spans automotive (Autoliv, Denso, Mitsuba, Yokowo), electronics (Meiko, Molex, Hayakawa, Nissei, Toyo Ink), textile and garment (Ramatex, Matsuoka, Jehong), food processing (Heritage Food), pharmaceutical (Kalbe Myanmar), and steel and gas industrial sectors (JFE Meranti, Taiyo Nippon Sanso), with subcontracting roles alongside Japanese tier-1 contractors Hazama Ando Corporation and Penta Ocean.

Name

INVESTCORP GROUP

Legal name

Công ty Cổ phần Tập đoàn INVESTCORP

Website

https://investcorp.com.vn

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

INVESTCORP Group is a privately held Vietnamese design-and-build (EPC) general contractor that builds industrial factories and civil facilities for multinational manufacturers establishing operations across Vietnam, Laos, and Myanmar.

Ownership category

akta.pro rank

Product category

Industrial Construction Services

NAICS

Engineering Services (541330), Management of Companies and Enterprises (55111)

SIC

Services-Engineering Services (8711)

akta.pro industry

PRIMARYIMAFAAAD

Design-Build / EPC General Contracting

Industrials, Manufacturing & Construction/Construction & Civil Engineering/General Contracting & Construction Management

SECONDARYBPAHAIAF

Industrial & Process Engineering Consulting

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/Engineering & Technical Consulting

Keywords

• Design-build construction
• Industrial construction services
• General contracting EPC
• Construction investment consulting
• Civil and industrial construction

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Design and Construction (EPC): INVESTCORP generates revenue primarily through design-and-build (EPC) general contracting for industrial factory projects. Revenue is earned as one-time project-based fees for complete construction services including design, civil works, and M&E installation. The company also undertakes civil construction projects for government and private sector clients.
2. Investment: INVESTCORP engages in real estate investment and development activities through its subsidiaries, generating revenue from property development projects and investment returns.
3. Investment Consulting: The company provides investment advisory services to foreign investors looking to establish manufacturing operations in Vietnam, Laos, and Myanmar.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

INVESTCORP GROUP operates as a design-and-build (EPC) general contractor specializing in industrial factory construction, delivering integrated services including architectural design, structural engineering, mechanical and electrical (M&E) installation, and project management. The company also engages in real estate investment and provides investment advisory services to foreign manufacturers establishing operations in Vietnam, Laos, and Myanmar.

Product overview

INVESTCORP GROUP operates as a construction and investment conglomerate providing three core services: Design-Construction (Thiết kế - thi công) as a general contractor for civil and industrial construction projects; Investment (Đầu tư) in construction, real estate, and related sectors; and Investment Consulting (Tư vấn đầu tư) for domestic and international markets. The company was established on November 1, 2010, and has expanded operations to include subsidiaries in Vietnam, Laos, and Myanmar, with representative offices in Vientiane and Yangon. The portfolio is structured around three integrated service pillars that work together to deliver turnkey construction and investment solutions to clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Thiết kế - thi công (Design-Construction) Comprehensive design-and-build (EPC) general contracting services for civil and industrial construction projects, including architectural design, structural engineering, mechanical and electrical (M&E) installation, and project management. Targeted at enterprise clients—predominantly multinational manufacturers—requiring turnkey factory construction across Vietnam, Laos, and Myanmar.
• Đầu tư (Investment) Real estate and construction-sector investment services delivered through INVESTCORP's subsidiaries, generating revenue from property development projects and investment returns. Targeted at internal projects and co-investment opportunities in Vietnam and adjacent markets.
• Tư vấn đầu tư (Investment Consulting) Investment advisory services supporting foreign investors looking to establish manufacturing operations in Vietnam, Laos, and Myanmar. Covers market entry guidance, site selection, and regulatory navigation. Targeted at multinational corporations and foreign manufacturers entering Southeast Asian markets.

Quantifiable outcome

• Successfully completed numerous industrial factory projects for major international clients including Autoliv, Meiko, Ramatex, Heritage Food

Named customers34 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

18 partnerships are on record, tiered major, core and strategic.

• Hazama Ando CorporationmajorImplementation/ SI/ Consulting Partner · 1 January 2010Main contractor for various projects including Vientiane International Airport expansion and Mitsuba M-Tech Vietnam factory. Hazama Ando Corporation serves as main contractor with INVESTCORP as subcontractor on multiple industrial construction projects.
• Penta OceanmajorImplementation/ SI/ Consulting Partner · 1 January 2010Main contractor partnership on Kalbe Myanmar pharmaceutical factory project.
• AutolivcoreStrategic or Co-development Partner · 1 January 2010Strategic partnership for automotive safety equipment factory construction. INVESTCORP serves as design-build contractor for Autoliv Vietnam factory at Amata City Industrial Zone, Quang Ninh. Autoliv is a Fortune 500 company with 42% global airbag market share.
• Meiko Electronics VietnamcoreStrategic or Co-development Partner · 1 January 2010Long-term partnership for electronics manufacturing facility construction including EMS extension and multiple expansion projects.
• Ramatex GroupmajorStrategic or Co-development Partner · 1 January 2010Major textile and garment factory construction partnership including multiple projects: Maple Peony factory, Ramatex Hai Phong, Ramatex Nam Dinh projects.
• VDL ETG (Netherlands)majorStrategic or Co-development Partner · 1 January 2010INVESTCORP supported VDL ETG inauguration of first Vietnam factory in Quang Ninh province, marking entry into Vietnamese market.
• Heritage Food (Thailand)majorStrategic or Co-development Partner · 1 January 2010Food processing factory construction partnership for Heritage Food Vietnam operations.
• Jehong Textile (Taiwan)majorStrategic or Co-development Partner · 1 January 2010Textile factory construction project for Jehong in Nam Dinh Province.
• ChenTai (Taiwan)majorStrategic or Co-development Partner · 1 January 2010Partnership for manufacturing facility construction projects.
• DingFeng (Taiwan)majorStrategic or Co-development Partner · 1 January 2010Ding Feng Technology Vietnam factory construction project.
• Techworld (Hong Kong)majorStrategic or Co-development Partner · 1 January 2010Techworld Industries Vietnam factory expansion project.
• MIE VietnammajorStrategic or Co-development Partner · 1 January 2010Vietnam MIE factory Phase 2 construction project in Pho Noi A Industrial Zone, Hung Yen.
• Great Market Global Vietnam (JASAN)majorStrategic or Co-development Partner · 1 January 2010Investment project construction for Great Market Global Vietnam (JASAN).
• Biel CrystalmajorStrategic or Co-development Partner · 1 January 2010Biel Crystal Vietnam factory construction project in Bac Ninh VSIP Industrial Zone.
• IKKA Technology VietnammajorStrategic or Co-development Partner · 1 January 2010Vietnam factory expansion project.
• Kalbe MyanmarmajorStrategic or Co-development Partner · 1 January 2010Pharmaceutical factory construction in Myanmar Thilawa SEZ.
• Taiyo Nippon Sanso MyanmarmajorStrategic or Co-development Partner · 1 January 2010Gas factory construction in Myanmar Thilawa SEZ.
• German Chamber of Commerce (IHK) Region StuttgartstrategicGTM or Marketing Partner · 1 January 2010Meeting and cooperation discussions held in June 2025 to explore business development opportunities with German companies.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Hoa Binh Construction Group Joint Stock Company: Major Vietnamese general contractor active in industrial, civil, and infrastructure construction. Comparable customer base of FDI manufacturers and similar design-build delivery model in Vietnam's industrial zones.
• Shimizu Corporation: Major Japanese general contractor with extensive Vietnamese factory-construction track record. Comparable as a prime contractor pursuing the same multinational manufacturing FDI that INVESTCORP serves, often at the prime-contractor tier above INVESTCORP.
• Hazama Ando Corporation: Japanese prime contractor partnering with INVESTCORP on multiple projects (Vientiane Airport, Mitsuba M-Tech). Comparable in serving Japanese FDI manufacturers in Southeast Asia; functions both as INVESTCORP's upstream partner and a potential competitor for the same mandates.
• Coteccons Construction Joint Stock Company: Vietnam's largest listed general contractor, delivering industrial, commercial, and civil EPC projects for multinational clients. Directly comparable as a domestic EPC competitor pursuing the same factory-construction mandate that INVESTCORP serves.
• Penta-Ocean Construction: Japanese contractor active in Southeast Asian industrial and infrastructure projects. Comparable in delivering factory and infrastructure projects for FDI clients; partnered with INVESTCORP on Kalbe Myanmar pharmaceutical plant.

Direct peers

• Delta Construction Group: Vietnamese contractor active in industrial, civil, and M&E works for FDI factories. Comparable in target customers (multinational manufacturers setting up in Vietnam) and design-build EPC scope.
• Phuc Hung Holdings Construction JSC: Vietnamese EPC contractor focused on industrial and civil construction for foreign-invested factories. Closely comparable in scale, target segment (FDI factories in VSIP, Amata, and other industrial parks), and design-build delivery.
• Ricons Construction Investment JSC: Listed Vietnamese construction firm specializing in industrial factory and civil project construction. Comparable EPC services to FDI manufacturers and similar geographic concentration in northern Vietnam industrial zones.
• Licogi 16 Joint Stock Company: Vietnamese industrial and infrastructure EPC contractor. Comparable in offering design-build services for industrial clients and operating in similar Southeast Asian markets.

Regional players

• GS Engineering & Construction: Korean EPC contractor with significant Vietnam and Southeast Asia factory-construction presence. Comparable in serving Korean FDI manufacturers (electronics, automotive components) and competing for the same industrial-zone project pipeline as INVESTCORP.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@tapdoaninvestcorp
• Facebookfacebook.com/INVESTCORP.COM.VN
• LinkedInlinkedin.com/company/investcorp-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about INVESTCORP GROUP