Coteccons completed the acquisition of Sinh Nam and UG M&E.

Coteccons, a construction group, completed the acquisition of Sinh Nam and UG M&E, infrastructure construction companies. Financial terms were not disclosed. "CTD's goal is to find a foothold in the infrastructure segment, similar to its position in the civil and industrial segments. It is necessary to wait until the second quarter of 2024-II/2025 for the results of the infrastructure segment to be recorded, depending on the general development situation of public investment in Vietnam," Coteccons.