The appearance of Deoca Group affirms the growth and marks an important development step from the inheritance and the process of continuous striving for learning, labor and creativity in more than three decades through which businessman Ho Minh Hoang and his colleagues have created Deoca brand.
This success was started with cooperatives, factories, and then companies, etc with many experiences, ups and downs of challenges and emotions of sadness, joy, anxiety, trust and aspiration. And Deoca’s people knew how to turn difficulties into opportunities, impossibles into possibles and they together went forward to write spring melodies of Deoca today.
1985 – 1998: Inherit etc to nurture hope
Deoca Group, formerly known as Hai Thach production, construction and electrical installation enterprise, was established in 1985 in Phu Yen. As a student majoring in industrial electricity of Ho Chi Minh University of Technology and Education, businessman Ho Minh Hoang inherited the transfer from the family and was quite successful in corporate governance, reorganization and stability in this period. All preparations to cultivate hope.
1998 – 2008: Successes of a new beginning
Good governance, expansion of partnerships, successful implementation of construction projects, carpentry and electrical construction in Phu Yen province to create reputation were remarkable efforts of Hai Thach in this period. In 2002, Hai Thach Co., Ltd was established and Mr. Ho Minh Hoang became the Director of the Company. Since 2005, Hai Thach Co., Ltd has achieved new successes in the field of construction, been much known by many strange and modern light types such as: the image of the balance of justice at National Highway 1A, the symbol of Tuna in Hung Phu new urban area, the image of the wings of Hope on Hung Vuong street, etc
2008 – 2018: From the desire to conquer to breakthrough
Deoca Group achieved many special development milestones in this period.
Since 2008, Hai Thach Co., Ltd. achieved impressive developments. 2009 marked an important turning point when for the first time Hai Thach Co., Ltd with strengths in the electric lighting construction and installation entered a new field - by implementing Deoca Road Tunnel Project as an investor and contractor of the main items.
From the aspiration to develop the enterprise into a large economic group, Hai Thach has gradually established, linked and gathered other investors operating in many fields and industries. In 2014, Hai Thach Group was formed (Hai Thach Group Joint Stock Company) to operate in many fields with charter capital of up to VND 1,500 billion, more than 700 officials and employees. The member enterprises include: BOT Hai Thach Investment Joint Stock Company, Hoang Long Construction Consultant Joint Stock Company, A2Z Construction Consultant Joint Stock Company, Hai Thach Investment Construction Joint Stock Company, Hai Thach Construction Materials Joint Stock Company, Trung Hai Investment and Development Trading Corporation, Vina S.F Security Service Joint Stock Company, etc
In 2015 - 2016, Hai Thach Group contributed capital to Saigon Bridge Road Construction Joint Stock Company (SBRC). SBRC Group officially appeared, marking the completion of capital restructuring and strategic position shift.
Inheriting and developing continuously for over 30 years from Hai Thach Group, with a team of highly qualified personnel, modern technical equipment, SBRC continues to gain great successes from national key projects, especially Deoca Road Tunnel - 01 of 05 national typical projects. The enterprise was entrusted by the Ministry of Transport of the Government to carry out the projects of Hai Van 2 tunnel expansion, Bac Giang - Lang Son expressway with RIFFD ETC, etc.
2018 – 2028:... Reach to the future
Understand itself in global awareness.
Pursuing development, advancement and success is the driving force of thought and creativity.
Change to reach the future. Being aware of a dynamic and multi-dimensional world, since May 2018, Saigon Bridge Road Construction Joint Stock Company (SBRC) officially changed its name to Deoca Group Joint Stock Company (Deoca Group) - re structured to realize regional and international business investment strategies.
Deoca Group is now the parent company, including 22 member companies divided into 5 sectors such as: Investment enterprises, project enterprises, production and business enterprises, service and foreign investment enterprise with nearly 5,000 officials - employees. This is a united team pursuing the aspiration to become: “The biggest investor in transport infrastructure; The most professional financial investor; the most powerful EPC construction to realize the desire to bring “a safe and prosperous life for the people and country of Vietnam”.
Currently, together with mobilizing resources and speeding up to complete projects such as: the project for improving Hai Van road tunnel, Bac Giang - Lang Son expressway project, Trung Luong - My Thuan project, etc on schedules promised with the Government, the people, Deoca Group is working hard with the government and people of Cao Bang province to come up with many solutions to realize the dream of the expressway connecting with economic regions.