Tokyu Construction Acquires Indochine Engineering

Over the last two decades, Indochine Engineering has established itself, as a leading multidisciplined engineering consultancy, servicing Vietnam and SE Asia, with a strong offshoring capability using BIM and remote working capabilities; with a reputation to compete with tier 1 consultancy firms.

Today, Indochine is pleased to confirm that it has been acquired by Tokyu Construction Corporation (TYO 1720:JP).

Tokyu Construction do not think in terms of single buildings. Instead, TCC think of whole towns from the standpoint of customers and residents, and will always strive to create new value. The origin of Tokyu Construction is the urban development of Shibuya and along the Tokyu line, in Tokyo.

Whilst Indochine has been acquired in full, we will continue to provide our consultancy services to existing and new clients, helping deliver projects in Vietnam and SE Asia, and now Japan. Indochine management and operations will continue as normal to serve our clients and their projects, for the foreseeable future. Overtime we expect to be able to extend the synergies of TCC to our clients.

We are very happy to start our new partnership with Indochine Engineering Group” said Mitsuhiro Terada, President of Tokyu Construction Co., Ltd.

IE group has more than 80 high skilled engineers with great experience and reputation in the BIM field."

We have confidence that we can expand our business in Vietnam and SE market together and also create strong synergy which will lead to great improvement on our work quality and productivity."

We are very excited to join Tokyu,” said Carl Gay, Indochine’s CEO. “Tokyu has amazing construction and development experience in Tokyo, and is genuinely interested in our core strengths of engineering consultancy using BIM and online working, and the emerging market opportunities in Vietnam and elsewhere in SE Asia.