January

Tracodi: Business situation prospers since acquired by Bamboo Capital

In early 2015, taking SCIC’s divestment opportunity, Bamboo Capital (BCG) has acquired 68% of the stake which helps to hold controlling shares of Transport and Industry Development Investment Join Stock Company (Tracodi). Tracodi has 25 years of operating history in many fields such as infrastructure construction, taxi transportation, quarrying and labor export. Despite of many advantages, while the state was still holding controlling shares, the company’s performance was not as effective as it could have been.