Japanese foundation engineering company Raito Kogyo and Hanoi-based construction company FECON established a joint venture Raito Fecon Innovative Geotechnical Engineering (RFI), with an aim to expand businesses in earth improvement construction in Vietnam. Raito Kogyo invested 51% of the 142 million yen capital.

Raito’s Mr. Kazuaki Hirai was appointed as President of the company, while President Le Quang Han of Fecon UCC has become Vice President. The inauguration ceremony was held on September 13 at Fecon UCC in Hanoi. (2015/09/15)