HANOI, Vietnam - Peikko Group, a global leader in concrete connections and composite structures, has officially inaugurated its new office in Hanoi, Vietnam. This strategic expansion reflects the company's dedication to fostering sustainable construction practices across Southeast Asia and aligns with Vietnam's growing emphasis on eco-friendly urban development.
Supporting Vietnam's Rapid Urbanization
Vietnam's construction sector, growing at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2028, is bolstered by an estimated US$50 billion in annual infrastructure investments. As the Vietnamese government prioritizes sustainable urban growth, the demand for low-carbon building technologies - particularly precast concrete solutions - is surging at an impressive 12% yearly growth rate. Peikko's expertise in efficient, waste-reducing, and safety-focused technologies positions the company as an ideal partner for the nation's evolving needs.
The new Hanoi office will serve as an operational hub, enabling Peikko to deliver advanced precast concrete solutions tailored to Vietnam's rapid urbanization and infrastructure goals. By establishing a local presence, the company aims to collaborate directly with developers, architects, and contractors to deliver faster, safer, and more sustainable building solutions.
A Commitment to Sustainability and Innovation
"We're bringing Peikko's expertise to Vietnam's sustainable growth trajectory", said Michal Horak, APAC Vice President. "With robust sector expansion and green policies, our local presence will deliver innovative solutions - from Bolted Connections, Flooring Solutions, and DELTABEAM® Slim Floor Structure - addressing urbanization and carbon goals while underscoring our Southeast Asia commitment."
Peikko's advanced construction technologies and modular designs emphasize both sustainability and efficiency. "Our advanced construction technologies and modular designs enable faster construction while reducing material waste - key advantages for Vietnam's growing cities. With our focus on seismic resilience and low-carbon construction, we're not just building structures; we're helping shape Vietnam's sustainable future", stated Bin Zhu, Chief Engineer.
A Gateway to Regional Growth
Peikko’s Vietnam expansion is part of the company’s broader strategy to strengthen its footprint in the Asia-Pacific region. Building on its success in markets like China, Malaysia, and Australia, the new office will act as a gateway for regional growth. The company aims to advance Southeast Asia’s sustainable and resilient built environment by fostering collaboration with premium partners and leveraging its global experience in carbon-reducing solutions.
About Peikko Group
Founded in 1965 and headquartered in Lahti, Finland, Peikko Group Corporation operates in over 30 countries, with manufacturing facilities in 12 of them. The company is a leading supplier of slim floor structures, wind energy applications, and connection technology for precast and cast-in-situ construction. Peikko employs more than 2,000 professionals worldwide, delivering innovative solutions for a sustainable future.
With its latest move into Vietnam, Peikko reaffirms its commitment to driving sustainable construction innovations in one of the world’s fastest-growing markets.
