TEAMG Invests ฿3.6m to Establish “iGL Synergy” for Business Expansion in Lao PDR

Team Consulting Engineering and Management Public Company Limited (TEAMG) has informed that Geotechnical & Foundation Engineering Company Limited, a subsidiary of TEAMG holds 100% share, which provides consulting services in geotechnical engineering, foundation, and underground structure has planned to invest in a new company in the Lao People’s Democratic Republic (Lao PDR) under the name iGL Synergy Co., Ltd.
The investment will have proceeded through a joint venture with ILF Consulting Engineers (Asia) Limited, which provides engineering and management consulting services and a group of Lao businessmen who possess a field of expertise in business development, marketing, and management.

iGL Synergy Co., Ltd has a registered capital of LAK 1,000,000,000 or representing ฿3,629,000 (Foreign exchange rate as of May 31, 2019: THB 0.3629 / LAK 100). The office location is CSE Building, Nongbone Road, Unit 8, Nongbone, Saysettha, Vientiane, Lao PDR.
According to the investment, TEAMG expects to expand and increase business opportunities in Lao PDR and to create sustainability in Lao PDR business.