Industrial Urban Development Joint Stock Company No. 2 is a Vietnam-based company engaged in the real estate development and operations industry. The Company develops houses, industrial and urban zones, residential areas, offices for rent and commercial centers for sale or lease. It also performs construction activities for such projects. In addition, it is involved in the provision of hotel, restaurant, tourism and educational services. The Company is a subsidiary of Industrial Zone Development Corporation (SONADEZI). It also announces that after acquiring more shares in Nhon Trach 2 Concrete Joint Stock Company (N2C), the Company has turned this former affiliate into its 62.16%-owned subsidiary.