The company had its origins in A. Montevenoux, a dredging company based in Saigon. After being awarded an 8-year dredging contract in Vietnam, the name was changed in 'Societe Francaise Industrielle d'Extreme Orient'. and was subsequently renamed 'Societe Francaise d'Entreprises de Dragage et Travaux Publics' (S.F.E.D.T.P.) after this contract expired.
Theb company was absorbed in 1970 by 'Regie Generale de Chemin de Fer et de Travaux Publics' and 'L'Entreprise de Grands Travaux'.
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