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 'Société Francaise Industriëlle d'Extreme Orient'. and was subsequently renamed 'Société 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 'Régie Générale de Chemin de Fer et de Travaux Publics' and 'L'Entreprise de Grands Travaux'.
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