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Leading construction corporation ties up with foreign partner

The Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex) signed a memorandum of understanding on cooperation in developing projects with CPG International Pte Ltd, a subsidiary of Singapore-based CPG Group, on March 5.
Leading construction corporation ties up with foreign partner ảnh 1Vinaconex and CPG International Pte Ltd sign a memorandum of understanding on cooperation in developing projects (Source: VNA)

Hanoi (VNA) – The Vietnam Construction and Import-Export Joint StockCorporation (Vinaconex) signed a memorandum of understanding on cooperation indeveloping projects with CPG International Pte Ltd, a subsidiary ofSingapore-based CPG Group, on March 5.

This is the first time Vinaconex hasjoined hands with a foreign partner since it was equitised in 2008.

The two sides discussed win-wincollaboration opportunities on the basis of promoting their strengths.

Vinaconex Chairman Dao Ngoc Thanhsaid his corporation is operating in diversified aspects, but its strongestfield is construction. The partnership between the two sides will help theconstruction of the corporation’s large-scale projects.

Vincent Loh, Chief Executive Officerof CPG International, stated that the company is one of the leading firms inAsia-Pacific in construction and infrastructure development and management.

At present, the CPG hasrepresentative offices in more than 20 nations, including Vietnam. In theSoutheast Asian nation, it has proved its capacity through its participation insuch major projects as Noi Bai International Airport’s Terminal T2, Yen So Parkin Hanoi, Golden Square Da Nang and Van Giang Ecopark urban area in Hung Yenprovince, and several projects of Vingroup.-VNA
VNA
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