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Sunwah Group plans to invest in steel production in Vietnam

The Hong Kong-based Sunwah Group wants to invest in steel production using high, environmentally-friendly technology in Vietnam, said Chairman Jonathan Choi.
Sunwah Group plans to invest in steel production in Vietnam ảnh 1Prime Minister Nguyen Xuan Phuc (R) receives Chairman of Hong Kong-based Sunwah Group Jonathan Choi (Source: VNA)

Hanoi (VNA) – The Hong Kong-based Sunwah Group wants to invest in steelproduction using high, environmentally-friendly technology in Vietnam and boostcooperation in education, solar energy and tourism with the country, said ChairmanJonathan Choi.

As it has relations with manyJapanese enterprises, the Sunwah Group plans to bring more Japanese businessesto Vietnam by establishing an investment fund with an initial capital of 200million USD, Choi told Vietnamese Prime Minister Nguyen Xuan Phuc on thesidelines of the sixth Greater Mekong Sub-region (GMS) Summit in Hanoi on March30.

Besides Japanese enterprises,Choi affirmed to do his utmost to bring more foreign investors to Vietnam,since he considers Vietnam as his second home.

He also revealed that Sunwah willcoordinate with the Vietnamese Embassy in Beijing to organise tourism promotionactivities in the northeastern region of China later this year.

PM Nguyen Xuan Phuc spoke highlyof Sunwah’s business activities and its plan to expand presence in Vietnam inthe time ahead.

He expressed his hope that Sunwahwill continue investing in the fields of its strength and affirmed that theVietnamese Government will create more favourable conditions for the group.-VNA
VNA
#Hong Kong #Chairman Jonathan Choi #Prime Minister Nguyen Xuan Phuc #sixth Greater Mekong Sub-region (GMS) Summit #steel production #Vietnamplus #Vietnam News Agency
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