On the afternoon of June 17 in Hanoi, Deo Ca Group and Samsung C&T met to explore cooperation on railway and road projects, opening new prospects for both sides.

Overview of the working session (Photo: Viet Trung)

Both sides expressed their desire for future cooperation. Mr. Ho Minh Hoang, Chairman of Deo Ca Group, highlighted the favorable investment environment and legal framework for transport infrastructure projects in Vietnam.

"We believe new Vietnamese regulations, especially on PPP, will benefit foreign investors. Our cooperation on key national railway projects will enhance efficiency for both sides and contribute to Vietnam's transport infrastructure," Mr. Ho Minh Hoang emphasized.

Vietnam's 2021 PPP Law benefits foreign investors with foreign currency access, revenue sharing, tax incentives, land use rights, clear investor selection, and standard contracts, fostering favorable and transparent investment conditions.

Mr. Harrison H.G. Park, Samsung C&T's VP and Head of Global Business Development for Infrastructure and Civil, expressed a strong desire to closely cooperate with Deo Ca Group, affirming that their extensive experience in infrastructure construction will benefit both parties.

Mr. Harrison H.G. Park - Vice President of Samsung C&T Company (Photo: Viet Trung)

Deo Ca Group and Samsung C&T believe their cooperation will lead to successful projects benefiting both businesses and the community. They agreed to continue discussions to further establish their partnership.

The two sides agreed to continue to have more specific discussions

Founded in 1938, Samsung C&T is a global leader in infrastructure, real estate, energy, and resources. Notably, they are involved in the 176 km Riyadh Metro Project in Saudi Arabia, constructing lines 4, 5, and 6 with cutting-edge technologies.

TT