On August 4, Mr. Chen Xiaohua, Member of the Standing Committee of the Party Committee and Deputy General Manager of CGGC, President of CGGC International, and President of CGGC Overseas Investment, visted Nguyen Chi Vinh, Minister of Planning and Investment of Vietnam in Hanoi, Capital of Vietnam. Both parties had a friendly communication on enhancing the mutual investment and cooperation.

Chen Xiaohua Visits Vietnam's Minister of Planning and Investment Nguyen Chi Vinh

Chen Xiaohua introduced the development history, overall strengths in engineering contracting and investment, global business layout and businesses of CGGC in Vietnam to Minister Nguyen Chi Vinh. He noted that, with strong technical strength, advanced project management concepts, rich experience in international operation and obvious investment and financing advantages, CGGC attaches great importance to the engineering contracting and investment businesses in Vietnam, and will accelerate the market deployment in such sectors as electricity, renewable energy, traffic infrastructures and real estate in Vietnam, advance the operation strategy of localization, and promote the economic and social development as well as the improvement of people's living standards in Vietnam by giving full play to its role as the bellwether of Chinese enterprises that go global and the leading enterprise in practicing the 'Belt and Road' Initiative.

Minister Nguyen Chi Vinh spoke highly of the good momentum for the development of political relations between China and Vietnam, the promotion of both countries' economic and trading cooperation, as well as the comprehensive strength of CGGC as a global large international contractor and investment operator. He noted that Vietnam is now vigorously pushing forward the economic construction, and has kept the rapid and healthy economic development for multiple years, attracting a pool of international funds to various sectors in Vietnam. He also noted that the Government of Vietnam warmly welcomes CGGC to extensively participate in the construction and investment in such sectors as energy infrastructures, transport construction and tourism real estate in Vietnam, and that the Government will offer fair, open and all-round superior services for the development of CGGC in Vietnam.

During the meeting, both parties had in-depth discussion about the policies for cooperation on investment, protection of investors' benefits, as well as some key projects, making positive achievements.

During his visit in Vietnam, Chen Xiaohua led a delegation to perform an in-depth investigation into the engineering contracting and investment market in Vietnam, visited Nguyen Ngoc Dong, Vice Minister of Transport, and Hong Xiaoyong, Chinese Ambassador to Vietnam, held the Vietnam Market Analysis Meeting, further analyzed the features, opportunities and challenges of the markets in Vietnam, sorted out the ideas for market development, and encouraged all the personnel to firm the confidence, unite together, work pragmatically and efficiently to make new breakthrough.

Ma Yingying, Deputy General Manager of CGGC International, Wang Tao, Deputy General Manager of CGGC Property, Zhang Deliang, Assistant to General Manager of CGGC Overseas Investment, and the principals of CGGC International Vietnam Office were also present.


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