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UAE's leading corporations want to invest in strategic infrastructure in Vietnam

Việt NamViệt Nam28/10/2024


Leaders of the corporations attending the meeting included Mr. Tamer Wagih Salem, Chairman of Prime Group; Mr. Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports Group; Mr. Neils De Bruijn, Director of NDMC; Mr. Khaled Al Shemeili, Director of Emirates Car Company.

Abu Dhabi Ports Group (ADPG, 2006) is a leading developer and manager of port infrastructure, logistics and industrial parks in the UAE. In 2023, the Group achieved a turnover of approximately USD 3 billion.

ADPG's main business activities include maritime transport services with a fleet of more than 270 vessels of various types, connecting 84 seaports in 35 countries; logistics and transportation in 40 countries; infrastructure development in special economic zones; seaport management with 10 important ports and terminals, including Khalifa Port - one of the largest and most modern seaports in the world, commercial ports, container ports and ports supporting the oil and gas industry in Europe, Asia, and the Middle East; digital sector.

Hope that leading UAE corporations will invest in strategic infrastructure sector in Vietnam photo 1

Prime Minister Pham Minh Chinh received four leading UAE corporations led by Mr. Tamer Wagih Salem, Chairman of Prime Group (Photo: Thanh Giang).

NMDC Group (1976) is a leading marine contractor and project developer of large-scale marine and coastal infrastructure projects. NMDC specializes in providing innovative solutions for urban development or sustainable infrastructure projects; construction of port and related industrial land projects and services. In 2023, the Group achieved revenue of approximately USD 4.5 billion.

Emirates Driving Company (EDC, 2000) is a leading provider of driver education and road safety programs. EDC has partnered with the Swedish Roads Agency (SWEROAD) to integrate global best practices in driver education and road safety in the UAE.

Prime Group (1995) is a diversified business group with a large network in Egypt as well as the Middle East and Africa. Established in 1995, the group has more than 5,000 employees and focuses on strategic consulting.

Hope that leading UAE corporations will invest in strategic infrastructure sector in Vietnam photo 2

Prime Minister Pham Minh Chinh and Mr. Tamer Wagih Salem, Chairman of Prime Group (Photo: Thanh Giang).

At the meeting, the leaders of the corporations introduced their strengths, affirmed that Vietnam is a place with great potential for cooperation and investment, and presented plans and cooperation projects with Vietnamese partners, including VinGroup. Abu Dhabi Ports will open a representative office in Vietnam.

Prime Minister Pham Minh Chinh highly appreciated the positive results in business activities of UAE enterprises in recent times; supported and welcomed the cooperation plan with VinGroup, which is a smart choice with strategic vision; hoped that the cooperation between the two sides will continue to be expanded to further promote economic relations between the two countries in the coming time.

The Prime Minister said that Vietnam is promoting three strategic breakthroughs in institutions, infrastructure and human resources, including strategic transport infrastructure, especially airports, seaports and highways; he suggested that Abu Dhabi Ports and NDMC groups study and promote cooperation and investment in this field. Vietnam has more than 3,000km of coastline and a strategic location. Seaports are a strength of Vietnam. Currently, there are a number of large ports being deployed and built such as Lach Huyen (Hai Phong), Lien Chieu (Da Nang), Cai Mep - Thi Vai, Can Gio port (HCMC)... The development of seaports and airports not only serves the needs of the Vietnamese economy, which is currently among the 20 countries with the largest trade scale in the world, but the ports also play a transit role for the world.

Along with that, the Prime Minister encouraged corporations to research and promote cooperation in digital transformation and green transformation, such as the cooperation between Vinfast and Emirates Driving in electric vehicle production; the field of innovation; emerging fields such as artificial intelligence, cloud computing, Internet of Things, etc.

The Prime Minister also welcomed NDMC to strengthen cooperation with Vietnamese partners such as the Vietnam National Oil and Gas Group in the fields of gas exploitation, offshore wind power development, and implementation of sea reclamation projects; and suggested that Prime Group with its extensive network of partners will be a bridge to bring prestigious and potential investors to cooperate in investment and business in Vietnam in the coming time.

The Prime Minister said that Vietnam is aiming for development goals by the time of the 100th anniversary of the Party's founding (2030) and the 100th anniversary of the country's founding (2045), with a long-term strategy, breakthrough mechanisms and policies to attract foreign investment, one of Vietnam's growth drivers, in the spirit of open institutions, smooth infrastructure and smart governance. The Prime Minister stated that the Vietnamese Government always creates favorable conditions, in accordance with the provisions of the law, for UAE investors in general to invest and do business effectively and sustainably in Vietnam./.

Source: https://nhandan.vn/mong-muon-cac-tap-doan-hang-dau-uae-dau-tu-vao-linh-vuc-ha-tang-chien-luoc-o-viet-nam-post838962.html


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