According to the MOU, JTA Investment Qatar is interested in strategic cooperation opportunities in Vingroup's core business areas, especially two pillars: technology - industry and trade and services.
For the technology-industry pillar , JTA Investment Qatar is studying the opportunity to invest a minimum of $1 billion in equity in VinFast, as well as a strategic partnership to support the electric car company in technology development and global expansion.
For the trade and service pillar, JTA Investment Qatar is considering investing in 5-star hotel - resort and entertainment complexes managed and operated by Vinpearl, located at the top tourist attractions in Vietnam.
Furthermore, JTA Investment Qatar and Vingroup are also actively negotiating towards establishing a joint venture with the aim of expanding and enhancing Vinpearl's services (hotels and resorts, amusement parks and golf courses), especially in tourism markets with high growth potential to promote Vinpearl's strong position.
The MOU states that both parties will intensify discussions and commit to pursuing common goals for mutual benefit. JTA Investment Qatar will leverage its investment expertise, financial resources and extensive network of partners to support Vingroup’s strategic business activities, including VinFast and Vinpearl.
Meanwhile, Vingroup will contribute its experience, implementation capacity, advantages from its leading position in the domestic market and strong global development potential. These factors contribute to exploiting promising business opportunities and realizing the common mission of both parties in areas such as technology, infrastructure and tourism.
“Leveraging our expertise and resources in areas such as energy, technology, infrastructure and tourism, we are honored to contribute to the strategic goals and promising business areas of Vingroup , especially VinFast and Vinpearl. This cooperation agreement will create mutually beneficial business opportunities as Vingroup strengthens its international presence,” said Dr. Amir Ali Salemi, founder and CEO of JTA Investment Qatar.
Ms. Le Thi Thu Thuy, Vice President of Vingroup , shared: "We are honored to cooperate with JTA Investment Qatar and believe that this cooperation can open up great opportunities for Vingroup and its member companies. Together, we will promote sustainable technology, infrastructure and economic development in Vietnam, while creating a solid launch pad for international expansion. With the combination of expertise and capacity of the Vingroup ecosystem and the experience and resources of JTA Investment Qatar, we hope and believe in the success of breakthrough cooperation projects in key areas such as electric vehicles and tourism, while creating a better life for everyone."
As the leading private corporation in Vietnam, Vingroup is increasing its global presence, notably VinFast's expansion strategy into key markets such as North America, Europe, India, Southeast Asia and the Middle East./.
Vietnam.vn
Comment (0)