Chinese firm urged to bolster infrastructure cooperation with Vietnam

Deputy Prime Minister Tran Hong Ha has asked the China Communications Construction Company (CCCC) to make practical proposals for infrastructure, construction, transport, and agricultural cooperation as a mean of realizing the high-level agreements between the two Parties and nations.

At a recent reception for CCCC Executive Director Wang Haihuai in Hanoi, Ha greatly valued the CCCC’s road, railway, and renewable energy infrastructure projects and suggested the company proactively consider and take part in priority infrastructure development projects in Vietnam, especially the North - South high-speed railway, along with the Hanoi - Hai Phong - Lang Son and the Hanoi - Mong Cai - Lao Cai rail routes to connect Vietnam with Chinese localities and some other countries.

These are priority projects needing to be implemented as soon as possible, he noted, asking the CCCC to soon access Vietnamese partners and study both sides’ legal regulations to ensure the most effective collaboration in terms of design, technology selection, management, and operation, thus heralding a new stage of infrastructure development in Vietnam as well as for the company’s ties with Vietnamese partners.

The official glowingly spoke of the CCCC’s green transition and renewable energy facilities and technologies in China, voicing his hope that its cooperation in Vietnam will help local businesses access new technologies and govern more efficiently.

The CCCC’s facilities and projects in Vietnam will become symbols of the two countries’ relations and open up investment and business opportunities in other fields for the firm, he said.

For his part, Wang said over the last 30 years, his firm has carried out more than 30 projects in Vietnam such as seaports, onshore wind power plants, and industrial parks with total contract value exceeding US$3 billion.

Extensive integration, a favourable legal corridor, and a strongly improved investment climate are optimal conditions for foreign businesses to operate in the Southeast Asian nation, he said.

He stated that the CCCC is closely following the important transport projects connecting Vietnam with Chinese localities, along with the North - South high-speed railway and metro lines in Hanoi and Ho Chi Minh City.

The Executive Director also assured the readiness to carry out wind power projects using the most advanced technologies in Vietnam.