PM calls on Chinese investors to heed technology, environment

Prime Minister Nguyen Xuan Phuc has called on Chinese businesses to increase their investment in important sectors in Vietnam, with attention paid to technological and environmental issues.
PM calls on Chinese investors to heed technology, environment ảnh 1Prime Minister Nguyen Xuan Phuc (R) and Chen Yilong, Chairman of Sunshine Kaidi New Energy Group Co Ltd. (Source: VNA)
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has called on Chinesebusinesses to increase their investment in important sectors in Vietnam, withattention paid to technological and environmental issues. 

Hemade the appeal at a reception for Chen Yilong, Chairman of Sunshine Kaidi NewEnergy Group Co Ltd., and Jiang Rongjian, Deputy Director of China HuarongAsset Management Co Ltd. in Hanoi on July 31.

ThePM suggested the two companies establish cooperation to carry out jointprojects.

ChenYilong said Kaidi, Huarong and Hanoi General Import and Export JSC (Geleximco)of Vietnam set up an international investment fund worth 15 billion USD.

Kaidiis keen on investing in thermo-electric plants in Vietnam and commits to buildingenvironmentally-friendly factories with cutting-edge equipment and technologiesand highest environmental standards, helping the country meet its energydemands, he said.

Headded that the company is also interested in investing in Vietnam’s majorinfrastructure projects like airports, seaports, logistics services and urbanexpressways, thus contributing to the country’s development.  

Forhis part, Jiang Rongjian said Huarong is China’s largest unit in asset, financeand monetary management with its assets valued at 220 billion USD in 2016.

Kaidiis Huarong’s long-term partner, he said, noting that his company hopes toparticipate in a number of big investment projects in Vietnam.

Applaudingideas raised by the two companies, PM Nguyen Xuan Phuc said withstate-of-the-art technologies, high environmental standards and on-scheduleprogress, the companies will actively contribute to the relations betweenVietnam and China.

Heemphasised the Vietnamese Government’s viewpoints on suitable structure of coal-fueledthermo electricity and renewable energy, saying that Kaidi-invested thermopower plants in Vietnam have been listed in the national Power DevelopmentMaster Plan VII.

Theleader suggested Kaidi have specific working sessions with competent Vietnameseagencies to discuss the projects.-VNA 
VNA

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