Company Introduction 02/01/2024, 11:09

Adani Group of India pledges to invest 10 billion USD in Vietnam

On the afternoon of May 24, at the Government Headquarters, Prime Minister Pham Minh Chinh met Mr. Karan Adani, General Director of the Port and Special Economic Zone Company. The company is a part of the Adani Group, one of the biggest economic groups in India, researching, surveying and seeking more investment opportunities in Vietnam.

Adani Group of India pledges to invest 10 billion USD in Vietnam

Mr. Karan Adani, General Director of Adani Port and Special Economic Zone Company, said that Adani is the largest economic group in India operating in the fields of seaports, transportation, logistics, energy, digital technology, etc. in more than 50 countries around the world. Besides, the group is committed to long-term investment in Vietnam with a total investment of about 10 billion USD, not only in the field of seaports, logistics, but also in the fields of energy and digital technology. In which, Adani wishes to build a seaport ecosystem in the direction of greening and investing in wind and solar power plants in Vietnam, with a total capital of about 3 billion USD, in line with Vietnam's development strategy.

According to the Prime Minister, Vietnam has great potential in terms of sea transportation, seaport ecosystem development, renewable energy, especially wind power, solar power; Adani Group welcomes the policy of investing in Vietnam in these fields, first of investing in Lien Chieu Port, Da Nang, as well as renewable energy projects in Vietnam.

The Prime Minister affirmed that the Government of Vietnam is ready to create favorable conditions for Adani Group to continue researching other investment projects in Vietnam, and at the same time taking the lead in encouraging more investors to come to Vietnam; hoping that Adani Group will effectively coordinate with Vietnamese partners to have specific results in investment activities in Vietnam.

BAO CHINH PHU/ TRANSLATOR: NGỌC ÁNH
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