Binh Duong signs cooperation and investment agreement with South Korea’s Daewoo E&C

On the afternoon of December 26, Vo Van Minh, Vice Secretary of provincial Party Committee and Chairman of provincial People's Committee hosted a meeting with Jung Wonju, Chairman of South Korea’s Daewoo E&C Group, to establish a cooperation and investment relationship between Binh Duong provincial People's Committee and Daewoo E&C.

Vo Van Minh, Vice Secretary of provincial Party Committee and Chairman of provincial People's Committee receives Jung Wonju, Chairman of South Korea’s Daewoo E&C Group

At the reception, Mr. Jung Wonju stated that Daewoo E&C hopes to collaborate with Becamex IDC in investing and developing urban development projects in Binh Duong in the near future. Accordingly, Daewoo will conduct research and market surveys for potential real estate and urban development projects while exploring opportunities for investment in other fields, including infrastructure development and traffic in Binh Duong province.

Mr. Minh welcomed Daewoo E&C's collaboration and investment in Binh Duong, particularly in the fields of infrastructure and real estate. He emphasized that Binh Duong is focusing on developing a modern and civilized urban area. Daewoo E&C’s decision to invest in urban development in Binh Duong is a sound choice as the local smooth and synchronous infrastructure system is being completed rapidly.

Provincial People's Committee Chairman believes that with the company’s capacity, experience and projects being implemented in Hanoi, Thai Binh..., it is sure that projects invested by the company in Binh Duong will be also successful. He pledged to promote the project's early formation while requesting provincial departments and sectors to guide and create all conditions for investment procedures so that the company can quickly deploy its  project in the province.

Reported by Ngoc Thanh-Translated by Kim Tin