Congo Press: Vingroup Brings Innovation to Africa

Recently, Ms. Le Thi Thu Thuy, Vice President of Vingroup , met with Congolese President Felix Tshisekedi and Prime Minister Judith Suminwa. The meeting took place when Vingroup is about to launch a series of investment activities in the African country.

Congolese media described the event as a “strategic turning point opening a new era of cooperation between Congo and Vietnam”, and affirmed that Vingroup is a partner with the capacity, vision, and goodwill to develop in harmony with the National Action Program of the Congolese Government .

The beginning of a series of regional projects

The signing of a Memorandum of Understanding (MoU) between the Kinshasa Capital Government (Congo) and Vingroup Corporation has been the focus of the Central African country's media in recent days. According to the agreement, the two sides will cooperate in researching and developing large-scale urban projects and green transport in Congo.

Congolese press paid special attention to the meeting between Congolese President Felix Tshisekedi and Ms. Le Thi Thu Thuy, Vice President of Vingroup Corporation.

“I was honored to meet His Excellency President Félix Tshisekedi and clearly felt his strong support for sustainable cooperation that brings long-term benefits,” the official portal of the Democratic Republic of Congo (Présidence.cd) quoted Ms. Thuy as saying after the meeting.

Regarding Vingroup, Congo's national news agency ACP assessed this as "a corporation from Vietnam that brings large-scale investment projects, capable of creating jobs for people and promoting cooperation between Vietnam and the Democratic Republic of Congo".

Before the meeting with the President, the Vice President of Vingroup also had a working session with Prime Minister Judith Suminwa, who is leading a comprehensive reform program to increase international investment attraction and modernize the economy .

Congo's leading newspaper - La Percee published information that the Prime Minister of the Democratic Republic of Congo - Mrs. Judith Suminwa Tuluka and Congolese Government leaders had a working session with a Vingroup delegation to prepare for cooperation projects between the two sides.

Appreciating Vingroup's cooperation initiative and sustainable development vision, Prime Minister Judith Suminwa affirmed that the projects proposed by the Vietnamese corporation are completely consistent with the Government's Action Program, directly meeting the people's needs for housing, infrastructure, education and employment.

“Prime Minister Judith Suminwa welcomes Vingroup’s approach and believes that their projects are fully aligned with the Government’s vision of attracting reliable partners and promoting mutually beneficial public-private partnerships,” political news site Beto.cd commented.

This news site also describes Vingroup as a “Vietnamese giant” bringing courage and innovative spirit to Africa, accompanying the Congolese Government on the path of sustainable development.

President of the Democratic Republic of Congo - Mr. Félix Tshisekedi (2nd from right), Prime Minister of the Democratic Republic of Congo - Ms. Judith Suminwa Tuluka (far right) and Ms. Le Thi Thu Thuy - Vice President of Vingroup (2nd from left) during the cooperation exchange in Congo (Photo source: https://presidence.cd/)

Meanwhile, Le Quotidien RDC gave many compliments to Vingroup, emphasizing that this is a pioneering enterprise of Vietnam with the ability to develop comprehensively in many core areas. Therefore, the signing between the Vietnamese corporation and the Kinshasa city government marks the beginning of a series of integrated projects of regional scale.

“The investment climate in the Democratic Republic of Congo is improving strongly, reflecting the results of the far-reaching reforms initiated and directed by Prime Minister Judith Suminwa. This transformation is making Congo a destination for international strategic investors,” Le Quotidien RDC wrote.

Ideal partner in the new era

Le Quotidien RDC emphasized that Vingroup is fully ready in terms of capacity to invest in the Democratic Republic of Congo in the fields of agriculture, health, road infrastructure, education, real estate and many other projects. "Vingroup's goal is to accompany the Government on the journey to create a prosperous Congo," Le Quotidien RDC quoted the opinion of the Vice President of Vingroup.

Observers in Kinshasa also consider Vingroup an “ideal partner” in the context of the Congolese Government implementing the Action Program 2024–2029, with the goal of industrialization, urban development and improving social welfare.

Congolese media said the presence of Vingroup will contribute to improving people's access to services, especially green transportation and real estate.

According to Africa-Press, this program was approved by the Congolese National Assembly on June 11, 2024, with a total budget of 92.9 billion USD in 5 years, allocated according to 6 priority pillars: Creating jobs and protecting people's purchasing power; Ensuring security and protecting national territory; Territorial planning and developing infrastructure connectivity; Ensuring access to basic social services; Improving the efficiency of public administration; Protecting ecosystems and responding to climate change.

Prime Minister Judith Suminwa said the program will be mobilized from both public and private resources, opening up a wide space for cooperation with capable and reputable international partners.

Therefore, the Congolese media has high expectations for the appearance of large enterprises like Vingroup in the African country. “By developing its fields of activity in Congo (real estate, tourism, automobiles, industry and infrastructure), Vingroup will create jobs, protect consumer purchasing power, contribute to diversifying the economy and improve access to basic social services,” Présidence.cd concluded.

Ha An

Source: https://vtcnews.vn/bao-chi-congo-vingroup-mang-tinh-than-doi-moi-toi-chau-phi-ar983671.html