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Hope that large Chinese corporations and enterprises will cooperate to develop strategic infrastructure in Vietnam

Báo Nhân dânBáo Nhân dân24/06/2024


Receiving Mr. Ton Vinh Khon, Chairman of the Board of Directors and Leader of Dalian Locomotive and Rolling Stock Company, China (CRRC), Prime Minister Pham Minh Chinh suggested that CRRC participate in infrastructure development, especially large-scale infrastructure projects, regional railways and urban railways in Vietnam.

Mr. Ton Vinh Khon said that CRRC is a state-owned enterprise, established in 1899 with the main field of manufacturing locomotives, urban railway vehicles, express trains and new energy locomotives. Currently, the Company has exported products to 32 countries including Vietnam; revenue in 2023 is 2.2 billion USD. CRRC wishes to continue providing railway products to Vietnam such as electric locomotives, diesel locomotives; cooperate in manufacturing railway transport products and new energy products in Vietnam. In particular, CRRC wishes to cooperate in inter-regional, inter-provincial and urban railway projects in Vietnam, especially urban railway lines in Hanoi , Ho Chi Minh City, etc.

Hope that large Chinese corporations and enterprises will cooperate to develop strategic infrastructure in Vietnam photo 1

Scene of Prime Minister Pham Minh Chinh receiving leaders of Dalian Locomotive and Carriage Company Limited.

Prime Minister Pham Minh Chinh highly appreciated the achievements and contributions of Dalian Locomotive and Rolling Stock Company to the development of China's transport infrastructure; said that the Vietnam-China relationship is constantly being nurtured, along with political relations, economic cooperation is being promoted to develop accordingly. In December 2023, Vietnam and China signed a Joint Statement on continuing to deepen and elevate the Comprehensive Strategic Cooperative Partnership, building a Community of Shared Future of strategic significance. In particular, the two sides agreed to connect standard gauge railways across the border, which is an important infrastructure system to promote Vietnam-China economic and trade cooperation, including: Lao Cai-Hanoi-Hai Phong standard gauge railway; Dong Dang-Hanoi; Mong Cai-Ha Long-Hai Phong.

According to the Prime Minister, Vietnam has more than 2,000km of railway with over 300 stations. Previously, there was a railway route connecting Vietnam-China-Russia and Europe. In the past, railway development has not received due investment. In the new situation, with new awareness, Vietnam wants to strongly develop this type of transport. Along with the north-south railway, develop inter-regional railway routes such as Lao Cai-Hanoi-Hai Phong; Dong Dang-Hanoi; Mong Cai-Ha Long-Hai Phong; Ho Chi Minh City-Can Tho; and urban railway routes in Hanoi and Ho Chi Minh City.

The Prime Minister proposed that China, including CRRC, support and cooperate with Vietnam in developing the railway industry; promote the transfer of science and technology; train human resources; and provide financial support for Vietnam in developing railways. The company will research and cooperate with the Vietnam Railway Corporation in manufacturing and transferring technology in manufacturing locomotives and carriages to serve current transport operations and also as a basis for cooperation in manufacturing locomotives and carriages for future high-speed railway projects; CRRC will participate in railway projects in Vietnam; continue to cooperate closely with Vietnamese enterprises to participate in the construction of quality and effective railway projects, which is a testament to the special cooperation between the two countries.

Regarding CRRC's desire to participate in projects in the fields of energy and infrastructure, Prime Minister Pham Minh Chinh proposed to continue coordinating with relevant ministries, branches and localities of Vietnam to research and learn information to develop new projects; affirming that the Government always accompanies, supports and creates all favorable conditions for enterprises, including Chinese enterprises, to carry out investment and business activities effectively and sustainably in compliance with legal regulations.

Next, Prime Minister Pham Minh Chinh also received Mr. Wang Xiaojun, Vice President of the Group and leaders and senior officials of the Power Construction Corporation of China (PowerChina); proposed that PowerChina not only continue to cooperate and invest in the energy sector but also expand cooperation and investment in Vietnam in the field of renewable energy, especially in infrastructure development, especially transport infrastructure.

Hope that large Chinese corporations and enterprises will cooperate to develop strategic infrastructure in Vietnam photo 2

Prime Minister Pham Minh Chinh received Mr. Wang Xiaojun, Vice President of China Power Construction Corporation. (Photo: THANH GIANG)

Mr. Vuong Tieu Quan said that PowerChina Group operates in many industries and fields such as energy, highways, railways, ports and waterways, airports, housing, industrial parks, urban engineering, urban railways, etc. In 2023, the Group will operate in 130 countries and achieve revenue of 571 billion yuan (about 80 billion USD). Entering Vietnam in 2000 in the energy sector, PowerChina has so far cooperated with many large projects such as: Lai Chau and Son La Hydropower Plants; Vinh Tan Coastal Thermal Power Center; more than 23 solar power projects; 9 offshore wind power projects; 16 onshore wind power projects; 2 waste-to-energy projects in Can Tho and Hanoi, with a total contract value of more than 9 billion USD.

PowerChina is interested in investing and constructing pumped storage hydropower projects in Vietnam; developing wind power projects in the northern region; developing integrated LNG projects in Vietnam; and is especially interested and desires to participate in investing in the infrastructure sector, especially transport infrastructure in Vietnam.

Hope that large Chinese corporations and enterprises will cooperate to develop strategic infrastructure in Vietnam photo 3

Scene of Prime Minister Pham Minh Chinh receiving Vice President of China Power Construction Group Wang Xiaojun. (Photo: THANH GIANG)

Prime Minister Pham Minh Chinh congratulated and highly appreciated the impressive cooperation results between Power China and Vietnamese partners; said that Vietnam is perfecting the institutions related to direct electricity trading, rooftop solar power, self-produced and self-consumed electricity, and hopes that PowerChina will study cooperation with Vietnam in the energy sector, especially renewable energy. In particular, as an enterprise with experience in participating in the high-speed railway project from Beijing to Shanghai, building more than 2,000km of high-speed railway, 800km of subway, etc.,

The Prime Minister proposed that PowerChina cooperate with Vietnamese partners to participate in the implementation of large-scale infrastructure projects in Vietnam such as expressways, high-speed railways, inter-regional railways, and urban railways in Vietnam. Along with that, he suggested that the Group continue to cooperate and support Vietnam in proposing new investment ideas and projects; transferring solutions, management experience, modern technology, new economic models; attracting investment capital, development support, investment funds, financial institutions and especially multinational corporations.

Prime Minister Pham Minh Chinh also hopes that PowerChina will study cooperation in Vietnam's priority areas such as forming energy industry centers associated with concentrated industrial parks, processing and manufacturing centers; developing the energy equipment manufacturing industry; cooperating and developing human resources in the fields of power generation, transmission, distribution, dispatching, smart grids, etc.

The Prime Minister affirmed that the Government is committed to accompanying, supporting and creating the most favorable conditions for Chinese enterprises in general and PowerChina in particular to deploy investment and operate projects successfully, effectively, with mutual benefits, "harmonious benefits, shared risks".



Source: https://nhandan.vn/mong-muon-cac-tap-doan-doanh-nghiep-lon-trung-quoc-hop-tac-phat-trien-ha-tang-chien-luoc-tai-viet-nam-post815874.html

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