Minister of Transport Nguyen Van Thang (R) and Mr. Karan Adani, General Director of Adani Group (L) at their meeting in Hanoi on May 24 (Photo: Vietnam+)
Hanoi (VNA) – The Indian-based conglomerate Adani Group is working on a seaport investment project in Vietnam with an investment of about 2 billion USD, unveiled CEO of its Adani Ports and SEZ Limited (APSEZ) Karan Adani at his meeting with Vietnamese Minister of Transport Nguyen Van Thang in Hanoi.
Accordingly, Anadi plans to invest in technical infrastructure at Lien Chieu port serving the handling of general, bulk, liquid/gaseous cargo and containers.
Adani hopes to receive the support of the Ministry of Transport to translate the project into reality as quickly as possible, the CEO 𝓡said, expressed his hope to explore the prospect of investment in other seaports of Vietnam a💝nd on human resources collaboration to operate seaports, inland waterway ports, and ocean fleets.
The Indian-based conglomerate Adani Group and the Vietnam Maritime Corporation sign a memorandum of understanding on the strategy of cooperation in port and logistics development (Photo: Vietnam+)
With its advantage of long coastline, Vietnam can become a country with the largest transit port system in Southeast Asia, said the Minister.
The ministry is looking for port investors with financial capacity and experience, and is ready to remove difficulties and obstacles and create favourable conditions for investors and businesses, he affirmed.
Thang suggested Adani invest in a complex of port operation infrastructure and logistics industrial park at Lien Chieu and other ports in accordance with Vietnam’s current regulations.
On the same day, the Indian CEO had a meeting and signed a memorandum of understanding ꦬon cooperation strategy for port and logistics development with the Vietnam Maritime Corporation (VIMC).
With its advantage of long coastline, Vietnam can become a country with the largest transit port system in Southeast Asia. (Photo: Vietnam+)
