Secretary of provincial Party Committee works with China’s Pacific Construction Group

Hailing the Ninh Binh’s potential, strengths and development prospects after merging, Yan believed that the province would soon become a centrally-run city.

He also shared his viewpoints, ways and experiences in developing infrastructure, especially transport infrastructure.

Currently, the Pacific Construction Group is carrying out a strategy called “Go Global” that establish long-term cooperative ties with many countries and territories, in particular those in Southeast Asia, Central Asia, Eastern Europe and Africa, Yan said.

In 2024, the Pacific Construction Group ranked 161^st among the world’s 500 leading enterprises worldwide in the Fortune Magazine rankings and ranked 47^th out of the 500 biggest companies in China.

In Vietnam, the Group has signed cooperative agreements to invest in some projects such as Tu Lien bridge, urban railway No.5 (Van Cao Hoa Lac). It will carry out other projects in Quang Ninh province in the coming time.

After studying investment opportunities, thePacific Construction Group found that Ninh Binh boasts numerous favourable conditions and investment potential.

Yan expressed his desire for long-term cooperation with Ninh Binh province. Accordingly, he proposed Ninh Binh province assign a focal agency to directly work with the Group in the process of cooperation and implementation of tasks and projects in the province.

Secretary of the provincial Party Committee Dang Xuan Phong said that after the merger, Ninh Binh province has many potential and advantages in terms of space, people and culture for development. Ninh Binh strives to become a centrally-run city by 2030. To achieve the above goal, Ninh Binh hopes to receive investment cooperation from domestic and foreign enterprises, especially large corporations with potential and strategic vision such as the Pacific Construction Group.

Phong assigned the Department of Construction to be the focal agency to coordinate with representatives of the Group to deploy work in the coming time.

He expressed his belief that there will be regular exchanges, discussions, and thorough research between the Group and Ninh Binh province to promote the advantages of both sides, and soon come up with a way to approach, mobilise resources, and specific implementation time for works and projects./.