Adani Group commits to strategic investment of 10 billion USD in Vietnam

According to information from the Ministry of Foreign Affairs , at the reception, General Secretary To Lam expressed satisfaction with the Vietnam-India Comprehensive Strategic Partnership which is developing well with high strategic trust.

The General Secretary stressed that the two countries need to further strengthen cooperation in all fields, especially promoting economic , trade and investment relations commensurate with their potential.

He shared that Vietnam is actively implementing strategic breakthroughs, prioritizing the development of science and technology, innovation and digital transformation, and developing the private economy in the spirit of creating all favorable conditions for businesses, including domestic and foreign-invested enterprises, to have the opportunity to develop investment and business projects, contributing to the country's development.

In that spirit, Vietnam always welcomes foreign enterprises, including Indian enterprises, to expand investment in Vietnam.

Chairman Gautam Adani expressed his admiration for Vietnam's vision and strategy for national development.

He said that Adani Group has many years of experience in operating, directly investing and operating many large projects in important fields such as seaports, airports, transportation, logistics, energy, digital technology in India and many countries around the world, including Mundra port - the largest seaport in India. At the same time, Adani is also the largest energy supplier in India.

He reported to the General Secretary about the group's operations and vision in Vietnam, affirming his desire to commit to long-term strategic investment with a total expected investment capital of up to 10 billion USD in areas where the group has strengths.

Mr. Gautam Adani affirmed that with the group's capacity and experience in India as well as many countries around the world, the group is ready to contribute to the development of Vietnam, especially in the areas that Vietnam is interested in such as strategic infrastructure, energy, renewable energy, and new technology.

He expressed his wish to continue receiving attention and favorable conditions from the Vietnamese Party and State for the group's activities in Vietnam.

General Secretary To Lam congratulated the Adani Group on its important achievements and contributions to India's economic development; highly appreciated the group's interest in and development of a long-term investment strategy in Vietnam, thereby contributing to strengthening cooperation and connecting the two economies of Vietnam and India.

The General Secretary acknowledged the proposals and requested the group to proactively work with competent ministries, branches and localities to discuss and clarify requirements and cooperation directions, thereby promoting the rapid implementation of projects of interest.