31/03/2018 12:30 GMT+7 Email Print Like 0

Sunwah Group plans to invest in steel production in Vietnam

The Hong Kong-based Sunwah Group wants to invest in steel production using high, environmentally-friendly technology in Vietnam and boost cooperation in education, solar energy and tourism with the country, said Chairman Jonathan Choi.

As it has relations with many Japanese enterprises, the Sunwah Group plans to bring more Japanese businesses to Vietnam by establishing an investment fund with an initial capital of 200 million USD, Choi told Vietnamese Prime Minister Nguyen Xuan Phuc on the sidelines of the sixth Greater Mekong Sub-region (GMS) Summit in Hanoi on March 30.

Besides Japanese enterprises, Choi affirmed to do his utmost to bring more foreign investors to Vietnam, since he considers Vietnam as his second home.

He also revealed that Sunwah will coordinate with the Vietnamese Embassy in Beijing to organise tourism promotion activities in the northeastern region of China later this year.

PM Nguyen Xuan Phuc spoke highly of Sunwah’s business activities and its plan to expand presence in Vietnam in the time ahead.

He expressed his hope that Sunwah will continue investing in the fields of its strength and affirmed that the Vietnamese Government will create more favourable conditions for the group.
VNA/VNP