VOV.VN - Prime Minister Pham Minh Chinh met with leaders of several Chinese conglomerates on September 16 in Nanning city of China’s Guangxi province to mark the occasion of his attendance at the 20th China-ASEAN Expo (CAEXPO) and China-ASEAN Business and Investment Summit (CABIS) there.
Receiving Chen Yun, chairman of the Executive Board of China Railway, PM Chinh praised the company’s global reach and sustainability with its 381 branches across 105 countries.
Chen said the company is now the main contractor of several urban railway projects in Hanoi, wind power projects in Dak Nong province, and a tire manufacturing plant in Tien Giang.
He used the occasion to express an interest in engaging in the construction of transportation projects throughout the nation, such as the North-South and the Lao Cai - Hanoi - Hai Phong express railways, as well as the Hanoi urban metro line.
As part of efforts to further develop infrastructure, PM Chinh said the country is stepping up public-private partnership, striving to have 5,000km of highways, complete the first stage of the Long Thanh international airport and 1,700km of coastal roads from Quang Ninh to Ca Mau by 2030.
According to him, the nation plans to build railway lines such as the Lao Cai – Hanoi - Hai Phong with a total length of roughly 388km and a cost of US$11 billion, the Vung Ang – Laos with the Vietnamese section stretching 103km and costing US$1.6 billion, and the Hanoi – Ho Chi Minh City with around 1,545km and a combined investment of some US$62 billion.
The Vietnamese leader therefore welcomed the Chinese enterprises and the China Railway in particular to expand their operation in the country in the spirit of harmonising interests and sharing risks.
He suggested the China Railway continue working alongside relevant Vietnamese ministries and localities as part of efforts to develop new projects in Vietnam, including the Lao Cai – Hanoi – Hai Phong express railway linking with the Kunming-Hanoi-Hai Phong economic corridor.
In a reception held for Wang Xiaojun, deputy general manager of Power China which ranked 100th on the Fortune Global 500 list and 29th among the top 500 Chinese enterprises in 2022, the Vietnamese Government leader hailed the company’s plans to expand operations in energy in the country in the near future, especially in wind power and liquefied natural gas electricity projects.
The Vietnamese Government pledged all possible support to Chinese firms and Power China in particular, he said, adding that it recently approved the National Power Development Plan for the 2021 to 2030 period with a vision towards 2050. In line with this, renewable energy sources, especially onshore and offshore wind power, will be a foundation of Vietnam's long-term energy security.
He suggested that Power China explore co-operation in the nation’s priority areas, including infrastructure, which is one of the country’s three strategic breakthroughs. Specifically, he proposed exploring the possibility of investing in the China - Quang Ninh - Hai Phong and Lang Son - Hanoi - Hai Phong railway lines, with the commitment to translating these ideas into concrete actions and achieving tangible results.