The China Pacific Construction Group, a leading Chinese construction firm, has recently been in the spotlight as one of the six companies in the consortium that won the bid for Package 09/TP2-EPC, which includes design, material supply, equipment provision, and construction work for the Thu Thiem 2 Bridge and its approach roads (from the intersection with Nghi Tam Street to the intersection with Truong Sa Street).
Specifically, the consortium comprises six companies: China Pacific Construction Group, the China Railway Group’s China Major Bridge Design and Research Institute, Vincons Development and Investment Joint Stock Company (a member of Vingroup), Phuong Thanh Transportation Investment and Construction Joint Stock Company, Trung Chinh Trading and Construction LLC, and Hung Phu Construction and Commerce Consulting Joint Stock Company.
Unveiling the Profile of China’s Premier Construction Enterprise
China Pacific Construction Group, founded by Mr. Nghiem Gioi Hoa in 1995, primarily focuses on infrastructure development and construction projects. The group has earned a Grade-A qualification from the Chinese government in various fields, including highway, urban area, hydraulic engineering, and architectural construction.
Mr. Nghiem Gioi Hoa, Founder of China Pacific Construction Group, during a meeting with Ho Chi Minh City officials. (Photo: SGGP)
China Pacific Construction Group ranks 96th among the world’s top 500 enterprises, 19th among China’s top 500 companies, and is the second-largest private enterprise in China to make it into the global top 500 list.
Currently, the group operates approximately 3,000 industrial parks and urban projects across China. As of 2023, the group’s revenue stood at nearly USD 80 billion.
In recent years, the group has actively expanded its international presence, particularly in ASEAN, Central Asian, and Eastern European countries, undertaking significant projects such as subways and high-speed railways in Ukraine, Iran, and Malaysia.
China Pacific Construction Group boasts over 500 shareholding companies and more than 100 overseas investment entities worldwide.
Exploring Investment Opportunities in Various Vietnamese Provinces and Cities
Since 2024, China Pacific Construction Group has been actively expanding its operations in Vietnam by signing memorandums of understanding and proposing or studying investments in numerous key infrastructure projects across various provinces and cities.
In early January 2024, the group signed an MoU with the Hanoi People’s Committee, the Hanoi Department of Transport, and Vinaconex to cooperate in researching and investing in the construction of the Thu Thiem 2 Bridge and its approach roads, as well as the Hanoi Urban Railway Line 5 (Van Cao – Ngoc Khanh – Lang – Hoa Lac). The total expected investment for these two projects is approximately VND 85,000 billion.
Signing ceremony for the MoU on cooperation in researching and investing in key projects in Hanoi, with the participation of China Pacific Construction Group. (Photo: Hanoi People’s Committee)
In December 2024, the group’s leaders worked with Hai Phong authorities to explore investment opportunities in infrastructure and industrial park development in the city.
In early January 2025, during a meeting with Quang Ninh province, China Pacific Construction Group proposed to study and invest in the Cua Luc Tunnel project, the urban area construction project in the northern area of Cua Luc Bay, and the monorail project connecting Hon Gai, Bai Chay, and the northern area of Cua Luc Bay.
In March 2025, the group met with the Yen Bai provincial People’s Committee to explore investment opportunities in projects such as the road connecting Doan Hung (Phu Tho), Yen Son (Tuyen Quang), and Yen Binh and Yen Bai city, the Bao Dap Bridge (Tran Yen – Van Yen), the Yen Ninh urban area (Yen Bai city), and the Y Can industrial park (Tran Yen).
Also, in March, the group expressed its interest in participating in infrastructure development projects in Lao Cai province, including transportation, smart border gates, logistics centers, and cross-border economic cooperation zones.
On March 18, 2025, the group met with the Lang Son provincial People’s Committee to explore investment opportunities in transportation infrastructure, logistics, and industrial parks.
During their meeting with Bac Ninh province, China Pacific Construction Group shared their plans to establish their headquarters in the province.
Most recently, on May 21, the group expressed its interest in exploring and promoting investment in several key infrastructure projects in Ho Chi Minh City, assuring the city of their commitment to delivering the highest quality, reasonable prices, and optimal progress.
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