According to the Quang Tri Province’s Information Portal, Mr. Nghiem Gioi Hoa, the founder of Pacific Construction Group, recently held a meeting with Quang Tri Province to discuss cooperation in investment, construction, urban development, and socio-economic infrastructure.
During the meeting, Mr. Nghiem Gioi Hoa highlighted that Pacific Construction Group has been consistently ranked among the top 500 largest companies globally for 11 consecutive years.
In Vietnam, the Group signed a Memorandum of Understanding with the Hanoi People’s Committee for investment cooperation from 2023 to 2027, with a total capital of over USD 5 billion. Key projects include: Tu Lien Bridge and its connecting roads, Ngoc Hoi Bridge and its connecting roads, and the Hanoi Metro Line 5 (Van Cao – Hoa Lac).
Over the years, Pacific Construction Group has successfully implemented numerous transportation infrastructure projects in northern provinces and cities, earning high praise from local authorities.
Mr. Nghiem Gioi Hoa praised Quang Tri Province’s strategic location and expressed interest in exploring further investment opportunities. He proposed establishing a representative office in the province to facilitate project connections and promotions.
He affirmed the Group’s readiness to partner with the province in key infrastructure projects and invited Chinese investors to explore investment opportunities in Quang Tri if the province requires.
Mr. Hoang Nam, Vice Chairman of the Quang Tri Provincial People’s Committee, highly appreciated Pacific Construction Group and encouraged the Group to propose specific investment areas and projects. He assured that the province would direct relevant departments to support and provide information in line with the province’s investment attraction policies. Notably, Quang Tri Province boasts a 200km coastline, famous caves, and significant potential in renewable energy, wind power, logistics, processing industry, manufacturing, coastal tourism, and cultural-historical tourism.
On December 19, Hanoi will commence a series of large-scale infrastructure and urban projects to celebrate the 14th National Party Congress. This is a rare large-scale launch, covering transportation infrastructure, urban beautification, and major new developments.
In the transportation infrastructure category, the largest project is the Van Cao – Ngoc Khanh – Lang – Hoa Lac Metro Line 5, with a total investment of nearly VND 74,000 billion. The line spans approximately 40 km, including underground, elevated, and ground sections, with 20 stations and 2 depots in Son Dong – Duong Hoa and Hoa Lac.
The Van Cao – Hoa Lac Metro Line 5 features a double-track system with a standard gauge of 1,435 mm, totaling 38.43 km, including 6.5 km underground, 2 km elevated, and nearly 30 km on the ground, connecting 21 stations. Two depots are planned: one in Son Dong commune covering 18 hectares and another in Yen Binh commune covering 6.9 hectares. The total investment is estimated at VND 65,404 billion. Upon completion, it will be Hanoi’s fourth urban metro line.
This line directly connects the city center with the satellite city of Hoa Lac, serving as a backbone for public transportation development in the western region.
Top 100 Global Chinese Conglomerate Eyes Investment Opportunities in Quang Tri
Mr. Yan Jiehe, the visionary founder of Pacific Construction Group—a leading Chinese private enterprise ranked among the world’s top 100 corporations—recently visited Quang Tri. During his visit, he expressed a strong interest in establishing a regional representative office and committing significant investments to urban infrastructure, transportation, and seaport projects in the province.
China’s Pacific Construction Group Partners with Hanoi to Build 74 Trillion VND Van Cao – Hoa Lac Metro Line 5, Eyes Investment in Quang Tri
Unveiling a transformative transportation project, Metro Line 5 boasts a staggering investment of $2.8 billion, spanning nearly 25 miles. This ambitious route originates at the intersection of Van Cao and Hoang Hoa Tham streets, seamlessly traversing through central districts such as Ngoc Ha, Giang Vo, Lang, and Yen Hoa. Continuing its journey, the line follows the Thang Long Boulevard axis, ultimately reaching its terminus at Thach Binh Station in Hoa Lac.
Log Traders Rush to Buy Rare Wood at $127/kg: Quang Tri Forest Rangers Step In
Once overlooked as a mere forest plant, mán đỉa has now captured international attention, with foreign traders offering up to $130 per kilogram. This sudden surge in demand has sparked a frenzy among locals in Quảng Trị, who are flocking to the forests in search of this once-neglected treasure.
How is the Province, Hometown of Billionaire Pham Nhat Vuong, Progressing with Vingroup’s Upcoming Launch of 4 Projects Worth Over 127 Trillion VND?
In 2025, the province’s GRDP growth is projected to reach an impressive 8.78%, securing its position as the leader in the North Central Coast region.
Steel Manufacturer Joins Stock Exchange on December 15th with Reference Price of 10,100 VND
At a reference price of VND 10,100 per share, the company is valued at approximately VND 247.5 billion.
