According to the Quang Tri Province’s Information Portal, Mr. Nghiem Gioi Hoa, founder of the Pacific Construction Group, recently held a meeting with Quang Tri Province to discuss cooperation in investment, construction, urban development, and socio-economic infrastructure projects within the province.
During the meeting, Mr. Nghiem Gioi Hoa highlighted that the Pacific Construction Group has 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 the Tu Lien Bridge and its connecting roads, the Ngoc Hoi Bridge and its connecting roads, and the Hanoi Metro Line 5 (Van Cao – Hoa Lac).
Over the years, the 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 development projects and encouraged Chinese investors to explore investment opportunities in Quang Tri if the province is open to such collaborations.
Mr. Hoang Nam, Vice Chairman of the Quang Tri Provincial People’s Committee, commended the Pacific Construction Group and urged the Group to propose specific investment areas and projects of interest. The province will direct relevant departments to support and provide information aligned with its investment attraction policies. Notably, Quang Tri boasts a 200 km coastline, renowned caves, and significant potential in renewable energy, wind power, logistics, manufacturing, and cultural-historical tourism.
On December 19, Hanoi will launch a series of large-scale infrastructure and urban projects to commemorate the 14th National Party Congress. This unprecedented wave of projects spans transportation infrastructure, urban renewal, and major new developments.
The flagship transportation project is the Van Cao – Ngoc Khanh – Lang – Hoa Lac Metro Line 5, with a total investment of nearly VND 74 trillion. The 40 km line includes underground, elevated, and ground-level sections, featuring 20 stations and two depots in Son Dong – Duong Hoa and Hoa Lac.
Hanoi Metro Line 5 (Van Cao – Hoa Lac) will operate on a double-track system with a standard gauge of 1,435 mm, spanning 38.43 km, including 6.5 km underground, 2 km elevated, and nearly 30 km at ground level, connecting 21 stations. Two depots are planned: one in Son Dong (18 ha) and another in Yen Binh (6.9 ha). The total investment is estimated at VND 65.404 trillion. Upon completion, it will become Hanoi’s fourth urban metro line.
This line will directly connect the city center with the Hoa Lac satellite city, serving as a backbone for public transportation development in the western region.
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