Prime Minister Pham Minh Chinh encourages Pacific Construction Group to explore further involvement in Vietnamese projects, aiming to maximize the potential of new development spaces. Photo: VGP/Nhat Bac
On the afternoon of January 9th, Prime Minister Pham Minh Chinh received Mr. Yan Jiehe, founder of Pacific Construction Group (PCG), a leading Chinese private enterprise specializing in infrastructure investment, construction, operation, and management. PCG has consistently ranked among the top 500 global corporations for a decade.
The meeting focused on the progress of major infrastructure projects in Hanoi secured by PCG. Mr. Yan Jiehe reported that the company is currently executing three key projects: the Tu Lien Bridge and its access roads (commencing May 19, 2025), the Ngoc Hoi Bridge and its access roads (commencing August 19, 2025), and the Hanoi Metro Line 5 Van Cao – Hoa Lac (commencing December 19, 2025).
Prime Minister Pham Minh Chinh commended PCG’s contributions as a contractor in Hanoi’s critical projects. He welcomed the group’s proposals for future infrastructure ventures in Vietnam and urged increased investment and collaboration with local businesses. The Prime Minister emphasized the need for concrete, flagship projects that incorporate technology transfer, fostering economic growth and strengthening bilateral relations.
Highlighting the importance of strategic planning, Prime Minister Chinh invited PCG to consider additional projects that optimize emerging development opportunities. He specifically mentioned the underground railway linking Tan Son Nhat Airport to Long Thanh International Airport.
Mr. Yan Jiehe expressed PCG’s commitment to long-term cooperation in Vietnam’s large-scale infrastructure projects, aligning with the Prime Minister’s vision. Photo: VGP/Nhat Bac
In response to Vietnam’s initiatives, Mr. Yan Jiehe outlined PCG’s future collaboration plans. He affirmed the group’s eagerness to engage in major infrastructure projects and pledged sustained partnership in Vietnam, in line with the Prime Minister’s guidance.
Founded by Mr. Yan Jiehe in 1995, Pacific Construction Group (CPCG) is China’s second-largest private enterprise. In 2023, the group reported revenues of approximately $79.5 billion and a net profit exceeding $5.1 billion, ranking 96th in the Fortune Global 500.
Renowned as an infrastructure powerhouse, CPCG holds China’s top-tier general contracting certification. The group has managed over 3,000 industrial zones and pioneered BT, BTO, and PPP models in more than 1,000 cities. Beyond China, CPCG is expanding into ASEAN and Eastern Europe through high-speed rail and metro projects.
Prime Minister Meets with Leading Chinese Infrastructure Conglomerate Executives
On the afternoon of January 9th, Prime Minister Pham Minh Chinh received Mr. Yan Jiehe, the founder of Pacific Construction Group, a leading Chinese private enterprise specializing in investment, construction, operation, and infrastructure management. For a decade, this group has consistently ranked among the top 500 largest corporations globally.
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As a leading private enterprise in China’s infrastructure sector, this company has consistently ranked among the top 500 global corporations for a decade.
Prime Minister Meets with Leading Chinese Infrastructure Conglomerate Executives
On the afternoon of January 9th, Prime Minister Pham Minh Chinh received Mr. Yan Jiehe, the founder of Pacific Construction Group, a leading Chinese private enterprise specializing in investment, construction, operation, and infrastructure management. For a decade, this group has consistently ranked among the top 500 largest corporations globally.
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