According to Ca Mau Newspaper, on the morning of January 13th, the People’s Committee of Ca Mau Province held a signing ceremony for a Memorandum of Understanding (MoU) with Pacific Construction Group.
Under the MoU, both parties agreed to collaborate across multiple sectors, focusing on urban infrastructure, transportation, irrigation, and industrial zones. Key projects under consideration include: a road connecting Ca Mau Airport to Bac Lieu Province; the Ho Chi Minh City – Can Tho – Ca Mau railway; the Ca Mau coastal road; and the province’s transverse axis road.
Notably, Pacific Construction Group pledged to establish a wholly-owned subsidiary in Ca Mau, gradually localize operations, and fully comply with Vietnamese financial regulations. Over the next five years, the total investment is expected to reach at least USD 5 billion (approximately VND 130 trillion), significantly boosting the province’s socio-economic development.
At the ceremony, Mr. Nghiem Gioi Hoa, Founder of Pacific Construction Group, expressed his desire for long-term, comprehensive cooperation with Ca Mau, particularly in critical transportation infrastructure projects such as the planned railway system, smart parking solutions, and modern technical infrastructure. The Group committed to leveraging its international expertise, adhering to Vietnamese laws, and providing professional input for the province’s new planning phase, aiming for a synchronized, modern, and sustainable transportation network.
Pacific Construction Group Founder Nghiem Gioi Hoa affirmed collaboration with Ca Mau to implement key projects in the province.
Representing the local government, Mr. Lu Quang Ngoi, Deputy Secretary of the Provincial Party Committee and Chairman of the People’s Committee of Ca Mau, stated that the province would continue to enhance administrative reforms, creating a secure, stable, and efficient investment environment for the Group’s cooperative initiatives. The Chairman emphasized Ca Mau’s need for the Group’s international expertise and strategic vision in transportation and infrastructure planning for the new phase.
Speaking at the event, Nguyen Ho Hai, Secretary of the Ca Mau Provincial Party Committee, highlighted the significance of the Ho Chi Minh City – Can Tho – Ca Mau railway project, calling it a vital “backbone” that would break the transportation monopoly, enhance connectivity with major economic hubs, and drive breakthrough development for the Mekong Delta region.
The Party Secretary urged both parties to promptly establish a coordination team to accelerate cooperation and bring projects to fruition. He also called on Pacific Construction Group to partner with the province in social welfare efforts, linking investment with improved living standards, and supporting education, poverty reduction, and sustainable development programs.
Additionally, provincial leaders proposed that the Group invest in a landmark project to showcase its capabilities and reputation, while creating an architectural and cultural highlight that symbolizes the strategic, long-term partnership between the two entities.
Pacific Construction Group (CPCG), positioned as “China’s largest urban operator,” holds top-tier national contractor certifications in highways, urban development, and irrigation. The Group has directly invested in and constructed projects in over 1,000 cities and 3,000 industrial zones across China.
In the Fortune Global 500 list released in July 2025, CPCG reported revenues of USD 75.36 billion and profits of USD 4.9 billion in 2024, ranking 170th globally—marking its 12th consecutive year among the world’s largest corporations.
With substantial equity and strong cash flow, CPCG is proposing to implement the EPCF model (Engineering, Procurement, Construction, Finance) in Vietnam, allowing project owners to defer payment for up to five years post-completion.
Founded by Mr. Nghiem Gioi Hoa, the Group is currently executing three major infrastructure projects in Hanoi in 2025, including Tu Lien Bridge, Ngoc Hoi Bridge, and Metro Line 5 (Van Cao – Hoa Lac), with a combined investment of over VND 100 trillion. Simultaneously, the Group has offered to advance capital for multiple infrastructure projects in Ho Chi Minh City.
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