The People's Committee of Tay Ninh province signs a memorandum of understanding with Dai Tay Duong Construction Co., Ltd (Vietnamese)

Representatives attending the signing ceremony

Attending the signing ceremony were Nguyen Van Quyet, Member of the Central Committee of the Communist Party of Vietnam and Secretary of the Tay Ninh Provincial Party Committee, and Le Van Han, Deputy Secretary of the Provincial Party Committee and Chairman of the Tay Ninh Provincial People's Committee.

On behalf of the provincial leadership, the Deputy Secretary of the Provincial Party Committee and Chairman of the People's Committee of Tay Ninh Province, Le Van Han, provided a brief overview of the potential, advantages, and socio-economic development situation of Tay Ninh.

By 2025, the province's economic scale reached over 345,000 billion VND; the economic growth rate reached 9.52%, ranking 8th out of 34 provinces and cities nationwide. To date, the province has attracted over 2,000 FDI projects with a total registered capital of approximately 25 billion USD; of which China is currently the largest investment partner in the province, with a total investment of nearly 10 billion USD.

Deputy Secretary of the Provincial Party Committee and Chairman of the People's Committee of Tay Ninh Province, Le Van Han, delivers a speech at the signing ceremony

Highly appreciating the company's capabilities and experience in the field of construction and infrastructure development, especially transportation infrastructure in the Vietnamese and international markets, the Deputy Secretary of the Provincial Party Committee and Chairman of the People's Committee of Tay Ninh Province, Le Van Han, emphasized that the signing of the memorandum of understanding between the People's Committee of Tay Ninh Province and Dai Tay Duong Construction Co., Ltd. is an important first step in the long-term cooperation and development process. The collaboration between the two sides will open up many new opportunities, contributing to the development of infrastructure, improving connectivity, and attracting more investment resources to the locality.

Deputy Director of the Department of Finance Tran Van Tuoi presents a summary of the memorandum of understanding

According to the memorandum, the two sides will promote cooperation and experience sharing, strengthen contacts, exchange information and mechanisms and policies in mobilizing investment resources in the fields of transportation infrastructure, construction, urban development, industrial park development, etc.

Dai Tay Duong Construction Co., Ltd. researches, surveys, and proposes collaborative investment projects with estimated capital ranging from approximately 2 to 5 billion USD, in line with the province's planning and development orientation; researches and applies flexible investment models or other legal forms as a basis for parties to exchange and consider selecting appropriate investment methods for each specific project; exchanges and shares experiences, management models, technical solutions, and advanced construction technologies; and researches the feasibility of implementing collaborative contents.

The People's Committee of Tay Ninh Province and Dai Tay Duong Construction Co., Ltd. signed a memorandum of understanding 

Following the signing ceremony, Central Committee member and Provincial Party Secretary Nguyen Van Quyet requested the Tay Ninh Provincial People's Committee to direct relevant departments and agencies to closely coordinate with the company, creating favorable conditions for both sides to effectively implement the cooperation contents in the coming time.

Member of the Central Committee of the Communist Party of Vietnam, Secretary of the Tay Ninh Provincial Party Committee Nguyen Van Quyet (center) speaks at the signing ceremony

The Secretary of the Tay Ninh Provincial Party Committee expressed confidence that the cooperative relationship between the two sides will develop effectively and that the contents of the signed memorandum of understanding will soon be concretized into feasible and practical activities and projects, making a positive contribution to the development of the province./.