Samsung E&A Vietnam Aims to Invest in Environmental Solutions

9:14:45 AM | 2/10/2024

Mr. Tran Duy Dong, Chairman of the Provincial People’s Committee of Vinh Phuc, recently hosted a working session with Samsung E&A Vietnam Co., Ltd on environmental investment cooperation in the province.


Mr. Tran Duy Dong, Chairman of the Vinh Phuc Provincial People’s Committee at the working session with Samsung E&A Vietnam

At the meeting, Mr. Kang Hansu, Chief Representative of Samsung E&A Vietnam, said that the company, established in 1970, is a subsidiary of Samsung Group of Korea. With 12 global offices and over 10,000 employees across 15 countries, the company currently manages 450 projects in many fields, including water and wastewater treatment, recycling, operation and maintenance of urban and industrial water systems, waste management, air pollution prevention and soil restoration.

In 2022, Samsung E&A began expanding its investment in clean water and wastewater treatment sectors in Vietnam. Also in the year, the company established a strategic partnership with DNP Water Investment Joint Stock Company (DNP Water). DNP Water is a leading private water supplier in Vietnam. Its water infrastructure system has a total designed capacity of 1 million cubic meters a day, currently serving customers in 41 provinces and cities. It aimed to increase the designed capacity to 1.5 million cubic meters a day in the next development phase. With this strength, the company wished to invest in and provide environmental solutions including water resource management, municipal solid waste treatment, domestic wastewater and industrial wastewater, contributing to the sustainable development of Vinh Phuc province.

Also during the working session, Mr. Tran Duy Dong affirmed that Vinh Phuc has strong industrial development and always pays attention to environmental protection for sustainable development. Appreciating the extensive experience as well as new technologies of Samsung E&A Vietnam Co., Ltd. in environmental industry, he agreed in principle on its cooperation with Vinh Phuc province in environmental fields that the province is interested in, including water supply for people, municipal and industrial wastewater treatment, and solid waste treatment.

Dong requested Samsung E&A Vietnam Co., Ltd coordinate with DNP Water to propose optimal technological solutions at competitive prices to implement environmental projects in Vinh Phuc; work with infrastructure investors in industrial zones to build wastewater treatment plants; and at the same time, research and build waste treatment plants based on the approved planning.

Last but not least, Dong assigned the Center for Investment Promotion and Business Support to coordinate with relevant agencies to provide information on planning, clean water projects and waste treatment projects in the province to facilitate investors to implement projects in the coming time.

By Nguyet Tham - Tran Trang, Vietnam Business Forum