Binh Dinh Invest

DMCC group (UAE) is interested in investing in logistics and energy in Binh Dinh

09/12/2023

Representative of DMCC Group requested Binh Dinh government to provide information about local ports and expressed interest in researching and investing in wind and solar power.

The Chairman of Binh Dinh province meets with Mr. Ahmed Bin Sulayem, a billionaire, Chairman and General Director of DMCC Group

Continuing the investment promotion program in the United Arab Emirates (UAE), the Binh Dinh province delegation led by Mr. Pham Anh Tuan, Chairman of the Provincial People's Committee (PPC) has had a meeting with DMCC group. The group operate in 180 countries with more than 80,000 employees and contributes 10% of gross domestic product (GDP) to the UAE.

Binh Dinh province delegation promotes investment with DMCC group

At the meeting, PPC Pham Anh Tuan briefed on Binh Dinh's development potentials, the strategic transportation system and the administrative procedure system, which are strong points to attract numerous domestic and foreign investors. It is expected to create many advantages for two sides to cooperate in the long-term future.

Chairman Pham Anh Tuan also introduced the projects that the province set priorities in calling for investment. Accordingly, it is likely that Binh Dinh province will invest in wind and solar power with capacity of up to 20,000 MW and This is an area which DMCC Group has strengths and is interested in making investment.

With the advantage of beautiful, pristine beaches, Binh Dinh province hopes to invite international businesses with financial capacity and investment experience to build world-class resorts.

Meeting with the delegation, Mr Marwan Salah, Director of Sales and Business Development of DMCC group said that in the near future, the group would go to Vietnam to research investment opportunities in many provinces and cities and would introduce the company's policy for trading goods to the UAE.

With strengths in logistics field at the world's top class, along with many other fields, Mr Marwan Salah acknowledged that the group could cooperate with Binh Dinh in a number of fields.

The representatives of DMCC group asked the Binh Dinh provincial government to provide in-depth details about some ports so that the group could study the market and projects which Binh Dinh province was inviting investment.

Regarding the energy field, the Director of Sales and Business Development of DMCC group said that they would study research the field and would introduce a third-party corporation - the world's largest energy production unit to participate in the project research.

The delegation of Binh Dinh province exchange information with many businesses in the UAE

After discussing with Mr. Marwan Salah, the Chairman of Binh Dinh province met with Mr Ahmed Bin Sulayem, a billionaire, Chairman and General Director of DMCC group. The Chairman invited the DMCC delegation to Binh Dinh to attend the UIM F1H2O and Aquabike International Professional Power Boat Race to be hosted in Quy Nhon city in 2024.

Mr Ahmed Bin Sulayem, a billionaire, Chairman and General Director of DMCC Group accepted the invitation. Also, Mr Ahmed Bin Sulayem pledged to support the commitments made by two sides. All communication and preparation would be continued by the supportive departments of two sides.

Chairman of Binh Dinh Provincial People's Committee personally handed a list of documents and projects to promote investment to many other businesses in the UAE.