The meeting at the Provincial People's Committee Office

The meeting was attended by representatives of the leaders of the Departments: Planning and Investment, Finance, Construction, Natural Resources and Environment, Agriculture and Rural Development and Quy Nhon City People's Committee.

Mr. JaeWon Koh - Head of Samsung E&A Vietnam Representative Office said that Samsung E&A Vietnam Co., Ltd. (SE&A) is a multinational engineering company of Samsung Group, established in 1970 and headquartered in Seoul, Korea. SE&A has extensive experience and cooperation with many customers and partners operating in the fields of oil and gas, petrochemical refining, industry, environment, biology and green solutions with more than 1,530 projects in 43 countries worldwide.

In the field of environment, SE&A has implemented more than 400 projects on providing clean water, ultra-pure water, wastewater treatment, water reuse, waste treatment (waste to energy)... in many countries around the world such as Korea, China, India, UAE, Bahrain...

Mr. JaeWon Koh speaks at the meeting

Coming to Binh Dinh, SE&A is looking for investment opportunities in providing clean water, wastewater treatment and urban solid waste (waste to energy ) as an investor providing technical solutions, EPC general contractor and operating projects under the public-private partnership (PPP) method.

Chairman of the Provincial People's Committee Pham Anh Tuan speaks at the meeting

Speaking at the meeting, PPC Chairman Mr Pham Anh Tuan acknowledged the role and strengths of the investor, and at the same time had specific exchanges of information related to the investment needs of investors coming to Binh Dinh:

- Regarding the waste treatment: Mr Pham Anh Tuan introduced the Hoai Nhon Waste Incineration Plant project with a capacity of 250 tons/day, in the future the amount of waste to be treated will increase to about 500 tons/day for SE&A to study and invest.

- Regarding the wastewater treatment: This is an area that Binh Dinh province is in great need of, including urban areas, industrial parks, and industrial clusters in the province. Currently, the Province is proposing to implement wastewater treatment projects in three localities using ODA loans: Hoai Nhon town with a total capacity of 7,000 m3/day and night, An Nhon town with a capacity of 10,000 m3/day and night, Tay Son district with a capacity of 5,000 m3/day and night. Currently, in Binh Dinh province, districts, industrial parks and industrial clusters are in need of investment in wastewater treatment systems. In the case SE&A has good technology and reasonable costs, the province will arrange capital to cooperate with SE&A to implement, and will introduce SE&A to investors in infrastructure of industrial parks and industrial clusters.

- Regarding the water supply: Binh Dinh province has high demand, but it is scattered, so the capacity scale of the project is small. Therefore, SE&A needs to re-examine the suitability of the technology compared to the actual situation in the locality.

At the same time, Chairman of the Provincial People's Committee Pham Anh Tuan informed about the investment cooperation situation between Binh Dinh and Korea, projects of Korean investors in Binh Dinh; development orientation, priority investment areas, current investment incentive policies of Binh Dinh province and the potentials, strengths, comparative advantages between Binh Dinh and other provinces. He expressed his desire to welcome Samsung Group's leaders to Binh Dinh to jointly research, develop, and cooperate in investment in the corporation's strengths such as consumer electronics, semiconductors, mobile and equipment solutions, and information technology in the coming time.

Chairman of the Provincial People's Committee Pham Anh Tuan shared information about Korean investors coming to Binh Dinh to explore investment opportunities

With the information shared by Chairman of the Provincial People's Committee Pham Anh Tuan, Mr. JaeWon Koh was very excited and said that he would continue to research other potential investment areas of the province. He committed to reporting to the leaders of Samsung Group to arrange for them to come to Binh Dinh as soon as possible to research investment cooperation in other areas. He hoped that Binh Dinh province would create favourable conditions for SE&A to research investment in the areas of interest and other areas in the coming time. Mr Chairman Pham Anh Tuan assigned the Department of Construction, the Department of Natural Resources and Environment and related departments and branches to support investors in the process of seeking investment opportunities in the province.