Hanoi, July 16, 2024, Coteccons Construction Joint Stock Company (HoSE: CTD) and Daewoo Engineering & Construction Co., Ltd. signed a memorandum of understanding on international cooperation with the aim of jointly developing potential project opportunities in the construction sector in the global market (including Vietnam).
Speaking at the signing ceremony, Mr. Jung Won Ju, Chairman of the Board of Directors of Daewoo E&C, expressed: "Today's signing ceremony is a remarkable milestone for the cooperation between Daewoo E&C and Coteccons. In the international market, we are constructing factories and infrastructure projects. In Vietnam, we consider this a key market to expand the construction market, build new cities, develop cold storage and data centers using LNG refrigeration, pursue investment projects, and build shares in the fields of LNG power plant business and renewable energy. We hope that this memorandum of understanding will open opportunities for both companies to cooperate overseas in various fields such as construction and real estate development, infrastructure, and factory construction business, contributing significantly to building the value chains of our group."
ABOUT DAEWOO ENGINEERING & CONSTRUCTION CO., LTD.
Daewoo E&C, a leading company in the construction industry in Korea, is realizing the best value for customers through dedication and continuous challenges with passion, improvement, and innovation based on the best technology and quality. Daewoo E&C has always been present at historical moments as a key factor in the past half century of rapid economic growth in Korea. In addition, Daewoo E&C is also positioned as a leader in the global construction market. In the future, Daewoo E&C will create new opportunities by preparing thoroughly for the creation of the best corporate value and a better future for humankind.
ABOUT COTECCONS CONSTRUCTION JSC
Established in 2004, Coteccons has become a leading construction company in Vietnam. The company has grown both in size and reputation by implementing world-class projects in diverse fields such as residential, commercial, hotel, infrastructure, and industrial. Constantly improving and developing, Coteccons owns four unique and different values, called “COTECCONS INSIDE,” which have created prestige and brand. Specifically, Coteccons upholds its commitment to environmental sustainability in all projects, service and product diversification, customer experience focuses and values in the process of operation, and business cooperation.
Representative of Daewoo E&C (right) and representative of Coteccons (left) at the MOU ceremony
Daewoo and Coteccons will cooperate in EPC projects globally
Speaking at the signing ceremony, Mr. Jung Won Ju, Chairman of the Board of Directors of Daewoo E&C, expressed: "Today's signing ceremony is a remarkable milestone for the cooperation between Daewoo E&C and Coteccons. In the international market, we are constructing factories and infrastructure projects. In Vietnam, we consider this a key market to expand the construction market, build new cities, develop cold storage and data centers using LNG refrigeration, pursue investment projects, and build shares in the fields of LNG power plant business and renewable energy. We hope that this memorandum of understanding will open opportunities for both companies to cooperate overseas in various fields such as construction and real estate development, infrastructure, and factory construction business, contributing significantly to building the value chains of our group."
The MOU signing ceremony will open opportunities for both companies to cooperate overseas in various fields
Daewoo and Coteccons will jointly build a prosperous, sustainable, and comprehensive future.
The representatives of the 2 parties at the ceremony
ABOUT DAEWOO ENGINEERING & CONSTRUCTION CO., LTD.
Daewoo E&C, a leading company in the construction industry in Korea, is realizing the best value for customers through dedication and continuous challenges with passion, improvement, and innovation based on the best technology and quality. Daewoo E&C has always been present at historical moments as a key factor in the past half century of rapid economic growth in Korea. In addition, Daewoo E&C is also positioned as a leader in the global construction market. In the future, Daewoo E&C will create new opportunities by preparing thoroughly for the creation of the best corporate value and a better future for humankind.
ABOUT COTECCONS CONSTRUCTION JSC
Established in 2004, Coteccons has become a leading construction company in Vietnam. The company has grown both in size and reputation by implementing world-class projects in diverse fields such as residential, commercial, hotel, infrastructure, and industrial. Constantly improving and developing, Coteccons owns four unique and different values, called “COTECCONS INSIDE,” which have created prestige and brand. Specifically, Coteccons upholds its commitment to environmental sustainability in all projects, service and product diversification, customer experience focuses and values in the process of operation, and business cooperation.
