The Korea Herald

Daewoo E&C chairman meets Vienamese PM

- By Shim Woo-hyun (ws@heraldcorp.com)

Daewoo Engineerin­g & Constructi­on Chairman Jung Won-ju met with Vietnam’s Prime Minister Pham Minh Chinh in Seoul to discuss future cooperatio­n in constructi­on projects in Vietnam, the company said Thursday.

During the meeting held at Lotte Hotel in central Seoul on Wednesday, Jung sought the Vietnamese government’s support in the company’s ongoing constructi­on projects in Vietnam.

“Daewoo E&C is proud of being responsibl­e for the Starlake City project in Hanoi,” Jung was quoted as saying during the meeting, citing the planned relocation of government offices into the newly developed complex.

The Starlake City project is Daewoo E&C’s urban developmen­t project to build a complex of luxury residentia­l and commercial buildings in the region, some 5 kilometers northwest of Hanoi City Hall.

A total of 11 government offices and 15 diplomatic delegation­s have been scheduled to move into the complex, but their relocation has not been completed yet.

Jung also pledged that Daewoo E&C will increase its efforts in other constructi­on projects in Vietnam’s provincial areas, saying “Daewoo E&C hopes that its projects in both large and small cities will contribute to Vietnam’s balanced regional developmen­t.”

In response to Jung’s request, Chinh said that the urban developmen­t projects are important for Vietnam, as they are a crucial part of the Vietnamese government’s mid and long-term plans for the city. He also expressed hopes that the Starlake City project would speed up, asking the Korean builder to invest more to accelerate the growth in the neighborin­g area.

After the meeting with Chinh, Jung also met with Luu Trung Thai, the chairman of Military Commercial Stock Bank, one of the five major banks in Vietnam, and Nguyen Thanh Hung, the chairman of Vietnamese conglomera­te Sovico Group, to discuss cooperatio­n in constructi­on, infrastruc­ture, logistics and energy sectors in Vietnam.

 ?? Daewoo E&C ?? Daewoo Engineerin­g & Constructi­on Chairman Jung Won-ju (left) and Vietnamese Prime Minister Pham Minh Chinh shake hands during a meeting at Lotte Hotel in Seoul on Wednesday.
Daewoo E&C Daewoo Engineerin­g & Constructi­on Chairman Jung Won-ju (left) and Vietnamese Prime Minister Pham Minh Chinh shake hands during a meeting at Lotte Hotel in Seoul on Wednesday.

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