Jeong Won-ju, Chairman of Daewoo E&C, Expands Business in Southern Vietnam Region

December 26: Meeting with Binh Duong Province Governor near Ho Chi Minh City
December 27: Meeting with Dong Nai Province Party Secretary
Signing of Investment Cooperation Agreement with Binh Duong Provincial People's Committee

Daewoo Construction Chairman Jeong Won-ju (left in the photo) held a meeting with Vo Van Minh, the governor of Binh Duong Province, Vietnam.

Daewoo E&C announced on the 29th that Chairman Jeong Won-joo held meetings with key stakeholders in Binh Duong Province and Dong Nai Province in southern Vietnam on the 26th and 27th to discuss advancing business ventures in the southern region.

On December 26th, Chairman Jeong met with Vo Van Minh, the Chairman of the People's Committee of Binh Duong Province, located in Binh Duong Province, and expressed his commitment to expanding into southern Vietnam.

At the meeting, Chairman Jeong stated, “Based on the successful experience and profits from the Hanoi Starlake City new town project, we are actively pursuing reinvestment projects within Vietnam. Daewoo E&C possesses strong competitiveness not only in new town development but also in infrastructure sectors such as roads, railways, power generation, and logistics. Therefore, we believe we can significantly contribute to the economic growth of Binh Duong Province.”

Chairman Vo Van Minh responded, “We are well aware of Daewoo E&C’s outstanding capabilities, and we are confident that this experience will greatly contribute to the economic development of Binh Duong Province. The Binh Duong provincial government will spare no administrative support to ensure the smooth progress of the projects.”

Reflecting this mutual commitment to cooperation, Daewoo E&C and the People's Committee of Binh Duong Province signed an agreement for investment cooperation and agreed to develop and collaborate on a business relationship that creates mutual benefits.

On the same day, Chairman Jeong met with Nguyen Van Hung, Chairman of Becamex Group, a leading company in Binh Duong Province with interests in industrial complexes, real estate development, healthcare, and energy sectors, to discuss cooperation for entry and investment in Binh Duong Province.

Subsequently, on the 27th, Chairman Jeong visited Dong Nai Province, located east of Ho Chi Minh City, and met with Nguyen Hong Linh, Secretary of the Party Committee, to request cooperation on urban development projects currently under review locally.

Chairman Jeong said, “Building on the success achieved at Starlake City, our goal in Dong Nai Province is to create a vibrant mixed-use city where education, commerce, business, and public services coexist, making it a great place to live,” and requested active support from Dong Nai Province going forward.

Secretary Nguyen Hong Linh also responded, “We will actively provide the necessary procedural cooperation and institutional support to ensure that a smart city like Starlake City can be established in Dong Nai Province,” and requested Daewoo E&C to expand its investment.

A Daewoo E&C official stated, “Binh Duong and Dong Nai Provinces are adjacent to Ho Chi Minh City, known as the economic center of Vietnam, and are experiencing population growth due to economic development and the establishment of industrial complexes. Based on Chairman Jeong Won-joo’s continuous local network building, projects such as Hanoi Starlake City and Kien Giang New Town in Thai Binh Province, which have achieved remarkable results in the northern region, have now created an opportunity to expand into southern Vietnam.”

This content was produced with the assistance of AI translation services.