Sembcorp Industries inks four agreements during Vietnam President’s visit to Singapore
Sembcorp Industries inks four agreements during Vietnam President’s visit to Singapore
Sembcorp Industries (Sembcorp) announced this February 25th that it has inked several partnerships to develop a range of energy and urban solutions that will support Vietnam’s energy transition and sustainable development.
The areas of collaborations include: sustainable industrial park development, sustainable and reliable power system, renewable energy and technology and skills and capabilities building.
The signed agreements were presented to His Excellency Mr. Nguyen Xuan Phuc, President of the Socialist Republic of Vietnam and key members of his Cabinet earlier today, on the sidelines of the President’s state visit to Singapore.
The MOU for Vietnam-Singapore Industry 4.0 Innovation Centre at the Eastern International University of Vietnam is presented by Sembcorp Industries through the Vietnam Singapore Industrial Park, Becamex IDC, Singapore Polytechnic International, and the Smart i4.0 Transformation Alliance of Singapore |
Wong Kim Yin, Group President & CEO, Sembcorp Industries, said, “Vietnam has been one of Southeast Asia’s fastest growing economies and is a core market in Sembcorp’s transformation strategy. The collaborations reaffirm our deep commitment to Vietnam. We look forward to working with like-minded partners as we create synergies to build a greener and more sustainable future for the country.”
As part of the Vietnam President’s state visit to Singapore, His Excellency Mr. Nguyen Xuan Phuc will also be visiting the Sembcorp Tengeh Floating Solar Farm on Tengeh Reservoir, one of the world’s largest inland floating solar photovoltaic systems.
Sembcorp has been a long-term partner of Vietnam since 1996, supporting Vietnam’s industrialisation through 11 VSIP integrated townships and industrial parks, and Phu My 3 power plant. As part of the Group’s strategy to transform its portfolio from “brown to green”, Sembcorp is also scaling up its investment in renewables in Vietnam.
