Denmark’s A.P. Moller Holding likes to invest in green smart ports in Vietnam
Denmark’s A.P. Moller Holding likes to invest in green smart ports in Vietnam
Vietnamese Prime Minister Pham Minh Chinh has expressed appreciation for a plan by Danish conglomerate A.P. Moller Holding (APM Holding) to expand investment in Vietnam, particularly in green port systems, logistics services, and maritime transport.
Vietnamese Prime Minister Pham Minh Chinh (R) shakes hands with Robert Maersk Uggla, chairman of Danish industrial group A.P. Moller Holding at their meeting in Hanoi on September 23, 2024. Photo: Vietnam Government Portal |
PM Chinh and Robert Maersk Uggla, chairman of APM Holding and Maersk, the shipping division of the global business and investment group APM Holding, attended a meeting in Hanoi on Monday.
APM Holding is renowned for its operations in logistics, renewable energy, finance, banking, and consumer goods.
Uggla said he was greatly impressed by Vietnam’s succes in economic development amid difficulties facing the global economy, thanking the Vietnamese government for its care for foreign businesses.
He also praised the Vietnamese government for effectively improving the business environment to facilitates foreign investors, and the country's efforts in digital transformation and green transition toward sustainable development, which align with its commitments at the 26th United Nations Climate Change Conference (COP26) in the UK in 2021.
Uggla highlighted the group's strong belief in the significant potential and opportunities for expanding investment in Vietnam, aiming to further contribute to the country's economic development.
He expressed a desire to participate in projects to build large, advanced deep-water container ports and strategic logistics facilities in Vietnam.
PM Chinh welcomed the conglomerate’s investment expansion plan in Vietnam through developing projects for green smart seaports, logistics services, and sea shipping.
The Vietnamese government chief lauded both APM Holding and Maersk's capital, technology, and management capabilities as well as their effective activities in Vietnam, which have contributed substantially to the development of the country’s maritime industry and economy.
He also assured Uggla that authorities are ready to create favorable conditions for foreign investors to develop such projects.
Vietnam is one of the 20 economies with the world’s largest international trade scale and wishes to promote maritime transport infrastructure utilizing its 3,200-kilometer coastline.
Focusing on shipping fleets to reduce high logistics costs and stay ahead of the competitiveness surrounding domestic goods and the national economy, PM Chinh suggested that the group consider participating in the specific projects that Vietnam is calling for investment.
These projects include Lien Chieu Port in central Da Nang City and Can Gio International Port in southern Ho Chi Minh City, as well as a series of seaports across the country.
The group may also invest in emerging areas including digital transformation, green transformation, and circular economy, he advised.
PM Chinh also requested APM Holding to share experience in port management and operation and support Vietnam in accessing international financial resources to develop transport infrastructure such as seaports, airports, high-speed railways, and urban railways.
With an operation history of 120 years, Copenhagen-headquartered APM Holding is now present in over 130 countries with more than 100,000 employees.
