KOCHAM and KN Holdings forge strategic partnership for green industrial development

KOCHAM and KN Holdings forge strategic partnership for green industrial development

KN Holdings and KOCHAM held a pivotal meeting on June 11 to foster strategic cooperation, enhance investor connectivity, and promote green industrial development aligned with Vietnam–Korea economic goals.

At the meeting at KN Holdings' office in the southern province of Dong Nai, leaders expressed their appreciation for the role of KOCHAM in furthering the connection between Korean businesses and the country’s dynamic and potential investment environment.

Le Nu Thuy Duong, vice president and general director of KN Holdings, said that the companionship of KOCHAM will open up many effective connection channels, contributing to creating conditions for Korean businesses to explore cooperation opportunities within the group.

“In the spirit of cooperation, KN Holdings welcomes investors committed to accompanying Korean businesses in expanding production and investment in Vietnam, an attractive destination thanks to its stable environment, great development potential, and dedicated partners, and together we are aiming for prosperity and sustainable development,” said Duong.

Representatives of KOCHAM and KN Holdings Group pose for a photo

During the working session, KN Holdings revealed details about KN Industrial City (KNIC), a new generation industrial park (IP) in Long Thanh district, Dong Nai province.

The project is being developed according to the United Nations Industrial Development Organisation's ecological standards, integrating modern infrastructure, using clean energy, and providing a diverse system of utilities serving both businesses and workers. These include worker accommodation and a training centre to attract high-tech and innovative industries.

KNIC is one of the rare IPs in Vietnam that aims to achieve net-zero emissions by 2050 aligned with the government's commitment.

At the meeting, KN Holdings proposed three specific cooperation directions with KOCHAM to enhance the effectiveness of connecting with Korean businesses.

The two sides will cooperate to attract Korean investors, especially high-tech investors, to invest in Vietnam in general and in IPs developed by KN Holdings in particular.

At the same time, KN Holdings is committed to supporting Korean businesses through flexible and effective support mechanisms, and by increasing dialogue sessions to remove difficulties, as well as organising exchange, cooperation, and cultural exchange events to help Korean businesses quickly integrate.

Kim Nyoun Ho, chairman of KOCHAM, presented a membership plaque to Le Van Kiem, chairman of KN Holdings

Kim Nyoun Ho, chairman of KOCHAM, expressed his impression of KN Holdings' green, systematic, and synchronous development strategy, which are key factors creating a solid foundation to attract international investors.

He said that many Korean investors had expressed an interest in IPs developed by KN Holdings, especially new generation IPs such as KNIC.

At the meeting, the Kim Nyoun Ho and KOCHAM delegates expressed their admiration and appreciation for the social responsibility activities that KN Holdings has persistently carried out for nearly half a decade.

KOCHAM representatives hope that the relationship between the two sides will expand to joint corporate social responsibility programmes such as charity golf tournaments, scholarships for disadvantaged students, and building charity houses in Dong Nai as suggested by KN Holdings’ leadership.

At this event, KN Holdings officially became a member of KOCHAM, marking an important step forward in the cooperative relationship.

Becoming a KOCHAM member only opens up numerous opportunities for connections with the Korean business community, and demonstrates KN Holdings' strong commitment to accompanying investors, contributing to the Vietnam-Korea economic cooperation becoming increasingly deeper, more effective, and sustainable.

VIR