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SIGNING AGREEMENT STRATEGIC COOPERATION BETWEEN NO.1 CONSTRUCTION CORPORATION AND KYERYONG GROUP


On the afternoon of November 26, 2022, Construction Corporation No. 1 - JSC (CC1) and Kyeryong Group (Kyeryong) officially signed a strategic cooperation agreement with many important contents in increasing competitiveness and intrinsic strength of the two sides in the new development phase.

The two sides discussed business strategies in the coming time

Attending the Signing Ceremony, on CC1's side, there were Mr. Nguyen Van Huan - Chairman of the Board of Directors; Mr. Vu Gia Binh - Deputy General Director and leaders and managers of related departments.
On the Kyeryong side, there were Mr. Kim Won Ho - Senior Executive Vice President; Mr. Sang Hyeun Jin – General Manager of Construction Estimating Division and Mr. Rhee Kyungju – Manager of International Sales Division.

Signing ceremony of strategic cooperation between representatives of CC1 and Kyeryong

Over the past 43 years, CC1 has been known as one of the leading investment and construction companies in Vietnam in the fields of industrial, energy, civil, transport and technical infrastructure. With unremitting efforts, CC1 has registered its name in more than thousands of projects spread across the country. In particular, at the beginning of 2022, CC1 won the bid for a project in the foreign market, which is Package 4 - National Highway 5 Upgrading Project in Cambodia, which is also a potential market of CC1 in the near future.

Meanwhile, Kyeryong was established in 1970, in the top 10 largest construction companies in Korea. Besides construction, Kyeryong is conducting technology research and development, creating certain successes with patents on new construction technologies.

This is also the unit that has received many noble awards in Korea with many unique architectural works.

Speaking at the ceremony, Mr. Nguyen Van Huan - Chairman of CC1's Board of Directors shared: “I am confident that after the signing ceremony, the products and services of the two businesses will be exploited and coordinated effectively to create a common product ecosystem to optimize, resonate strengths, bring sustainable benefits to both parties.”

Also within the framework of the program, Mr. Kim Won Ho - Senior Executive Vice President of Kyeryong affirmed: “I hope this signing ceremony will bring many positive effects for Kyeryong and CC1, especially with the vision and mission of the two sides, this cooperation is expected to create successful projects in the future."

The signing ceremony took place successfully with the participation of senior leaders of both sides

The strategic cooperation between CC1 and Kyeryong is considered an important event, marking a long-term bilateral relationship, providing practical support to exploit existing potentials and bring into full play the strengths of the two sides. .

After the signing ceremony, the two sides exchanged meaningful souvenirs, symbolizing the trust and respect from both sides.

Representatives of CC1 and Kyeryong Board of Directors exchanged souvenirs.

The cooperation between CC1 and Kyeryong promises to open up many development opportunities bringing sustainable benefits to both sides, contributing to creating many new projects with high efficiency, affirming the CC1 & Kyeryong brand position. in the field of construction in Vietnam and the region.