On the morning of November 30, 2022, Construction Corporation No. 1 – JSC (CC1) and CPG International PTE LTD (CPG) officially signed a strategic cooperation agreement with many important contents in promoting business activities. and exploit the development potential of the two sides.
Attending the Signing Ceremony, on CC1's side, there were Mr. Nguyen Van Huan - Chairman of the Board of Directors; Mr. Le Huu Viet Duc – General Director; Mr. Ha Van Han, Mr. Le Bao Anh, Mr. Tran Huu Phong - Deputy General Director and managers of related departments.
On the CPG side, there was the presence of Mr. Vincent Loh Weng Seng – Managing Director; Mr. Oliver Quek Jin Suan – Operations Director; Mr. Andy Nguyen – Head of Business Development Department. In addition, the program also had the participation of representatives from CPG Vietnam such as Mr. Jimmy Tsen Chee Nam – General Director; Mr. Soh Wee Keong – Deputy General Director and managers of related departments.
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.
Besides, according to Vietnam Report, CC1 has excellently become the Top 10 Most Profitable Construction Enterprises in Vietnam and Top 5 Largest Construction Enterprises in Vietnam in 2022.
Meanwhile, CPG International belongs to CPG Group in Singapore. Starting from the Singapore Department of Public Works, CPG Group has more than 188 years of experience operating in the fields of: development consulting, design, infrastructure management and construction works in countries around the world. in the Asia-Pacific region.
CPG has participated in many key projects in the process of building Singapore, including projects on transportation, schools, hospitals, office buildings such as: Changi Airport, National Building. Singapore, the National Gallery of Singapore, Gardens by the Bay, as well as the campuses of the National University of Singapore and Nanyang Technological University, etc.
At the Signing Ceremony, Mr. Le Bao Anh – Deputy General Director of CC1 shared: “In the near future, CC1 and CPG both want to establish a strategic cooperation relationship in which CPG will provide consulting services. design for CC1's projects; on the other hand CC1 will introduce business cooperation opportunities for CPG. I firmly believe that together we will create many new projects with high efficiency, affirming the position of CC1 and CPG brands in the construction field in Vietnam and the region.”
Also within the framework of the program, Mr. Vincent Loh Weng Seng - CEO of CPG said: “With this Memorandum of Understanding, I can see the harmonious combination of CPG and CC1, with the potential to support better for the position and capacity of the opponent in the market in order to achieve desirable development for projects spanning the whole country of Vietnam”.
The strategic cooperation between CC1 and CPG is considered an important event marking the close relationship between the two big companies with many similarities in the beginning as well as the way of looking to the future, thereby exploiting existing potentials, maximize the potentials of both sides and bring the highest efficiency.