On the afternoon of October 30, 2024, Construction Corporation No. 1 - JSC (CC1) and Memiontec Company Limited (MIT) held a Memorandum of Understanding (MoU) signing ceremony, officially affirming the cooperative relationship between the two sides as strategic partners in developing the field of water management and treatment in Vietnam. This is considered an important turning point, opening up many opportunities to develop sustainable projects in wastewater management to meet the increasing demand for clean water in industrial parks and urban areas nationwide.
The signing ceremony took place in a solemn atmosphere, with the presence of leaders of both sides. On the side of CC1, there was the presence of Mr. Nguyen Van Tuan - Deputy General Director, Mr. Tran Vinh Phuc - Director of Investment Block along with managers of relevant departments; on the side of MIT, there was the presence of Mr. Tay Kiat Seng - Chairman and General Director along with managers.
Accordingly, MIT commits to accompany CC1 in coordinating to provide technical and financial solutions, as well as participating in proposing comprehensive technologies applicable to water and wastewater treatment projects in Vietnam; at the same time, providing and consulting on technical parameters and technologies suitable to the requirements of each project. On CC1's side, the enterprise will access market information on projects of interest to both parties, support maintaining relationships with related parties to implement construction investment activities according to the core competencies of the enterprise.
It is known that over the past 45 years, CC1 - with its continuous efforts and endeavors, has successfully built its name to become one of the leading investment and construction enterprises in Vietnam. Standing out with its design, construction, project management capacity, and completion of many key projects across the country, from bridge and road systems, power plants, to residential areas and industrial parks, CC1 has engraved its name on thousands of projects across the country such as: Passenger Terminal T3 - Tan Son Nhat International Airport - Ho Chi Minh City, Passenger Terminal - Long Thanh International Airport, Phu Tho Multi-purpose Circus and Performance Theater - Ho Chi Minh City, Dak Nong Provincial General Hospital, Gia Nghia City Central Square - Dak Nong, Quang Trach 1 Thermal Power Plant and packages of the North - South Expressway East phase 2021 - 2025, ...
Meanwhile, MIT, headquartered in Singapore, has established its position in the water treatment technology industry for over 20 years through many large-scale projects and multi-million dollar contracts in Singapore and Indonesia. Established in 2001, MIT has extensive experience in providing comprehensive water treatment solutions, including design, construction, operation, and maintenance of water systems. Currently, Memiontec Vietnam – established in 2022 – with serious investment and commitment to development, now has full expertise and permission from relevant government agencies and management agencies under current Vietnamese law to participate in wastewater treatment activities and project management on water resource protection.
At the signing ceremony, Mr. Nguyen Van Tuan - Deputy General Director of CC1 highly appreciated the cooperation between the two sides when approaching investment projects, construction and operation of water supply and drainage systems, clean water and wastewater treatment in Vietnam. With the goal of not only meeting the increasing demand for clean water, but also ensuring factors of sustainable environment and protection of water resources.
Also within the framework of the program, Mr. Tay Kiat Seng, Chairman and General Director of MIT Vietnam, expressed his hope that this cooperation will open up new chains of success for both sides; at the same time, contribute to improving water quality and ensuring environmental safety for the community.
The signing ceremony of the Memorandum of Understanding (MoU) between CC1 and MIT is also considered an important activity in consolidating and promoting the cooperative relationship between CC1 and Singaporean enterprises. Previously, CC1 has successfully established cooperation opportunities with many leading companies in Singapore such as: CPG, Nippon Paint, ... This not only demonstrates CC1's capacity and reputation with Singaporean partners but also contributes to promoting the development and expansion of cooperation with partners from other countries.