Huatie Praises Vietnam's Business Environment, Expands Infrastructure Portfolio
China's Huatie, a leading infrastructure investor and constructor, has been actively cooperating in Vietnam. The company, operating there for over a year, has praised the business environment and is expanding its portfolio.
Huatie has been focusing on infrastructure investment and construction in Vietnam. The company's vice chairman, Fan Dongtao, recently noted that Vietnam's socio-economic development is only five years behind China, not 15 years as previously estimated. This positive assessment has boosted Huatie's confidence in the market.
Huatie is also advancing digitalization across its operations. It has implemented a 3D-based design and management system for project lifecycle oversight. Additionally, the company is interested in developing multifunctional service stations that integrate shopping, dining, entertainment, and community activities. These innovative approaches aim to enhance Vietnam's infrastructure landscape.
Huatie is exploring further expansion in Vietnam. It plans to focus on building transport infrastructures and modern service facilities along highways. The company is discussing potential projects with local partners and specialists in construction and logistics sectors. Furthermore, Huatie is exploring predictive maintenance and emerging technologies like smart transport systems, autonomous vehicles, and drones for infrastructure management.
Huatie's positive experience in Vietnam, driven by cultural affinities and compatible working styles, has led the company to praise the country's business environment as 'well beyond initial expectations'. With plans to focus on transport infrastructure and modern service facilities along expressways, Huatie is set to continue its successful cooperation in Vietnam.
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