Thứ Bảy, 24 tháng 9, 2022

Japanese Companies Invest in The Environmental Sector in Vietnam | ANT Consulting

 With the partnership with Biwase, JFE Engineering hopes to gain more orders, including projects to expand Biwase’s existing plants and construct waste treatment plants.


JFE Engineering Japan has just spent 900 million yen (8.6 million USD) to invest in Vietnam. The Company purchase 3.87% stake in Binh Duong Water and Environment Joint Stock Company (Biwase).


This is one of the steps of JFE Engineering to tap into the demand for water treatment facilities in Vietnam.

JFE Engineering has participated in a tender to build two wastewater treatment plants in Vietnam. Both factories use Japan’s official development assistance (ODA) capital.

According to Nikkei Asia, with the cooperation with Biwase – the unit that are operating 8 water treatment plants and one waste treatment plant in Binh Duong province, JFE Engineering hopes to have more orders, including projects to expand Biwase’s existing factories and construct waste treatment and recycling plants.

JFE Engineering plans to recruit local engineers and salespeople to increase its staff in Vietnam by 10 more per year.

JFE Engineering hopes to increase annual sales in the Vietnamese market to 10 billion yen over the next 10 years from 2 billion yen in fiscal 2019.

Related Posts:

  • What are Responsibility for Wrongful Request of Arrest of Ship? According to Article 131 of Vietnam Maritime Law, the wrongful request of arrest of ship in Vietnam shall be subject to financial obligations. In particular: The applicant for arrest of a ship must be held legally l… Read More
  • Change of Headquarter of Da Nang Immigration Department As of August 2018, according to the project for rearranging the administrative function of the Government and the Ministry of Public Security, Immigration Department of Da Nang has been merged into Immigration Department… Read More
  • What Are Obligations of Using Patent and Trademark? When applicants of invention or mark are granted patent or trademark certificate, they are obliged to use these subjects. The reason for this provision which is, the owner may not use patents or trademarks in practical c… Read More
  • Family Office Services Vietnam has been considered as an attractive fit for family offices. The Vietnam’s stock market has been around fifteen ten years. Fund certificates in various forms are available such as close ended fund, open ended fun… Read More
  • How Foreigners Could Marry Vietnamese Wife? When a foreigner marrying a Vietnamese, this is cross cultural marriage with challenges and complexity in relationships which could be legally difficult. The Vietnam laws on Marriage and Family on marriage and family rel… Read More

0 nhận xét:

Đăng nhận xét