Hanoi welcomes and creates favorable conditions for Turkish businesses to invest in the city, said Chairman of the Hanoi People’s Committee Tran Sy Thanh at a meeting with the President of IC & Holding and representative of CityLand Vietnam Reha Denemec today [February 27].

Chairman of the Hanoi People's Committee Tran Sy Thanh and President of IC & Holding Reha Denemec. Photo: The Hanoi Times

At the meeting, Denemec informed Chairman Thanh that the conglomerate is a large private construction enterprise in Turkey, established in 1969, with an annual revenue of around EUR5 billion (US$5.4 billion).
In the infrastructure sector, IC & Holding Group has experience in implementing many major infrastructure projects in transportation in Turkey, Russia, and Saudi Arabia.
The company is eager to cooperate with Vietnam in general, and Hanoi in particular, in this field, said Denemec.
Appreciating the warm reception from the city leaders, he expressed the group's desire to expand investment cooperation in Hanoi, especially in infrastructure construction, mainly urban transportation projects.
Denemec also offered his view on the capital's urban transportation infrastructure development planning.
Chairman Thanh welcomed the willingness of IC & Holding Group from Turkey and CityLand Group from Vietnam to expand their activities and investment cooperation in Hanoi.
He exchanged views on the orientation of the capital's planning in the coming years, particularly in urban transportation systems and infrastructure, especially urban railway lines, until 2035.
Regarding the concerns of IC & Holding Group, Thanh assigned relevant functional units to coordinate and facilitate conditions for the representatives to study and report to the municipal People's Committee for consideration.
Thanh affirmed that Hanoi always welcomes and creates maximum conditions for Turkish conglomerates and enterprises, including IC & Holding, to cooperate and invest.
He assigned related departments to act as focal points to enhance exchange and provide detailed information for IC & Holding to expand their cooperation activities in the areas of interest to the conglomerate.