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Adani Group Looking for USD 3 Billion Renewable Investment in Vietnam

Adani Group aims to progress a seaport ecosystem along with wind and solar energy projects in Vietnam, with an amalgamated investment of USD 3 billion.

May 25, 2023. By EI News Network

Vietnam’s government stated Adani Group is exploring USD 3 billion investment in the country's seaport ecosystem and wind and solar energy projects.

Adani Group aims to progress a seaport ecosystem along with wind and solar energy projects in Vietnam, with an amalgamated investment of USD 3 billion.

Karan Adani discussed Vietnam’s development orientations on three strategic breakthroughs, such as perfecting institutions, developing human resources and building infrastructure.

Vietnam makes the best possible conditions for foreign businesses, comprising those from India, to outlay in strategic infrastructure such as transport, energy, digital and climate change infrastructure, in the nation.

Karan Adani stated Adani Group is an economic group in India operating in multiple fields such as seaport, transportation, logistics, energy, and digital technology in over 50 countries all over the world.

Following the latest fact-finding tour, the consolidate has determined to invest in long-term investments in Vietnam, not only in seaports and logistics but also in energy and digital technology.

Adani Group has the ambition to construct a green seaport ecosystem and outlay in wind and solar power plants in Vietnam, with an overall capital of around USD 3 billion.

"Vietnam is willing to create more favourable conditions for India's large companies, including Adani, to invest and do business in the country," Chinh told Karan at the meeting, according to the statement.

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Investment & Trading

Adani Group

Vietnam

Wind and solar renewable energy projects