Spanish company ACCIONA enters Viet Nam

Saturday, Oct 19, 2019 06:51

ACCIONA Vietnam officially launched on Oct 17 in HCM City. — Photo courtesy of the company

ACCIONA, which has specialised in sustainable infrastructure solutions and renewable energy projects for nearly 100 years, has officially entered Viet Nam.

ACCIONA, which is based in Spain, is known for investing in clean energies, pollution reduction, plastic consumption reduction, and universal access to clean water.

ACCIONA's presence is expected to attract other Spanish businesses to explore the country’s potential. It is carrying out business activities based on its commitment to contribute to the economic and social development of the communities in which it operates.

ACCIONA sees extraordinary potential in the Vietnamese market. Its economic recovery, its history, current situation and future prospects show that the market in Viet Nam is just one of the many things that make the country stand out, according to the company.

Viet Nam has become one of the fastest-growing economies in the region over the last 40 years, with future GDP growth expected to remain above 6 per cent and competitiveness indicators improving year-on-year.

According to Price Waterhouse Coopers, Viet Nam is projected to be among the Top 20 economies in the world and Top 10 in Asia by 2050.

Luis Castilla, CEO of the Infrastructure Division at ACCIONA, said: “Viet Nam has made commitments to increase its renewable energy capacity; long-term sustainability, durability and effectiveness of its water services; and sustainable infrastructure in the country. All of these objectives have led us to see Viet Nam as a long-term market.” — VNS

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