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Hoa Binh has won the tender package of oil refinery project in Kuwait

On 21/12/2017, in Kuwait, Hoa Binh Construction Group successfully negotiated with the strategic partner HOT Engineering and Construction for the first package of Criminal Evidence Headquarters Project with the value of USD35 million (about VND800 billion). This is a key project of Kuwait Government with special design. Total investment value of this project is about USD155 million (VND3,500 billion). In the next construction packages, Hoa Binh will be the first priority in the cooperation strategy with HOT. Before that, in May 2017, Hoa Binh Construction Group and HOT Engineering & Construction (Kuwait) signed a strategic partnership in Kuwait.

With these first projects, Hoa Binh Construction Group has based the foundation at Kuwait market to prepare for the next projects in 2018 and the coming periods in this potential market. This is also the initial success of HBC in exporting the construction capacity in Middle East market.

Moreover, Hoa Binh has also participated in the Conference on Collaboration in Construction Resources between Vietnam and Kuwait in Kuwait organized by the Ambassador of Vietnam in Kuwait and Kuwait Chamber of Commerce and Industry on 20/12/2017. Hoa Binh - the only construction enterprise in Vietnam, 13 domestic labor-exporting companies, and more than 20 leading construction companies in Kuwait participated in the Conference.


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