Adani Group considers investing in Vietnam's airports
India's Adani Group plans to invest in two Vietnamese airports, Long Thanh and Chu Lai, the Vietnamese government said after Prime Minister Pham Minh Chinh met with Gautam Adani in Delhi. This follows Adani's recent approval to build a seaport in ...
The government statement comes after a meeting in Delhi on the same day between Vietnamese Prime Minister Pham Minh Chinh and Gautam Adani, head of conglomerate Adani Group, during Chinh's official visit to India.
"Adani is planning to strengthen cooperation with Vietnamese partners in the fields of aviation and logistics, via the construction of Long Thanh airport and Chu Lai airport," the statement said, referring to two major airports in the south and central regions.
The statement did not mention the amount or the time frame of the investment.
Last year, Karan Adani, the elder son of Gautam Adani, announced a plan to invest up to $3 billion in seaport and renewable energy projects in Vietnam. He also said that the investment could reach $10 billion over the longer term.
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