FECON and Nakheel Group (UAE) promote cooperation

In the middle of March, 2015, representatives from FECON Foundation Engineering and Underground Construction JSC returned to Dubai to realize the ideas of cooperation. Mr. Pham Viet Khoa, Chairman of FECON Foudation Engineering and Underground Construction JSC and Mr. Do Tran Nam – Overseas Director had the meetings with  Mr. Ali Rashid Lootah -Chairman of Nakheel Group (UAE) to disscuss oppotunities of cooperation for FECON and Nakheel in Dubai market and Nakheel’s investment projects to Vietnam.

Representatives of FECON and Nakheel Group (UAE)

During the meetings, the two parties shared and discussed their plans for investment. FECON introduced the projects in Vietnam that the company is promoting investment in and proposed Nakheel Group’s consideration to jointly invest. Nakheel also introduced specific investment plans, while introducing a number of upcoming projects implemented in Dubai that FECON can join the construction of  foundation and infrastructure. Through these very open discussions together with the determination of FECON in developing business to overseas markets, FECON and Nakheel Group promise to realize specific cooperation in the coming time. Nakheel Chairman appreciated the good will and effort of FECON toward mutual cooperation, and looked forward to concretize this commitment. Nakheel Group is one of the top 5 corporates in real estate investment and infrastructure development in the UAE with famous artificial island projects namely Palm Jumeirah Island, The World Island … Wishing to contribute to the realization of Dubai’s vision in 21st century, Nakheel is implementing a series of urban projects, commercial, retail and entertainment centers in Dubai, creating an international-class destination with breakthrough ideas created in no-where else but Dubai. Since 2014, FECON has strongly promoted the search for oppotunities in investment, business cooperation and partners in overseas market.  In particular, FECON sets priority to researching, seeking oppotunities of cooperation in Dubai, Myanmar and regional markets. From April 2015, FECON will open a representative office in Dubai to get ready on approaching blooming projects, preparing for Expo Dubai 2020,  at the same time proactively catch the investment from Dubai investor in particular and Middle East investors in general, who are researching oppotunities of investment to Vietnam.

The meeting between chairman of FECON  and chairman of Nakheel Group (UAE)