img

Billionaire Gautam Adani-led Adani Group plans to invest over $2 billion (approximately Rs 16,750 crore) in Lien Chieu port, Vietnam's coastal city of Danang, according to a statement on the Vietnamese government's website.

Group Chairman Gautam Adani discussed the investment with Vietnamese Prime Minister Pham Minh Chinh on Wednesday in New Delhi.

Prime Minister Chinh visited Delhi to strengthen longstanding ties between Vietnam and India.

The Adani Group has proposed a comprehensive investment plan to develop a complete logistics ecosystem in Danang.

Additionally, the company plans to invest approximately $2.8 billion in the Vinh Tan 3 Thermal Power project in Binh Thuan.

--Advertisement--

Adani Group Vietnam investment Lien Chieu Port project $2 billion investment gautam-adani Vietnamese Prime Minister Pham Minh Chinh India-Vietnam trade logistics ecosystem port development Vietnam infrastructure Adani Ports and Special Economic Zone Ltd.