June 16, 2024

A $3 billion investment in Vietnam is being considered by Adani Group

26 May 2023 | TITN Team

The Vietnam government announced on Wednesday that Adani Group is considering a $3 billion investment in the nation’s wind and solar energy projects as well as its ports ecosystem. 

According to a statement from the Vietnamese government, “Adani Group wants to develop a seaport ecosystem as well as wind and solar energy projects in Vietnam, with a combined investment of $3 billion.”

On Wednesday in Hanoi, Karan Adani, the CEO of Adani Ports and Special Economic Zones Ltd (APSEZ), was welcomed by Vietnamese Prime Minister Pham Minh Chinh.

According to Karan Adani, the Adani Group is the largest business conglomerate in India, operating in more than 50 nations across a variety of industries, including digital technology, energy, transportation, and logistics.