NMDC, Vingroup sign MoU: Spotlight on sustainable marine infrastructure

NMDC Group has signed a Memorandum of Understanding with Vingroup on delivering sustainable marine infrastructure in Vietnam.

Through this collaboration, NMDC Group is set to undertake:

• large-scale coastal protection works,

• land reclamation projects,

• development of offshore wind and renewable energy in Vietnam.

Commenting the latest news, Eng. Yasser Zaghloul, NMDC GCEO, said: “Our partnership with Vingroup aligns perfectly with NMDC’s strategy to deliver sustainable marine infrastructure that supports both economic development and environmental protection. We are excited to bring our technical expertise to Vietnam’s coastline, creating long-term value for both communities and investors.”

NMDC added that, through this agreement, they plan to employ its advanced marine engineering solutions to promote environmental sustainability and enhance long-term coastal resilience.