The Hoa Binh Construction & Real Estate Corporation (HBC) signed a cooperation agreement with HOT Engineering & Construction Company of Kuwait in Hanoi on May 19, as part of its strategy to expand into the Middle East.
At the signing ceremony. (Photo: thesaigontimes.vn)
HCM City (VNA) –The HoaBinh Construction & Real Estate Corporation (HBC) signed a cooperationagreement with HOT Engineering & Construction Company of Kuwait in Hanoi onMay 19, as part of its strategy to expand into the Middle East.
Accordingly, HOT Engineering& Construction will exclusively sponsor HBC in civil construction andinfrastructure in Kuwait.
The two companies will joinbiddings for the government and private sector’s projects in Kuwait as well asothers that HOT won contracts.
Following the signing ceremony,they will continue with detailed plans on procedures for concrete projectsbetween now and the next five years and join the Kuwait government’sconstruction projects to materialise the 2035 Vision “Turning Kuwait into afinancial and commercial centre in the region”.
The Kuwait firm also stands readyto help HBC become a major bidder for its construction works.
HOT Engineering &Construction is currently one of the largest multi-disciplined engineeringconstruction and maintenance companies in oil and gas, industry, civilinfrastructure construction in Kuwait and the Middle East.-VNA
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At the signing ceremony. (Photo: thesaigontimes.vn) 
