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India’s Adani considering Vietnam seaport, airports, thermal power investments

Indian conglomerate Adani is reportedly looking to sink US$2 billion in to the Lien Chieu seaport project in Vietnam. Other media reports have also said it intends to invest in two airports in Vietnam and a thermal power project worth US$2.8 billion. This announcement comes on the back of a visit to India by Vietnamese Prime Minister Pham Minh Chinh.

This is in line with a series of meetings over the last few years between the firm and key Vietnamese officials. 

Of note, however, Adani is currently invested in just two projects in Vietnam, a wind power plant and a solar power plant the latter of which has run into problems with poor infrastructure forcing the plant to curb power production back in 2022.

See also: Vietnam Seaports: Foreign Investors Guide 2024

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