“An Additional 140 Billion Won (~VND 1.516 Trillion) to Expand Operations in Vietnam” – Daewoo E&C Accelerates Investments in Southeast Asian Urban Projects
05/12/2025
18/04/2025
[Thai Binh, Date 17th April, 2025] – Today marks a significant milestone in the development journey of Daewoo E&C Vina (DECV) and its strategic partners – THT Development, Green I-Park (GIP Land), and Zenith (ZUP) – with the Joint Venture Agreement Signing Ceremony for the establishment of TCC Company and the Office Grand Opening in Thai Binh. This event officially kicks off the development of the Fores Starlake Thai Binh project, promising to become a new icon in the locality.

TCC Company, established through the synergy of four reputable developers, will directly implement the Fores Starlake Thai Binh project. The ceremony signifies more than just signing a contract or opening an office; it is a testament to the relentless efforts, solid trust, and shared vision of all participating parties.

Speaking at the event, Mr. Kwon Soon Jae – General Director of Daewoo E&C Vina shared: “For me, this is a very important first step, laying the foundation for our mutual development. After 2 years of cooperation, our relationship has evolved beyond partners to become close friends. I believe that ‘If you want to go far, go together.’ We consider all of you as a family, needing mutual trust and support. DECV commits to focusing all resources to make Fores Starlake Thai Binh surpass previous projects, becoming a key project of significant scale in Vietnam, contributing to the economic development of Thai Binh, Hung Yen (after the merger), and the entire country.” Mr. Kwon also extended special thanks to Mr. Kim Yong Jun – General Director of Zenith for his significant contributions to the project.

Mr. An Kuk Jin – General Director of THT Development expressed his confidence: “With Thai Binh’s potential, especially with the upcoming merger with Hung Yen, I firmly believe this project will be number one. Success requires the companionship and support of everyone present. Our four companies possess strong capabilities; I believe success is 100%. THT commits to utilizing all our resources to contribute maximally to the project’s development.” He emphasized the importance of seizing opportunities and mutual trust to lead the project’s growth.

Assuming the leadership role of the new joint venture company, Mr. Kim Han Jin – General Director of TCC Company stated: “Today’s achievement is the result of the effort, determination, and unity of all of us. As the General Director of TCC, I commit to adhering to the joint venture agreement and striving our utmost to deliver the expected results. We will develop Fores Starlake Thai Binh into an exemplary project that everyone looks forward to, while leveraging Thai Binh’s strengths in economy, industry, and talent to contribute to overall development, especially by seizing the opportunity from the upcoming provincial merger.”

The TCC Joint Venture Agreement Signing and Office Grand Opening ceremony is not only the beginning for the Fores Starlake Thai Binh project but also affirms the strong commitment of Daewoo E&C Vina and its partners in creating sustainable values, contributing to the prosperous development of Thai Binh province and Vietnam.