|A Bouygues company logo is seen on a construction building site in Paris, France, February 19, 2018. Photo: Reuters|
PARIS — French construction group Bouygues signed a 1.5 billion euro ($1.86 billion) contract to finance, build and operate a metro line in the Vietnamese city of Hanoi, the French presidency said on Tuesday.
Meanwhile state utility EDF agreed to enter a consortium in charge of a 1.5 billion euros gas-fired power plant project in Vietnam. The deals were announced during a visit by Vietnam’s Communist Party General Secretary Nguyen Phu Trong to Paris.
EDF will take over fellow French group Engie’s stake in the Son My 1 liquefied natural gas project expected to come on stream between 2023 and 2028.
($1 = 0.8068 euros)