On June 16, 2026, in Hanoi, Transport Construction Investment Consulting Joint Stock Company No. 1 (TECCO1) and Shanghai Atlantic Investment Co., Ltd. (Shanghai Atlantic) officially signed a Memorandum of Understanding (MoU), marking the beginning of a strategic cooperation phase in investment, application of advanced technologies, and development of interregional railway and urban railway projects under the Public–Private Partnership (PPP) model. The cooperation particularly focuses on cross-border railway projects between Vietnam and China.
Under the MoU, the two parties agreed to establish a long-term partnership based on leveraging each side’s strengths in experience, professional expertise, financial resources, and partner networks. The aim is to jointly research and develop solutions to promote the development of a modern, synchronized, and sustainable transport infrastructure system.
A key focus of the cooperation is to promote research and the development of appropriate technical and financial plans for the implementation of major cross-border railway lines, including the Hanoi – Dong Dang – Bang Tuong route and the Hai Phong – Ha Long – Mong Cai – Dongxing route. The two sides will also propose solutions to integrate Vietnam’s railway network with China’s railway system, thereby enhancing economic connectivity, facilitating trade, and improving railway transport capacity from Vietnam to China, Russia, and EU countries.
Mr. Nguyễn Trọng Nghĩa, Chief Technology Officer of TECCO1, and Mr. Thái Quân Dân – General Director of Shanghai Atlantic, signing the MoU.
Both parties will also strengthen connections and cooperation with major Chinese construction and railway enterprises, including China State Construction Engineering Corporation and China State Railway Group, in order to expand cooperation opportunities in railway and urban railway infrastructure projects. The scope of cooperation is not limited to cross-border railway projects but also extends to scientific research, technical consulting, financial solutions, and the development of localized assembly of rolling stock and railway technical systems in Vietnam.
The MoU between TECCO1 and Shanghai Atlantic represents an important milestone in TECCO1’s strategy to expand international cooperation. It also demonstrates the proactive approach of Vietnamese transport consulting enterprises in accessing PPP project financing sources, adopting new technologies, strengthening cooperation with international partners, and contributing to the development of a modern transport network and enhanced regional connectivity.
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