On July 31, in New Delhi (India), within the framework of the Vietnam - India Business Forum, in the presence of Vietnamese Prime Minister Pham Minh Chinh and leaders of ministries and branches of the two countries. , Group T&T Group and Ramky Group (India) have awarded cooperation agreements in many fields.

Accordingly, T&T Group and Ramky Group (Ramky Infrastructure Company Limited) will cooperate to research and develop a high-tech, modern and synchronous pharmaceutical industrial park that meets international standards. associated with green economic models, circular economy, clean production, economical and efficient use of resources and energy in Vietnam.

Sharing about this cooperation, Mr. Nguyen Ngoc Nghi, Deputy General Director of T&T Group, said that the pharmaceutical park project will help form a production chain of pharmaceutical products from raw materials to finished products. With the advantage of a closed process, large scale, concentration and favorable geographical location, the pharmaceutical industrial park will help companies reduce investment costs, increase production efficiency and effectiveness, and enhance competitiveness, helping Vietnam reduce its dependence on imports for important drugs and medical equipment. In addition, pharmaceutical parks also contribute to diversifying production chains, attracting large FDI capital flows into the country, promoting technology transfer, developing the pharmaceutical industry, and building an industrial ecosystem. pharmacy in Vietnam.

“With the experience of successfully implementing pharmaceutical industrial parks (including the first pharmaceutical industrial park in the world) of Ramky Group, and the reputation and strong potential of T&T Group, in the future, pharmaceutical parks will will become a place to attract many famous pharmaceutical companies in the world. Pharmaceutical products produced not only meet domestic demand but are also aimed at exporting to the region; Thereby contributing to making Vietnam a leading pharmaceutical research, development and production center in Southeast Asia and the world," a representative of T&T Group affirmed.

According to a representative of Ramky Group, the establishment of a specialized pharmaceutical industrial park in Vietnam is necessary to ensure autonomy in pharmaceutical supply and develop the country's health care and medical needs. With Ramky Group's experience, technology and resources in developing and maintaining the industrial and environmental infrastructure necessary for a pharmaceutical park project, Ramky Group looks forward to cooperating with T&T Group to implement There is such a project in Vietnam.

In India, developing specialized pharmaceutical industrial parks is one of the country's strengths, contributing to making India the world's leading drug production center. Since the 90s of the 20th century, India has researched the establishment of pharmaceutical industrial zones and pharmaceutical parks to bring together leading pharmaceutical enterprises from India and the world to focus on production in specialized zones. special.

Jawaharlal Nehuru Pharma City (JNPC) – The country's first pharmacy center was established in the state of Andhra Pradesh, South India, by Visakha Pharmacity Ltd – a joint venture between Ramky Group & Andhra Pradesh Industrial Infrastructure Corporation (APIIC). ). JNPC, spread over an area of ​​2400 acres, focuses on providing world-class facilities and amenities to facilitate the establishment and continuous operation of pharmaceutical industries. JNPC serves more than 104 industries including some of the world's leading international pharmaceutical corporations such as Pfizer (USA), Mylan Laboratories (Netherlands), Eisai Pharma Technology (I) Pvt Ltd (Japan), M/ s PharmaZell Pvt Ltd (Germany), SNF (I) Ltd (joint venture with France), M/s Aptuit Laurus Labs (joint venture with US) and many other companies.

Also within the framework of the Vietnam - India Business Forum, T&T Group and Ramky Infrastructure Company Limited awarded a principle cooperation agreement to jointly contribute capital to develop, build and operate the treatment plant project. waste management in Vietnam. This agreement is the result of an active process of learning and researching the project; At the same time, it is also a framework for other cooperation between the two businesses to develop a waste treatment plant.

Accordingly, the two parties will contribute capital to implement the project according to the percentage of ownership shares, equivalent to 50% for each party; At the same time, seek domestic and international loan capital suitable to the needs of the project to bring the best economic efficiency. In the near future, T&T Group and Ramky will complete the necessary legal procedures to implement the project.