On November 23, 2024, at EuP’s Hanoi office, EuP Industry Joint Stock Company and Hoang Ngan Yen Bai Electricity Joint Stock Company officially signed a cooperation agreement to develop the power grid infrastructure for the Phu Thinh 3 Industrial Cluster in Yen Bai Province. The ceremony was attended by the BOD of EuP Group, representatives from Hoang Ngan Yen Bai Power Company along with the strategic advisors team.

In his speech at the event, the representative of EuP Group’s BOD emphasized, “This collaboration is not only essential for ensuring a stable and high-quality power supply to enterprises in the Phu Thinh 3 Industrial Cluster, but also reaffirms EuP’s strong commitment to strategically investing in infrastructure, thus contributing to the long-term and sustainable development of the region.”

A representative from Hoang Ngan Yen Bai Power Company also expressed pride in becoming a strategic partner with EuP, working together to develop Phu Thinh 3 as a modern industrial hub with a reliable energy source, which will enhance production efficiency and drive economic growth.

This signing ceremony marks a significant milestone in the strategic partnership between the two companies, opening doors to not only the growth of the industrial cluster but also fostering sustainable and efficient economic development in the region.