The China-based C&D Group recently conducted a survey trip to the central province of Quang Binh to explore investment opportunities in the pulp and paper production sector, with a planned investment of up to $2 billion.

C&D Group, one of China’s leading enterprises, was established in 1980 and operates across multiple sectors, including supply chain management, urban construction, tourism, exhibitions, healthcare, and investment in emerging industries.

During a working session with Mr. Doan Ngoc Lam, Standing Vice Chairman of the Provincial People’s Committee, representatives from C&D praised the locality’s potential and advantages, particularly its strategic geographical location, abundant raw material resources, water sources, and well-developed logistics infrastructure.

Mr. Lam affirmed that the delegation’s presence reflects foreign investors' growing interest and confidence in Quang Binh’s business environment, while also opening new prospects for future cooperation between the two sides.

Following their initial survey and data collection, C&D Group and its partners have expressed plans to invest in a large-scale pulp and finished paper production project.

The project, with an estimated investment of $2 billion, is planned to be implemented on a 400-ha site and divided into three development phases.

If successfully executed, this initiative is expected to become one of Quang Binh province’s largest industrial projects, contributing to socio-economic development, job creation, and the expansion of the local processing industry.