By Hai Yen
Sun, February 8, 2026 | 8:26 am GMT+7
China’s Pacific Construction Group (PCG) is actively exploring investment opportunities in Cao Bang, a northern province of Vietnam that is strategically positioned to become a logistics hub connecting Vietnam with China and the broader ASEAN region.
During a recent meeting with local authorities, a delegation from PCG, led by its founder Yan Jiehe, expressed optimism about the investment environment in Cao Bang. Jiehe pointed out the province’s infrastructure potential and long-term development strategy as significant factors enhancing cross-border cooperation prospects.
Cao Bang Party chief Phan Thang An (right) receives Yan Jiehe, founder of China’s Pacific Construction Group, on February 6, 2025. Photo courtesy of Cao Bang newspaper.
Highlighting Cao Bang’s geographical proximity to China, Jiehe emphasized its appeal for investors, especially in transport and logistics-related infrastructure projects. This strategic location positions the province as a potential leader in cross-border logistics and trade.
Pacific Construction Group, known for its extensive experience in executing several transport projects in northern Vietnam, is now seeking approval to conduct surveys and assess potential investment opportunities in the province.
If these collaborations move forward, Jiehe reassured local authorities of PCG’s commitment to maintaining high construction standards and timely project completion. He also promised that senior executives would work closely with Cao Bang’s leadership, fostering collaboration and ensuring alignment with the province’s goals.
In response, Cao Bang Party chief Phan Thang An articulated the province’s vision to establish a modern and synchronized infrastructure system by 2030. This vision aims to transform Cao Bang into a major transshipment and logistics hub between Vietnam and China while serving as a critical trade gateway connecting ASEAN markets with southwestern and western China.
To support this ambitious strategy, the provincial government has identified key focus areas, including enhancing inter-regional transport links, developing border-gate economic zones, promoting sustainable tourism, and investing in high-tech agriculture.
Cao Bang is currently mobilizing resources for several key infrastructure projects, notably the Dong Dang (Lang Son)-Tra Linh (Cao Bang) Expressway, the Bac Kan-Cao Bang Expressway, and the connectivity of routes to the scenic Ban Gioc waterfall and the Soc Giang border gate.
As described by the provincial leader, these initiatives are crucial for boosting economic growth and strengthening trade connectivity between Vietnam and China, supporting the broader goal of sustainable development within the region.
Cao Bang, characterized by its mountainous terrain, shares over 333 kilometers of border with China, presenting significant opportunities for cross-border infrastructure development. This unique geographical feature positions it strategically as a key player in regional logistics and trade.
Pacific Construction Group has already established itself within Vietnam’s infrastructure sector. In 2024, the company formed a consortium with a Vingroup subsidiary to secure a contract for Hanoi’s Tu Lien Bridge project, officially commencing construction in May 2025.