Information that the investment alliance Mekolor and Great USA proposed to arrange 100 billion USD to invest in the North-South high-speed railway project, pledging that the project will be put into operation 5 years after the state hands over the clean land, has attracted great public attention.
Mekolor Joint Stock Company is headquartered in a small alley on Ly Tu Trong Street, Ninh Kieu District, Can Tho City - Photo: LE DAN
However, the business registration data of Mekolor Joint Stock Company has revealed many surprising information about this enterprise.
Mekolor Joint Stock Company started operating on October 28, 2016 with 4 registered employees. The business address is at 24/11/4A Ly Tu Trong, An Cu Ward, Ninh Kieu District, Can Tho City.
This enterprise is chaired by Mr. Vo Xuan Truong, general director and legal representative.
Regarding information on charter capital, this enterprise registered a charter capital of 1 billion VND (the enterprise registered its charter capital itself), of which 100% is private capital, and the contributed capital does not include other assets such as land...
Mekolor has three founding shareholders: Ms. Nguyen Thi Ngoc Ha (born in 1986, residing in Ben Tre ) contributed 30 million VND, Mr. Pham Duy Linh (born in 1983, residing in Ho Chi Minh City) contributed 30 million VND, and Mr. Vo Xuan Truong (born in 1980, residing in Ho Chi Minh City) contributed 940 million VND, equivalent to 94% of charter capital.
Head office of Mekolor Joint Stock Company - Photo: LE DAN
The main business of this enterprise is organizing trade introduction and promotion, including organizing groundbreaking, ground-breaking, opening, inauguration events, conferences, seminars, sports competitions, meetings, festivals, fairs, exhibitions, trade promotion, etc. Currently, the website of this enterprise is inaccessible.
Great USA Inc. is listed in its documents as "a business established in the state of Florida (USA)," but Tuoi Tre Online has not been able to verify the information.
Previously, the Mekolor and Great USA investment alliance had a document proposing to participate in investing in the construction of the North-South high-speed railway. These documents were also posted online and the alliance also proactively posted a press release about the proposal to participate in the project.
Notably, this enterprise said that it will arrange capital to implement the project at a cost of 100 billion USD, equivalent to 2.6 million billion VND, but will not require a guarantee or financial counterpart from the Government , and commit to completing the project within 5 years from the date of handover of the clean site...
Head office of Mekolor Joint Stock Company - Photo: LE DAN
This alliance also "committed" to self-funding 10 billion USD to support land clearance, ensuring housing and fairness for the people.
In addition, this proposal is also very "green" when it "commits" to modern technology and ESG standards, in line with the Net Zero 2050 strategy, technology transfer and mastery, from equipment to operation, 95% Vietnamese human resources, prioritizing domestic enterprises that meet technical standards and free operation for the first 6 months for all people...
Talking to Tuoi Tre Online about this proposal, Mr. Vo Xuan Truong said: "Our advantage is finance, we have international partners who can support and transfer technology, especially criteria on new technologies such as green energy, positive impact on the environment."
The North-South high-speed railway project is an important connecting infrastructure project that has received great public attention.
Currently, VinSpeed High-speed Railway Investment and Development Joint Stock Company under Vingroup has proposed to invest in the form of direct investment, self-arranging 20% of the capital, equivalent to 12.27 billion USD (excluding site clearance costs). The expected operating time is after 5 years of construction, with an investment period of 99 years.
Meanwhile, THACO Group proposed a plan to contribute 20% of the total capital by equity and legally mobilized capital domestically. The remaining capital will be borrowed from domestic and foreign credit institutions. The project is expected to be completed within 7 years, with an investment term of 70 years.
Source: https://tuoitre.vn/bat-ngo-ve-cong-ty-mekolor-von-dieu-le-1-ti-dong-de-xuat-duong-sat-bac-nam-100-ti-usd-20250610112814357.htm
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