AFRY has announced it has established a new subsidiary to serve the growing Vietnamese consulting engineering market – AFRY Vietnam Limited.
The company’s history in Vietnam goes back to its first project in Hanoi in 1978 and the establishment of a Representative Office in 1997. With the establishment of the local subsidiary, AFRY said it is now taking the next step in strengthening its local presence in this growing market.
Vietnam is one of the most dynamic consulting engineering markets in Asia due to the significant industrial and commercial development taking place. Vietnam is expected to continue to be one of the fastest growing economies, with further acceleration from the EU free trade agreement, which was finalised by August 1st 2020, as well as from the relocation of industries taking place in Asia.
In Vietnam, AFRY is active in power generation, waste-to-energy, LNG, pulp and paper, forestry, automotive, infrastructure, water and wastewater, environmental and management consulting sectors.