SUEZ and Sonadezi Forge Strategic Partnership to Provide Integrated Environmental Solutions for Industrial Park in Vietnam

HO CHI MINH CITY, Vietnam, April 2, 2025/PRNewswire/ --SUEZ signed a joint venture agreement with Sonadezi, a state-owned company who has developed and currently manages 11 large-scale industrial parks inVietnam, to provide integrated environmental solutions to the largest industrial park inSouth Vietnam. This strategic partnership marks SUEZ's first industrial park project inVietnamand its 22nd inAsia, reinforcing its commitment to supporting the region's sustainable growth with circular, resilient industrial water and waste solutions.

François Fevrier, CEO Water and R&R of SUEZ Asia, said:"This partnership marks a major step for SUEZ into Vietnam's industrial park sector. We have proven expertise and technical know-how in industrial parks acrossAsia, providing state-of-the-art environmental services to 22 parks in the region. We are pleased to join hands with Sonadezi to write the next chapter of our story inVietnam. As the country continues to develop its industrial landscape, SUEZ is committed to supporting its vision for a more sustainable future, by providing innovative water and waste solutions."

Since establishing its first industrial park in 1963,Vietnamhas developed over 400 such parks. To address industrial water and wastewater challenges, such as improving wastewater quality, stabilising effluents from wastewater treatment plants and enhancing pipe network conditions, the government has introduced robust environmental and discharge policies, pushing for higher-quality development. As part of the country's environmental transition, 40% to 50% localities inVietnamaim to convert existing industrial parks into eco-industrial parks by 2030. Leveraging its expertise and extensive experience, SUEZ is well-positioned to play a role in advancing this transformation further.

Strategically situated just over an hour's drive fromHo Chi Minh City, the Chau Duc Industrial Park, the largest of its kind inSouth Vietnam, is a vital hub for industrial activities. It serves as a gateway for international businesses looking to invest inVietnam'sflourishing industrial sectors such as semiconductors, mechanics, and automotive accessories, and plays a crucial role in the national economic development.

The first phase of the collaboration between SUEZ and Sonadezi will involve the upgrade and Operations and Maintenance (O&M) of the existing wastewater treatment facilities and will provide comprehensive wastewater solutions to over 100 industrial clients within the Chau Duc Industrial Park. With the rapid development of the Park and the increasing standards of environmental goals of the country, the new joint venture will also study the opportunities to strengthen water and waste services within the Park through cutting-edge facilities and technologies.

With a 160-year track record in water and waste management, SUEZ has been providing integrated environmental solutions to 22 major industrial parks inAsiafor over two decades. InVietnam, SUEZ has been working closely with local partners since 1955, providing sustainable drinking water and wastewater services through more than 20 projects. The signing of this agreement is another milestone for SUEZ to provide industrial clients with reliable and cost-efficient solutions for their effluents and waste, supporting the country in achieving its sustainability goals.

About SUEZ:

Faced with growing environmental challenges, SUEZ has been delivering essential services that protect and improve our quality of life for more than 160 years. SUEZ provides its customers with innovative and resilient solutions for water and waste services. With 40,000 employees across 40 countries, the Group works with customers to create value over the full lifecycle of their assets and services, and to drive their low carbon transition. In 2023, SUEZ provided drinking water for 57 million people worldwide and sanitation services for more than 36 million people. The Group generated 7.7 TWh of energy from waste and wastewater. In 2023, SUEZ generated revenues of8.9 billion euros. For more information:www.suez.com/ X @suez / LinkedIn @SUEZ.

InAsia, SUEZ's journey began some 70 years ago, first inSoutheast Asiabefore expanding toChina50 years ago. With 6,500+ employees acrossAsia, SUEZ has built over 600 water and wastewater treatment plants. Together with our local partners, we also provide water and waste recycling and recovery services to 25+ million people and 22 industrial parks across the region. SUEZ is recognized as one of the most influential companies inChinaand a service benchmark for leadingAsia'senvironmental industry. Today, SUEZ works with municipal and industrial customers in more than 30 major cities and regions acrossChina, managesChina'sfirst PPP water contract inMacao, operates one ofAsia'slargest hazardous waste incineration facilities inShanghai, and has invested overRMB 6 billioninChongqing.

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SOURCE SUEZ Asia