NSSMC: Steel Structure Memorandum Signed in Vietnam

nipponsteel&sumitomo metalNippon Steel & Sumitomo Metal Corporation (Chairman and CEO: Shoji Muneoka, “NSSMC”) and JOINT STOCK COMPANY UTC2 (“UTC2”), technical consulting company whose parent equity-holder is the University of Transport and Communications of Vietnam (President: Dr. Tran Dac Su, “UTC”), have executed the Memorandum respecting the Spread of Steel Structures, aiming to spread the use of steel pipe piles, steel sheet piles and other steel structures in Vietnam, at the recent signing ceremony.

This is a union matching Vietnam’s desire and need to use Japan’s high technology for the improvement of infrastructure with our need and design to spread and expand the construction of steel structures. For over a decade, we have built a cooperative relationship with UTC through the conduct of joint studies and the dispatch of lecturers.

In future, UTC intends to work on the spread and expansion of steel structures in actual infrastructure projects, through UTC2, and we are going to supply high-quality products, making the fullest possible use of Nippon Steel & Sumikin Pipe Vietnam (NPV), already operating in Vietnam. We will also be cooperating in Vietnam’s social capital improvement, in both aspects of product and technology, by offering opportunities for continued academic exchanges for UTC students and young, front-line engineers.