Singapore – The Private Infrastructure Development Group will invest VND 114.99 billion, equivalent to USD 4.54 million, into Xuan Mai Ha Noi Clean Water Transmission Limited Company – a 25-kilometer pipeline expansion project by Viet Nam’s AquaOne Water Corporation to supply treated water from the Hoa-Binh Xuan Mai water treatment plant to Ha Noi City. This equity investment has been made through PIDG’s project development solution, InfraCo, which had also committed to invest VND 218.62 billion in Hoa-Binh Xuan Mai Clean Water LLC for the Hoa Binh-Xuan Mai water treatment plant in October 2025.
“Our investment in the Xuan Mai water treatment and distribution projects underscores PIDG’s commitment to deploying the full breadth of our solutions, including technical assistance, guarantees, and project development, to catalyse urgent action for people, planet and market transformation across Asia. This investment reflects PIDG’s determination to address Viet Nam’s water infrastructure gaps by working with experienced local partners to mobilise blended finance and deliver scalable, long-term impact.”
The investment complements bond guarantees provided by PIDG’s guarantee solution, GuarantCo, to Xuan Mai Ha Noi and Hoa Binh-Xuan Mai for their project bond issuances. In total, PIDG has committed VND 333.61 billion in equity, VND 1.2 trillion in bond guarantees and USD 119,000 in technical assistance grants for the two-phase project including the water treatment plant (Hoa-Binh Xuan Mai) and the pipeline expansion (Xuan Mai Ha Noi). PIDG will also provide support through its project development and impact teams with a focus on international standards in compliance, as well as health, safety, environmental, and social (HSES) governance. The project directly contributes to SDG 6.1: By 2030, achieve universal and equitable access to safe and affordable drinking water for all.
