Vietnam-based contractor Coteccons has signed a memorandum of understanding (MOU) with Long Thanh Construction Production Co Ltd, a Vietnamese company specialising in collecting, segregating and recycling construction waste, to co-launch a circular economy initiative in the construction sector.
This collaboration aims to establish a ‘collect – recycle – reuse’ model for construction waste at project sites. Such an effort will give a ‘second life’ to materials otherwise discarded, contributing to resource lifecycle renewal and sustainable development.
In addition, Coteccons and its subsidiaries have signed the ‘Green Commitment,’ pledging to implement and uphold the goal of circular economy development and responsible business practices (SDG 12) – one of five key objectives guiding all project management and execution processes.
“Amid global environmental challenges, where construction and demolition waste accounts for approximately 30% of total solid waste, transitioning to a circular economy model is not only an inevitable trend but also a responsibility for leading industry players to mitigate environmental impacts,” stated Coteccons.
“Sustainable development is not merely a matter of regulatory compliance but a deliberate choice for every business. At Coteccons, sustainability is not a slogan but a daily practice, a culture that resonates with every engineer, worker and staff member – from the office to the construction site, across Coteccons, Unicons, Sinh Nam Metal (Vietnam) and UG M&E,” said Nguyen Trinh Thuy Trang, deputy CEO of Coteccons.
“The partnership between Coteccons and Long Thanh will deliver tangible values in the collection, sorting and recycling of construction waste, contributing to the long-term goal of establishing a circular economy model in the construction industry,” added Nguyen Van Hoang, director of Long Thanh Construction Production Co Ltd.
Coteccons will apply “technology and rigorous management processes to minimise material waste, particularly steel, a high-weightage material with significant environmental impact,” shared Van Vi Thien, managing director of Coteccons Business Unit 01 (BU1).
“We focus on training our engineers to shift from mere supervision to comprehensive management, encompassing cost and environmental considerations. Our goal is to make sustainability a habit at every construction site, driven not by obligation but by responsibility to the community, environment and society.”
According to Coteccons, the Green Commitment is realised through the integration of the 3R principles (reduce – reuse – recycle) across the entire value chain – from design and material selection to construction and project operation. At construction sites, the company implements waste collection, sorting and recycling in accordance with strict processes and standards, ensuring compliance to legal requirements, transparency and material traceability.
At the same time, Coteccons cultivates a circular economy mindset within its workforce and expands collaborations with partners within and beyond the industry to bring green initiatives to life, shaping a sustainable future for the construction sector.
All images: Coteccons
