Japanese fund invests in Ho Chi Minh City’s real estate

Creed Group, a Japanese investment fund, signed a contract on March 6 with Phat Dat Real Estate Development JSC (PDR) and An Gia Investment company to implement a property project worth 500 million USD in Ho Chi Minh City.

Visual from An Gia Investment website

Accordingly, the River City project, with 12 buildings comprising about 8,000 apartments, will be deployed in District 7.

Chairman of the Japanese fund Toshihiko Muneyoshi said that Vietnam’s international integration has opened up more opportunities to draw large investors from across the world.

He added that the Creed Group wishes to transfer technology and share experiences in real estate development with the property sector in Vietnam, especially in HCM City.

Last year, the Creed Group cooperated with the An Gia Investment in two high-quality apartment projects to supply 2,000 units to the market.

On the occasion, Chairman of PDR Nguyen Van Dat revealed that the company will implement a project worth VND 5 trillion  (USD 217 million) this year to build the Thu Thiem 4 bridge which will link Nguyen Van Linh avenue with the Thu Thiem New Urban Area.

Source:VNA

Other news

Most view

First-ever Vnese book stall in Japan opened

First-ever Vnese book stall in Japan opened

“Vietnamese book week in Japan” was kicked off at Kinokuniya bookstore in Tokyo, Japan yesterday. On this occasion, Kinokuniya also opened its first-ever Vietnamese book stall in Japan.

Banking-finance

VNPT & SeABank cooperate to enhance connections

The Vietnam Posts and Telecommunications Group (VNPT) and SeABank just co-signed cooperation agreement, aiming to develop the two sides’ economic, business and investment potential.


Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market