Foreign businesses pour capital into city property

Director of HCMC Department of Planning & Investment Su Ngoc Anh said the city property sector attracted more than US$ 14.01billion worth of FDI in 2015, at the meeting between foreign businesses and leaders yesterday.

In 2015, the property sector was ranked top in attractting FDI capital, accounting for 35.01 percent of the city's total investment, followed by the industry sector with US$ 12.51billion, accounting for 32.13 percent.

He said it was result in successful large-scale projects such as Ibeworth Pte.Ltd completed investment procedures of VND 140billion to buy 7.1 million shares from Nam Long Investment Corp. The Creed Group's Investment Fund from Japan invested US$ 200million in An Gia Real Estate Investment Corp.

Phuc Khang Group and Singapore Investment Fund cooperated to develop Green Apartment Project in accordance with the U.S's LED.

Tr.Giang -Translated by M.Quyen

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