Prime Minister Praises CT&D’s Investments in HCMC

Prime Minister Nguyen Tan Dung (right) and CT&D’s chairman Arthur Ting (left).

At his office in Ha Noi recently, Prime Minister Nguyen Tan Dung met leaders of the Central Trading & Development (CT&D) Corporation, whose investments in Viet Nam, numbering in the dozens, are now taking off.

Among PM’s guests were Ms. Ting Fei Tsong Ching (wife of Lawrence S.Ting, late chairman of the CT&D) and Mr. Arthur Ting, chairman of the CT&D.

At the meeting, Mr. Ting reported that his corporation’s investment projects in Viet Nam had come to fruition, including the Tan Thuan Industrial Zone, Hiep Phuoc Power Plant, Sai Gon South Urban Zone, Sino-Pacific Consultancy Company (SPCC) and the Lawrence S.Ting Community Support Fund (which has raised more than US$3 million to date). Mr.Ting spoke of how much he appreciated the government’s support over the last 17 years which has allowed the projects to develop steadily.

In response, the PM widely praised the CT&D’s achievements: “CT&D have stood behind us for a long time. For more than ten years, we have been overcoming many difficulties together” he said.

In addition, the PM considered the Tan Thuan Industrial Zone as not only the most successful in Viet Nam, but in the entire South East Asian region. He also highly praised the CT&D for reserving its land for investors in the hi-tech sector, in line with the government’s policies.

Mentioning the Hiep Phuoc Power Plant, the Prime Minister remarked that this project has faced plenty of problems, but has emerged on top and is now playing a crucial role in Viet Nam’s power generation.   

View of the first-class urban zone Phu My Hung in HCMC (Photo: Hoang Uy)

Commenting on the development of the Phu My Hung Urban zone, the PM noted that: “Both investors and local authorities have made a concerted effort to surmount many difficulties in turning  Phu My Hung from a swampy wasteland into the most beautiful urban zone in Ho Chi Minh City”.

The PM also highly appreciated the performances of the Lawrence S.Ting Community Support Fund founded by Ms. Ting Fei Tsong Ching.

Ultimately, he hoped the successes that CT&D have already achieved will encourage them to make further investment in Viet Nam in the future: “Ho Chi Minh City’s authorities and the government will continue to support the CT&D” he pledged. 

By Nguyen Thu Tuyet - Translated by Hoang Uy

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