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Vietnam
Urban Dev. Project –Ho Chi Minh Grand Park Project-
Country | Vietnam |
---|---|
Sector | Urban Development |
Project Stage | Green Field |
Investment Partner (Japanese Company) | Mitsubishi Corporation Nomura Real Estate Development Co., Ltd. |
Investment Partner (Foreign Company) | Vinhomes Joint Stock Company |
JOIN's Investment | Up to approx. JPY 11.2 bn |
Date of Approval | March 2020 |
Project Overview
Investment to participate in the large urban development project -Ho Chi Minh Grand Park Project- in Vietnam.
Significance
• Encourage the participation of the two Japanese companies in a large scale urban development project providing high quality middleclass residences that are lacking in Vietnam by utilizing the development know how accumulated in the domestic and overseas markets by them.
• The project not only aims to promote the whole city as a smart city by introducing advanced technology and equipment in Vietnam but also contributes to the economic aspects as well as social and environmental aspects of the country.