Malaysia’s largest housing group pours investment into Vietnam
29/12/2011 09:17 am
News - WCT (S) Pte Ltd, under WCT Berhad, one of Malaysia’s largest construction and property development groups, on December 27 was licensed to carry out a housing and commercial complex project in HCM City.
Accordingly, WCT (S) Pte Ltd and Southern Land Corp JSC will establish a joint venture called WCT-DPN Co Ltd with initial charter capital of US$25.15 million.
The company will develop a middle-and high-class apartment and real estate project for leasing or selling.
The project is built on an area of 46,577sq.m in the southern new urban area of HCM City.
Accordingly, WCT (S) Pte Ltd and Southern Land Corp JSC will establish a joint venture called WCT-DPN Co Ltd with initial charter capital of US$25.15 million.
The company will develop a middle-and high-class apartment and real estate project for leasing or selling.
The project is built on an area of 46,577sq.m in the southern new urban area of HCM City.
Source: VOV
.:: Other news
• Malaysia keen on investment in Bac Ninh (22/05/2012)
• French companies in IT for banking eye Vietnam (22/05/2012)
• European businesses increase investment in Vietnam (22/05/2012)
• New prospects for Sino-Vietnam economic cooperation (22/05/2012)
• Da Nang calls for more investment (21/05/2012)
• AFD offers low-interest loans to Vietnam (21/05/2012)
• Limited funding hinders project to turn Vietnam into IT powerhouse (21/05/2012)
• Vietnam aims for $1.78b from exports to France (21/05/2012)
• Talanx may raise PVI stake as Vietnam insurance market grows (18/05/2012)
• Hilton to build second hotel in Vietnam (18/05/2012)
• French companies in IT for banking eye Vietnam (22/05/2012)
• European businesses increase investment in Vietnam (22/05/2012)
• New prospects for Sino-Vietnam economic cooperation (22/05/2012)
• Da Nang calls for more investment (21/05/2012)
• AFD offers low-interest loans to Vietnam (21/05/2012)
• Limited funding hinders project to turn Vietnam into IT powerhouse (21/05/2012)
• Vietnam aims for $1.78b from exports to France (21/05/2012)
• Talanx may raise PVI stake as Vietnam insurance market grows (18/05/2012)
• Hilton to build second hotel in Vietnam (18/05/2012)