GM_EN_PC_ARTICLE_LEFT_FLOATING
GM_EN_PC_ARTICLE_RIGHT_FLOATING
GM_EN_PC_ARTICLE_TOP_BANNER

HCM City leader receives Singaporean, Australian investors

Ho Chi Minh City has numerous projects open for foreign investment, Secretary of the municipal Party Committee Nguyen Thien Nhan said at a reception for investors from Singapore and Australia who came to explore investment opportunities in the city on March 6.

GM_EN_PC_ARTICLE_OUSTREAM_VIDEO
They include six resettlement projects, upgrades to 50 old apartment buildings and construction in Thu Thiem urban area.

The city plans to build an innovative urban area covering Districts 2, 9 and Thu Duc, including Thu Thiem urban area. 

hcm city leader receives singaporean, australian investors hinh 0
Nhan urged sectors and localities to continue creating favourable condition for investors to explore cooperation.

On behalf of the delegation, Neil Wilson, Chairman of the Australian Sakkara Group, said they have invested in numerous projects in the city.

GM_EN_PC_ARTICLE_Native_ads

They are interested in the city’s infrastructure projects, such as upgrades to canals, old buildings, Thu Thiem urban area and the equitisation of State-owed enterprises, with a total investment likely to reach US$1.5 billion.


GM_EN_PC_ARTICLE_Inpage_Banner
The southern economic hub witnessed significant socio-economic-cultural accomplishments in 2017. The city recorded an 8.25 percent increase in gross regional domestic product, higher than the 8.05 percent growth the previous year.

Domestic investment exceeded VND899 trillion (US$39.5 billion), three fold higher than 2017, while foreign investment hit US$6.38 billion, double the figure of the previous year.


The city provide more than VND347.9 trillion (US$15.3 billion) for the State budget, representing a year-on-year rise of 12.94%.
VNA

Related news

GM_EN_PC_ARTICLE_Article_1
GM_EN_PC_ARTICLE_Article_2
GM_EN_PC_ARTICLE_Middle_1
GM_EN_PC_ARTICLE_Middle_2
GM_EN_PC_ARTICLE_BOTTOM
GM_EN_PC_ARTICLE_POPUP