Dubai group looks to invest in Vietnam

(VOV) - Representatives from the largest Dubai group, ICD, are due to make a fact-finding tour of Vietnam to seek investment opportunity, especially in real estate in Quang Ninh province.

The commitment was made at a working session between ICD executives and Quang Ninh leaders following the latter’ recent visit to the United Arab Emirates (UAE).

Quang Ninh leaders briefed their hosts on the provincial socio-economic development master plan, including turning its Van Don economic zone into a special economic zone in the future with preferential policies. It may coincide with Dubai ICD development of the “Future city” project.

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Jawad Khan, Dubai ICD representative, affirmed that the group will send a delegation to Quang Ninh late this year to seek investment opportunity there.

Dubai ICD is the UAE investment fund. It currently manages a huge property portfolio worth US$120 billion, including Emirates Airlines, Emaar, Emirates National Bank and many other companies.