CapitaLand Group seeks investment opportunity in Bac Giang

Update: 20:17 | 02/11/2020

(BGO) - On October 30, representative of CapitaLand Group led by General Manager of CapitaLand Vietnam Ronald Tay visited to seek investment opportunity in Bac Giang province. The delegation was welcomed by Duong Van Thai, Secretary of the provincial Party Committee (PPC), Chairman of the provincial People’s Committee and leaders of relevant departments and sectors.

At the reception, Ronald Tay informed that CapitaLand is one of the biggest real estate groups in the Asia. Vietnam is among the key market and the third largest one of CapitaLand in the Southeast Asian region. The group has invested in several fields of housing, complex areas, commercial and retail sector, industrial park, warehouse and port, logistic and urban development.

CapitaLand Group, seeks investment opportunity, Bac Giang province, key market, industrial park, warehouse and port, logistic and urban development

The view at the meeting.

After 25 years operating in Vietnam, the group has invested in two complex projects, nearly 8,600 quality apartments at 15 housing projects, 2 retail building, 1 commercial hall and more than 7,000 service houses under 28 projects at 29 big provinces and cities across the country such as Ho Chi Minh city, Hanoi, Hai Phong, Ha long, Hoi An, Da Nang, Binh Duong, Cam Ranh and Nha Trang.

Capita Land annually contributes 0.5 percent of the benefit to the Hope CapitaLand Fund which is an independent charity fund for the charitable and volunteer activities to support impoverished children to persuit better study, healthcare as well as build new school. currently, CapitaLand has built 4 CapitaLand Hope schools in Phu Tho, Long An and Hung Yen provincies.

Visiting Bac Giang province, Ronald Tay hoped to seek and research the investment opportunity in the industrial park and cluster as well as smart urban areas.

The PPC Secretary Duong Van Thai expressed his delight to welcome the leader from CapitaLand Vietnam to seek investment chance in the province. He briefed the guest on the geographic location, natural condition, potential and strength of the province in socio-economic development.

The provincial leader also informed about the new plan of 20 industrial parks, industrial – urban – service areas in total area of 5,844ha, 51 industrial clusters with total area of 2,369.5 ha in which 32 industrial clusters were established and 19 others will be planned in the period 2020 – 2030.

The province would like to attract the industrial sectors with intensive participation into production network and global value chain, highly added value, economically use of land fund, clean technology application and friendly to environment.

CapitaLand Group, seeks investment opportunity, Bac Giang province, key market, industrial park, warehouse and port, logistic and urban development

The Secretary of the Bac Giang provincial Party Committee, Chairman of the provincial People’s Committee Duong Van Thai hands over the gift to General Manager of CapitaLand Vietnam.

Regarding to agriculture, Bac Giang welcomes investment to develop intensive concentrated production with huge scale, clean farming with high technology application, friendly to environment.

The province also wishes to draw investment project to urban areas, commercial centers, hi-end hotel, entertainment services, logistic service, financial services and tourism projects.

The PPC Secretary affirmed that Bac Giang province is looking forward to cooperating with CapitaLand Group and assigned the Department of Planning and Investment, Department of Industry and Trade, Office of the provincial People’s Committee as the contact points of collaboration to support the Group in survey for investment in the province.

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