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Vietnam: PM Phuc celebrates Singaporean firm, urges real estate investment

HANOI — Vietnam will create favourable conditions for investors, including Singapore’s CapitaLand Group, to operate successfully in Vietnam, Prime Minister Nguyen Xuan Phuc told President and CEO of CapitaLand Lim Ming Yan during a reception in Hanoi yesterday.

The Vietnamese leader voiced his appreciation for CapitaLand’s investment in building new urban developments in Vietnam, and he hopes the firm will consider developing new urban projects regarding the demand and long-term interests of local communities.

He suggested CapitaLand implement green, clean and beautiful urban projects in Vietnam like those carried out successfully by the firm in many areas in Asia, helping the country realise sustainable development goals and stabilise its real estate market.

The PM hoped the group will reap more successes in Vietnam, thus contributing to the country’s socio-economic development.

For his part, Lim Ming Yan said that his firm has invested in many great projects in Vietnam over the last 22 years and plans to build new urban development models in Hanoi and HCM City.

Projects implemented by CapitaLand in Vietnam will always be linked the community and ensure social responsibility with smart control systems toward sustainable development.— VNS

Source: http://vietnamnews.vn/economy/373645/pm-phuc-celebrates-singaporean-firm-urges-real-estate-investment.html#V5b7JkiiciIXSWp1.99