Company owned by Phu My Hung Corporation receives decision approving investment policy for Hong Hac-Xuan Lam Eco-Urban Area project in Bac Ninh
(BNP) - The Industrial and Commercial Bank Trade Union Investment Joint Stock Company (owned by Phu My Hung Corporation) has just received the decision approving the investment policy of Bac Ninh province for the investment project to build the Hong Hac-Xuan Lam eco-urban area, Thuan Thanh town, Bac Ninh province, with a total investment capital of VND 27 trillion, equivalent to USD 1.06 billion at the Conference to announce the Planning and Investment Promotion of Bac Ninh province in 2024.
Prime Minister Pham Minh Chinh receives General Director of Phu My Hung Development Corporation Gary Tseng.
Immediately after the Conference, Prime Minister Pham Minh Chinh received Mr. Gary Tseng, General Director of Phu My Hung Development Corporation, a large urban infrastructure developer in Vietnam and is implementing many projects in provinces including Bac Ninh.
After the conference, Prime Minister Pham Minh Chinh met with Mr. Gary Tseng, General Director of Phu My Hung Development Corporation, a major urban infrastructure developer in Vietnam that implementing many projects in provinces including Bac Ninh.
Mr. Gary Tseng said that Phu My Hung has invested in Vietnam for over 30 years, mainly in the fields of real estate and urban development. Thanks to the attention of the Government, ministries, sectors and localities, Phu My Hung has invested effectively and continued to expand its investment to many provinces and cities, in which, the project in Bac Ninh has received special attention from provincial leaders, creating favorable conditions and promptly removing difficulties and obstacles.
The company urged the Government, ministries, sectors and localities to continue to remove difficulties and create favorable conditions for Phu My Hung to increase its investment in Vietnam. At the same time, it hoped to participate in the Vietnamese stock market to mobilize more resources for investment.
Welcoming Phu My Hung Corporation to continue expanding its investment in Vietnam, the PM suggested that Phu My Hung should invest in urban areas and real estate serving a large population, but with high-quality infrastructure and services. At the same time, it should provide additional infrastructure to serve society and consider participating more deeply in the development of cultural, medical and educational infrastructure in Vietnam.
The Prime Minister said that would direct ministries, branches and localities to study, consider and resolve the Company's recommendations.
