Vietnam Infrastructure Fund Set up

VinaCapital on August 14 set up the Vietnam Infrastructure Limited with US$402 million initial capital in Hanoi City.

 

This is the first public fund engaged in infrastructure projects in Vietnam, covering energy, transport, water supply and treatment, and telecom.

 

Managing Director of VinaCapital, Don Lam, said from now until 2020, Vietnam will need some US$140 billion to develop its modern and synchronous infrastructure. Currently, the fund shares, coded VNI.L, are listed and transacted on London Stock Exchange since July 5, 2007.