UAE Realty Firm Seeks to Invest in Vietnam Urban Area

2:02:32 PM | 12/9/2009

Tamouh, one of realty investment corporations of the United Arab Emirates (UAE), has applied to invest US$205 million in a real estate project in Vietnam’s southern urban area.

Once approved, the firm will build the project on an area of 38.4 hectares in Ho Chi Minh City.

Earlier in August, Tamouh CEO Joe Ong met with Ho Chi Minh City Chairman Le Hoang Quan to talk about the project.

The firm pledged to complete the project after three years of construction. (VoV)

Other News

Offering Favourable Conditions for Overseas Vietnamese (12/9/2009)
PPP in Infrastructure: Financing Framework Is Essential (12/8/2009)
Vietnam Disburses US$1.37B for Transport, Irrigation Projects in Jan-November (12/8/2009)
Vietnam Disburses US$4.19B in Infrastructure in Jan-Oct: Ministry (12/7/2009)
Japan to Provide US$5.5B ODA for GMS Countries Next 3 Yrs: Ambassador (12/7/2009)
U.K. Provides Annual Non-refundable Aid of US$100M for Vietnam (12/7/2009)
Vietnam Southern Province Attracts US$2.78B FDI in Jan-Nov (12/7/2009)
IFC Survey: 83% of Companies Say to Expand Operations in Vietnam in Next 3 Yrs (12/3/2009)
Vietnam Pledged ODA May Reach US$6B for Next Year: MPI Official (12/3/2009)
Vietnam Investors Pledge to Pour Nearly US$2.27B into Hau Giang Province (12/1/2009)

LOCAL NEWS

PHU THO:

Phu Tho: Resolutely Tackling Obstacles in Key Transport Projects

HAI PHONG:

Hai Phong 70 Years of Surmounting Challenges to Achieve Robust Growth

HO CHI MINH:

Ho chi minh city Prioritizing Investment Attraction and Business Growth

NINH BINH:

Ha Nam Strengthening Legal Accessibility for People and Businesses