PM encourages Australian group Sakkara to invest in real estate

November 30, 2017 - 07:00

Prime Minister Nguyễn Xuân Phúc has told the Australian property group Sakkara that there are huge investment opportunities for the group in Việt Nam.

Prime Minister Nguyễn Xuân Phúc (right) receives Sakkara Group’s president Neil Robert Wilson in Hà Nội yesterday. — VNA/VNS Photo Thống Nhất
Viet Nam News

HÀ NỘI – Prime Minister Nguyễn Xuân Phúc has told the Australian property group Sakkara that there are huge investment opportunities for the group in Việt Nam. 
Receiving the group’s president Neil Robert Wilson in Hà Nội on Wednesday, the Prime Minister said urban development is important for Việt Nam but the Vietnamese Government lacks sufficient financial capacity to invest in the field. Therefore, many opportunities are available for investors, he said. 
PM Phúc suggested the group can expand investment in other fields, such as transport, environment, waste and waste water treatment, and infrastructure development in the forms of build – operate – transfer (BOT) and pulbic – private – partnership (PPP). 
He affirmed that the Government of Việt Nam always facilitates foreign investment in the country. 
For his part, Neil Robert Wilson expressed his impression of Việt Nam’s hosting of the APEC Economic Leaders’ Week. 
According to him, the group decided to invest in Việt Nam because of the country’s young and dynamic population. He said Sakkara has achieved success since entering Việt Nam in 2003, noting that Việt Nam is the only foreign market the group has invested in. 
He expressed his hope for more assistance from the Government of Việt Nam and the PM for his group when it invests in large-scale projects on home development and equitisation of State-owned enterprises. — VNS

 

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