Sunday, August 9 2020


PM urges CapitaLand to create more added values in Việt Nam

Update: June, 14/2019 - 21:27


PM Nguyễn Xuân Phúc (right) meets with CapitaLand Chairman Ng Kee Choe on Friday. VNA/VNS Photo Thống Nhất

HÀ NỘI Prime Minister Nguyễn Xuân Phúc called on CapitaLand, one of Asia’s largest real estate companies headquartered in Singapore, to invest in Việt Nam.

It would contribute to the country’s development as well as relations between Việt Nam and Singapore, Phúc said during a meeting with CapitaLand Chairman Ng Kee Choe in Hà Nội on Friday.

He said Việt Nam was pushing ahead with urbanisation and considered it a major growth driver, adding the group should create more values and differences in the country to match the trends of the Fourth Industrial Revolution. 

CapitaLand’s projects should be green, clean, modern and environmentally friendly as Việt Nam is one of the pioneering countries in developing green and smart cities, he said. 

PM Phúc suggested the group also focus on social housing and accommodation for the poor and workers, saying the Vietnamese Government always encourages and welcomes investors in this field. 

Ng Kee Choe said CapitaLand was resolved to run long-term business in Việt Nam. CapitaLand would expand its operation in industrial and services areas, he said, stressing the group would increase high-tech contents in its projects in Việt Nam, and invest in smart city projects in the country in the future. 

CapitaLand would consider investing in social housing and step up social welfare activities in Việt Nam, the official said. VNS


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