Prime minister met with capitaland ( Singapore ) president

The Prime Minister encouraged CapitaLand to effectively invest further in the new urban development model in Vietnam through large and long-term projects whilst supporting the investment policy of Raffles Complex in Vietnam - a model that has been successfully launched by CapitaLand in many parts of Asia.

The Prime Minister met with CapitaLand (Singapore) President

In valuing CapitaLand’s contribution to the development of ecological, green, clean and nice urban areas in Vietnam, the Prime Minister showed his expectation for the Group’s serious consideration about planning, social infrastructure and transportation in urban areas. Also, the Prime Minister suggested that the Group should pay more attention to investing in affordable housing for which the demand in Vietnam was rising.

Given that the properly-directed property investment channel contributes a great deal to economic growth, the Prime Minister looked forward to the Group’s distinct values and greater achievements in Vietnam.

CapitaLand President Lim Minh Y-an thanked the Prime Minister for his warm reception and expressed his pleasure at arriving in Vietnam immediately following Prime Minister Lee Hsien Loong’s and his wife’s recent official visit to Vietnam.

He shared CapitaLand’s delight to invest in Vietnam. According to him, the Group’s assets amounted to S$ 2.1 billion. He expected the Group’s assets in Vietnam would increase strongly in the upcoming time.

CapitaLand is targeting investment in complex, synchronous and modern urban areas that have been successfully executed in Asia; hence, the Group is planning to invest in this complex model in both Hanoi and Ho Chi Minh City.

Mr Lim Minh Y-an asserted that the Group’s projects under development in Vietnam would always be associated with social responsibility, sustainable values and especially the green, clean, beautiful and smart environmental issues.

Vu Dung/VOV

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