Business

Hapaco approves new projects

The Hapaco Group JSC has approved five projects with combined capital of 2.8 trillion VND (121.3 million USD).

Hanoi (VNA) - The Hapaco Group JSC hasapproved five projects with combined capital of 2.8 trillion VND (121.3 millionUSD).

The largest is the 2.4 trillion VND Vietnam-KoreaGeneral Hospital, with 800 beds. Once open it will be the second hospitalinvested in by Hapaco and the Yuil Trading Corporation from the Republic ofKorea (RoK), joining the Green International Hospital.

Other projects include tissue production lines worth150 billion VND, Hapaco’s contribution of 85 billion VND to a five-starinternational shopping centre, and an 18-storey office building costing 164billion VND.

Hapaco has also studied the feasibility of a number ofindustrial and urban real estate projects in the northern port city of HaiPhong.

Hapaco (stock code HAP) was one of the first stockslisted on Vietnam’s stock market. Its initial charter capital of 10.8 billionVND has risen to 556 billion VND. 

On the Ho Chi Minh Stock Exchange, HAP stocks have increasedfor nine successive sessions as at August 18, reaching 5,540 VND per share./.
VNA
#Hapaco Group JSC #Vietnam-Korea General Hospital #Republic of Korea #Green International Hospital #Vietnam #VietnamPlus #Vietnam news
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