Ho Chi Minh City was ranked sixth among the most dynamic cities in theworld, according to the recent 2015 City Momentum Index of the realestate services and investment management firm Jones Lang LaSalle(JLL).
The JLL office in HCM City said onJuly 7 that the rapid augmentation of the foreign direct investment(FDI) and spending on infrastructure helped the Vietnamese southerneconomic hub become the biggest improver.
JeremyKelly, Director within the Global Research Programmes team at JLL, saidHCM City is emerging as an important economic hub in Asia, adding thatinvestments in key infrastructure facilities there, like the first metroline, contributed to Vietnam’s GDP growth.
HCMCity attracted more than 1.2 billion USD of investments in the firsthalf of 2015, and a 1.4 billion USD Samsung factory at the SaigonHi-tech Park illustrates foreign investors’ increasing interest in thelocality, he added.
The 2015 City MomentumIndex, covering 120 major established and emerging business hubsacross the globe, gauges a city’s short-term socio-economic andcommercial real estate momentum (over a three-year horizon) incombination with measures of ‘future-proofing’ – whether a city has theessential ingredients to ensure longer-term sustainable momentum interms of education, innovation and environment.
The top five cities in the list are London (the UK), San Jose (the US), Beijing, Shenzhen and Shanghai (China).-VNA
The JLL office in HCM City said onJuly 7 that the rapid augmentation of the foreign direct investment(FDI) and spending on infrastructure helped the Vietnamese southerneconomic hub become the biggest improver.
JeremyKelly, Director within the Global Research Programmes team at JLL, saidHCM City is emerging as an important economic hub in Asia, adding thatinvestments in key infrastructure facilities there, like the first metroline, contributed to Vietnam’s GDP growth.
HCMCity attracted more than 1.2 billion USD of investments in the firsthalf of 2015, and a 1.4 billion USD Samsung factory at the SaigonHi-tech Park illustrates foreign investors’ increasing interest in thelocality, he added.
The 2015 City MomentumIndex, covering 120 major established and emerging business hubsacross the globe, gauges a city’s short-term socio-economic andcommercial real estate momentum (over a three-year horizon) incombination with measures of ‘future-proofing’ – whether a city has theessential ingredients to ensure longer-term sustainable momentum interms of education, innovation and environment.
The top five cities in the list are London (the UK), San Jose (the US), Beijing, Shenzhen and Shanghai (China).-VNA
