HCM City welcomes new business complex in hi-tech park hinh anh 1Chairman of the HCM City's People's Committee Nguyen Thanh Phong (6th from left) poses in a photo with representatives from Ascendas-Singbridge group (​Source: sggp.org.vn)
HCM City (VNA) – Ho Chi Minh City authorities expect that the construction of the OneHub Saigon complex in Ho Chi Minh City will give a facelift to the Saigon Hi-Tech Park.

At a meeting with Miguel Ko Kai Kwun, CEO of Ascendas-Singbridge group - the project’s investor - in the city on March 7, Chairman of the municipal People’s Committee Nguyen Thanh Phong also said the Vietnamese Government and local People’s Committee will work to create safe and attractive business environment for foreign investors, and help them remove any difficulties.

The OneHub Saigon complex, valued at 130 million USD, is a joint venture between Ascendas Land Vietnam of Singapore and the UK’s Saigon Bund company. It received investment license in September 2014.

The complex, the first OneHub venture in Vietnam, spans 11.9 hectares at the Saigon Hi-Tech Park and is implemented by Ascendas-Singbridge based on successful models in India and China.-VNA