Japan expresses interest in underground commercial complex
A Japanese delegation held a working session with Ho Chi Minh City
authorities on June 10 to seek cooperation opportunities with the city
on the construction of the main metro station and an underground
commercial centre in front of the Ben Thanh market.
A Japanese delegation held a working session with Ho Chi Minh City
authorities on June 10 to seek cooperation opportunities with the city
on the construction of the main metro station and an underground
commercial centre in front of the Ben Thanh market.
Kisaburo Ishii, Deputy Minister of Land, Transport Infrastructure and Tourism and leader of the delegation, told city authorities that the underground complex will be the cynosure marking the development of the city.
Despite the high cost, the project will bring a number of benefits and has high profit prospects, Ishii said, predicting it will take 10 to 11 years for investors to recover their investments.
A model of the project was demonstrated at the meeting.
The Japanese government can consider providing official development assistance (ODA) loans to the underground commercial centre, Ishii added.
If the commercial centre project goes according to plan, the construction of the central underground station may also receive ODA capital, according to the deputy minister.-VNA
Kisaburo Ishii, Deputy Minister of Land, Transport Infrastructure and Tourism and leader of the delegation, told city authorities that the underground complex will be the cynosure marking the development of the city.
Despite the high cost, the project will bring a number of benefits and has high profit prospects, Ishii said, predicting it will take 10 to 11 years for investors to recover their investments.
A model of the project was demonstrated at the meeting.
The Japanese government can consider providing official development assistance (ODA) loans to the underground commercial centre, Ishii added.
If the commercial centre project goes according to plan, the construction of the central underground station may also receive ODA capital, according to the deputy minister.-VNA
You should also see
Prime Minister receives Apple CEO
Prime Minister Pham Minh Chinh received visiting CEO of Apple Tim Cook in Hanoi on April 16, who he once met in the US in September 2022.
See more
Business
Long An hosts meeting to help RoK businesses solve difficulties
The People’s Committee of the southern province of Long An on April 16 held a dialogue with enterprises from the Republic of Korea (RoK) to help them deal with difficulties and obstacles when doing business in the locality.
Society
Int’l media highlights Tim Cook’s visit to Vietnam
CEO of US-based tech giant Apple, Tim Cook, is paying a two-day visit to Vietnam, starting on April 15. The event has become a highlight of the international media.
Business
US dollar continues gaining against Vietnamese dong, hitting exchange ceiling
The US dollar has continued to strengthen against the Vietnamese dong (VND) as the exchange rate hit the ceiling limit across commercial banks on April 16 morning.
Business
Tra Vinh exports organic coconut flower nectar to Australia
The Tra Vinh Farm Co., Ltd (Sokfarm) in the Mekong Delta province of Tra Vinh has successfully exported its first shipment of organic coconut flower nectar products to Australia - the fifth main importer of the locality’s product.
Business
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
