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Japanese firm to pour capital into Vietnamese realty projects

The Japanese company Yaegaki, Inc. is expected to invest 50 million USD in the Vietnamese-based TMS Group’s real estate projects under a cooperation memorandum of understanding (MoU) signed between the two in Tokyo on July 1.
Japanese firm to pour capital into Vietnamese realty projects ảnh 1Representatives of Yaegaki and TMS Group at the signing of their MoU in Tokyo on July 1 (Photo: VNA)

Tokyo (VNA) – TheJapanese company Yaegaki, Inc. is expected to invest 50 million USD in the Vietnamese-basedTMS Group’s real estate projects under a cooperation memorandum ofunderstanding (MoU) signed between the two in Tokyo on July 1.

Accordingly, TMS Group will provide Yaegaki with informationon Vietnam’s property market, while Yaegaki will consider an initial investmentof 50 million USD in TMS projects.

Talking to the Vietnam News Agency, Nguyen Viet Trung, ViceChairman of TMS Group, said his company has over 10 years of experience inworking with Japanese partners.

He hoped the MoU will be implemented effectively.

Lauding the potential of Vietnam’s real estate market, KeiKuramochi, director of Yaegaki, unveiled that his company is consideringcollaboration opportunities with the Vietnamese firm to carry out projects inthe market.

Earlier, in April, TMS Group held a series of investmentpromotion events in Japan to seek partners for its property projects andintroduce opportunities in the Vietnamese realty, health and high-techagriculture markets.

Established in 2004, TMS Group operates in various areas andhas so far established representative offices nationwide, and a number of countrieslike Australia and Japan.-VNA
VNA
#TMS Group #Yaegaki Inc. #cooperation memorandum of understanding #Vietnam’s property market #TMS Group’s real estate projects #Vietnam News Agency #Nguyen Viet Trung #Kei Kuramochi #vietnamplus
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