HCM City (VNA) – Chairman of the Ho Chi Minh CityPeople’s Committee Nguyen Thanh Phong expressed his appreciation for Singapore’sKeppel Corporation projects while receiving its CEO Loh Chin Hua on April 5.
The host spoke highly of Singaporean investors’activities in HCM City, noting that some firms have been operating there for overtwo decades. Singapore now tops the 103 countries and territories investing inthe city.
He said HCM City will continue perfecting itsinvestment climate so as to further facilitate domestic and foreign investors’activities.
Keppel – with its property and infrastructureprojects, lifestyle services, and other ventures – has been a trustworthy andimportant partner of HCM City for many years, Phong noted, valuing its SaigonSport City project in District 2 and the Saigon Centre 3 project in District 1.He pledged that all necessary procedures for these projects’ implementationwill be completed soon.
Sharing its development strategy for the easternarea, the official said HCM City is planning to build an innovative urban areaconnecting District 2, District 9, and Thu Duc district. He asked Keppel tocontinue investing in the projects under the city’s development orientations.
At the meeting, Loh, who is also ExecutiveChairman of Keppel Land, thanked municipal authorities for creating conditionsfor his group to access investment opportunities over the past nearly threedecades.
Keppel operates not only in the field of realestate, but also navigation, oil and gas, information infrastructure,sustainable solutions for living environments, and smart city building, henoted.
Highly valuing the development potential ofdifferent fields in Vietnam, he said HCM City is a market with so manypossibilities on offer and that Keppel wishes to become a long-term partner ofthe city in the urbanisation process.
Loh expressed his belief that with its combinationof technology, experience, and knowledge, Keppel will further contribute tolocal development in the time ahead. –VNA
VNA