US groups desire to invest in HCM City’s urban area hinh anh 1Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong receives leaders of US groups (Source: VNA)
HCM City (VNA) – Several US groups delivered their intention to develop a large-scale project in the Thu Thiem new urban area in Ho Chi Minh City during their meeting with Chairman of the Ho Chi Minh City People’s Committee Nguyen Thanh Phong on May 5.

They said the project targets to support the city’s urban development and facilitate the growth of trade and financial services in Vietnam.

At the meeting, representatives from the US groups, who are in the city to seek investment opportunities, proposed recommendations on investments.

William Weidner, Chairman and CEO of Global Gaming Asset Management, said that after the Trans-Pacific Partnership (TPP) agreement was signed, many US enterprises wanted to seek investment and cooperation opportunities in the city.

All businesses that want to invest in the project in Thu Thiem have strong economic capacity and rich experience in building leisure centres all over the world, he stated.

According to him, the implementation of the project will help attract more direct investments from the world’s leading financial groups, thus contributing to making Ho Chi Minh City a financial centre of the region.

For his part, Phong said that the city is doing its utmost to create a favourable environment for foreign investors.

Regarding the Thu Thiem project, he assigned the municipal Departments of Planning and Investment and Architectural Planning, and the Thu Thiem new urban area construction and investment management board to work with the US partners on specific contents.-VNA