Vietnam has become a magnet for Malaysian building contractors who said there are huge opportunities to tap the market, a local daily reported.
“ Vietnam has been a favourite destination for Malaysian builders, with companies like SP Setia Bhd and Gamuda Bhd already having a presence as they seek to grow profits amid a slowing home market,” the Business Times said.
The paper said UEM Group Bhd has been offered huge projects that are worth a “few billion USD” in Vietnam .
They include building an airport and a port in central Da Nang and southern Ho Chi Minh cities, Chairman Tan Sri Dr Ahmad Tajuddin Ali was cited as saying.
UEM Group is one of the leading infrastructure conglomerates in Malaysia . It has more than 40 affiliates working in infrastructure, construction, property, technology and communications and many more./.
“ Vietnam has been a favourite destination for Malaysian builders, with companies like SP Setia Bhd and Gamuda Bhd already having a presence as they seek to grow profits amid a slowing home market,” the Business Times said.
The paper said UEM Group Bhd has been offered huge projects that are worth a “few billion USD” in Vietnam .
They include building an airport and a port in central Da Nang and southern Ho Chi Minh cities, Chairman Tan Sri Dr Ahmad Tajuddin Ali was cited as saying.
UEM Group is one of the leading infrastructure conglomerates in Malaysia . It has more than 40 affiliates working in infrastructure, construction, property, technology and communications and many more./.
