FDI to HCM City witnesses drastic uptrend
Ho Chi Minh City has enjoyed a boom in foreign direct investment
(FDI) since early this year, luring 300 new projects totally
capitalized at more than US$2 billion.
Additionally, supplementary capital to 55 valid projects has increased by US$411 million while newly-licensed levels and supplementary capital for investments have soared 100% compared to last year’s same period.
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It is worth noting that Empire City Limited Liability Company were licensed to carry out a US$1.2 billion observation tower complex project at Thu Thiem new urban area in district No2.
The company is accelerating the finalization of project implementation procedures.
Empire City Limited Liability Company has partnered with two joint stock real estate companies – Tien Phuoc and Tran Thai – and Denver Power Ltd of the UK to implement the major project.
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