Wednesday, 03/03/2010 10:59

Vinaprojects makes its debut in Ho Chi Minh City

Vietnam’s leading asset management and real estate development company VinaCapital Group and Asia’s leading independent project management firm inProjects Group announced the establishment of a VinaProjects joint venture on March 2.

VinaProjects is a real estate services company offering project and construction management, urban planning, and asset management services to the Vietnamese market. The joint venture plans to provide an international standard of service for real estate investors and developers in Vietnam, including VinaCapital Group.

VinaProjects has begun the implementation of key urban development projects valued at over US$500 million in major cities across the country. Among the biggest are the Hanoi Time Square Complex, worth US$115 million, the World Trade Centre project in Danang, worth US$35 million, and the Dai Phuoc Lotus project, worth US$39 million.

InProjects’s Managing Director Matt Fletcher says the Vietnamese market has enormous potential for growth.

VinaCapital CEO Don Lam says the group will ensure that all its projects meet world-class standards.

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