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Bac Giang provincial leader hands over MoU and Investment Certificate to Singaporean investors totally worth nearly 3.6 billion USD

Updated: 17:02, 26/02/2022
(BGO) – Continuing the programme within the State-level visit of President Nguyen Xuan Phuc to Singapore, on February 25 afternoon, Chairman of Bac Giang provincial People’s Committee (PPC) Le Anh Duong attended Vietnam – Singapore Business Dialogue.

Under the witness of President Nguyen Xuan Phuc at the event, PPC Chairman Le Anh Duong handed over the investment memorandum of understanding (MoU) to CapitaLand Group which registers to invest about one billion USD to the industrial parks, logistic and urban in Bac Giang province.

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Chairman of Bac Giang provincial People’s Committee Le Anh Duong at Vietnam – Singapore Business Dialogue.

Also, the provincial leader handed over investment certificate to two companies under Singaporean Mable Tree Group, namely Bac Giang Logistic I Development Company with investment capital of 47.1 million USD and Bac Giang Logistic II Development Company with investment capital of 50.4 million USD.

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Chairman of Bac Giang provincial People’s Committee Le Anh Duong exchanged the memorandum of understanding and investment certificate to Singaporean investors.

Particularly, PPC Chairman Le Anh Duong inked and exchanged investment cooperative agreements with SaigonTel, Vina Capital and Singaporean Aurous Company to implement 500 ha industrial complex and 200 ha urban projects (apartments for workers, experts and social house) with estimated investment of 2.5 billion USD in Bac Giang province.

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Chairman of Bac Giang provincial People’s Committee Le Anh Duong hands over the cooperative agreement to investors at Vietnam – Singapore Business Dialogue.

Total value of the MoU and investment certificate hit about nearly 3.6 billion USD. The investors expected to execute the above mentioned projects in 2022.

PPC Chairman Le Anh Duong pressed that Bac Giang always pays due attention and creates best possible condition to investors to implement the projects in the province.

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