Japan’s Mitsubishi Group invests in HCM City’s green property
Japan’s Mitsubishi Group invests 30 million USD in HCM City’s green property
The Diamond Lotus Riverside Complex in District 8, Ho Chi Minh City will be built in accordance with green construction standards with 30 million USD in investment from the Japanese Mitsubishi Group.
Japanese Mitsubishi Group and Phuc Khang Corporation inks strategic cooperation agreement. (Photo: baocungcau.net)
HCM City (VNA) – The Diamond Lotus Riverside Complex in District8, Ho Chi Minh City will be built in accordance with green constructionstandards with 30 million USD in investment from the Japanese Mitsubishi Group.
The investment will be made through Phuc Khang Corporation after the two sidesinked a strategic cooperation agreement to branch out green housing projects inthe city.
The complex will be developed under the Leadership in Energy and EnvironmentDesign (LEED) standards devised by the US Green Building Council.
After the Diamond Lotus Riverside project, the two partners will work togetherto develop more property investments in Districts 1, 2, 8 and 10 and Tan Binhand Tan Phu districts.
According to reports from the municipal People’s Committee, the real estatesector attracted the largest foreign direct investment amount with 984.4million USD during January-November, tripling the figure the same period lastyear.-VNA
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Japanese Mitsubishi Group and Phuc Khang Corporation inks strategic cooperation agreement.
