UAE businesses seek investment opportunities in HCM City
Deputy Chairman of the Ho Chi Minh City People Committee Le Thanh Liem on July 31 received a United Arab Emirates (UAE) business group seeking investment cooperation opportunities in the city.
Parking shortage plagues big cities (Photo:new.tuoitre.vn)
Deputy Chairman of the Ho Chi Minh City People Committee Le Thanh Liem on July 31 received a United Arab Emirates (UAE) business group seeking investment cooperation opportunities in the southern city.
Sultan Rashed Ahmad Lootah, General Director of Vault Investment and Management Fund and head of the business group, lauded the city’s development potential and presented a smart city project and an underground car park initiative in the city.
The two projects would fall in line with HCM City’s priorities of advanced technology, a friendly environment and meeting the interests of citizens, he said. Deputy Chairman Le Thanh Liem stressed that the city wishes to attract resources for development investment, particularly from foreign entities. The city also pledges to create favourable conditions for UAE enterprises.
He said ജhe will instruct relevant agencies to work with the UAE side on the proposed projects.-VNA
Ho Chi Minh City ’s authorities on Oct. 15 signed with the Development and Investment for Underground Space Inc. a deal on the construction of an underground multi-storeyed car park at Le Van Tam Park in the city’s central District No. 1.
The People’s Committee of Ho Chi Minh City has allowed the Underground Space Development Investment Corporation (IUS) to carry out a project to build an underground car park in District 1.
There have been many times when Le Van Thanh Tung, a driver working for Bayer Vietnam Company, had to drive around for two or three kilometres to find parking space in downtown HCM City.
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Parking shortage plagues big cities (Photo:new.tuoitre.vn)
