|
|
|
|
|
TOKYO, Dec 26, 2017 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce that it has reached an agreement on its participation in a residential development project underway in Ho Chi Minh City (HCMC), Vietnam. The project is being developed by Phuc Khang Investment and Construction Corporation (PK), a real estate developer in Vietnam. MC is already engaged the real estate development business in two cities in Vietnam - Binh Duong in the suburbs of HCMC and Hanoi, but this project will be its first in central HCMC, the country's largest real estate market.
The project is located just 4 km southwest of the center of HCMC and is being developed by PK. The complex boasts distinctive features, including all units having the highly popular river view as well as high-performance functions that are quite advanced in Vietnam such as energy-efficient and water-saving technology, greening and insulation, among others. The project is mainly targeting HCMC's rapidly growing middle class.
HCMC is the largest city in Vietnam, both in terms of population and economic scale. With steady economic growth resulting in an expanding middle class and accelerating demand for infrastructure development, including new urban transportation systems, the HCMC market is expected to continue seeing an increase in the demand for housing and other real estate. Starting with this project, MC's aim is to continue working with PK to execute other real estate projects in HCMC.
Contact:
Mitsubishi Corporation
Telephone: +81-3-3210-2171
Facsimile: +81-3-5252-7705
Topic: Press release summary
Source: Mitsubishi Corporation
Sectors: Real Estate & REIT
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| |
| Mitsubishi Corporation Related News |
|
| Friday, 11 April 2025, 10:39 JST |
| Mitsubishi Corporation makes DennoKotsu an equity-method affiliate company, strengthening efforts to address regional transportation challenges |
|
| Wednesday, 9 April 2025, 18:22 JST |
| Mitsubishi Corporation to Participate in Demonstration Project for New Hydrogen-Based Ironmaking |
|
| Friday, 4 April 2025, 9:04 JST |
| Mitsubishi Corporation Announces Corporate Strategy 2027 |
|
| Tuesday, 1 April 2025, 14:16 JST |
| Mitsubishi Corporation: Development of R&D Hub "iPark Kobe" in Kobe Medical Industry City |
|
| Friday, 28 March 2025, 16:29 JST |
| Mitsubishi Corporation, ADM Sign Non-Binding MOU, Form Strategic Alliance |
|
| More news >> |
|
|
|
