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C.T Group signs major deals at Vietnam-Singapore Business Forum 2018

Released at: 17:18, 27/04/2018 BUSINESS SPOTLIGHT

C.T Group signs major deals at Vietnam-Singapore Business Forum 2018

Photo: C.T Group

Deals for projects in HCMC struck on April 26 during PM's visit to Singapore.

by Le Chi

Vietnam’s C.T Group signed a series of agreements with Soilbuild, the Singapore-based leading integrated property group, on April 26 at the Vietnam-Singapore Business Forum in Singapore, held within the framework of Prime Minister Nguyen Xuan Phuc's official visit to Singapore from April 25 to 27.

Prime Minister Phuc and representatives from the Singaporean Government witnessed the signing ceremony between the two sides.

They included memoranda of understanding (MoUs) on the construction of the I-Town Urban Area in Ho Chi Minh City’s Binh Chanh district, a $350-million project under the city’s master plan to develop its satellite cities, and on the establishment of a $64-million factory that utilizes Prefabricated Prefinished Volumetric Construction technology in the building of residential apartments. This cutting-edge technology has been applied in Singapore in recent times and helped drive significant progress in the country’s construction industry. 

Earlier, the C.T Group also inked a cooperation deal with Soilbuild Singapore to build and promote the brand name of a 1,600-apartment project at 360 Ha Noi Highway, Ho Chi Minh City, with total investment of nearly $100 million.

The C.T Group also strengthens its ties with other international partners, particularly Japan and South Korea.

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