Domestic consortium forms real estate firm
Ha Noi (VNA) – A consortium of State-owned and private enterprises has launched a new real estate development company with a chartered capital of 1 trillion VND (62.5 million USD).The Lilama Land Joint Stock Co was co-founded by the Viet Nam Construction and Machinery Installation Corporation (Lilama), Viet Nam National Tobacco Corporation (Vinataba), Ha Noi Beer, Alcohol and Beverage Corporation (Habeco), Tan Long Ltd Co, the Viet Nam National Construction Consultants Group, and the Ha Noi Building Commercial Joint Stock Bank (Habubank).
The firm will focus on major real estate projects such as new urban areas, shopping centres, high-rise offices and apartments, and industrial and economic zones, as well as offering consulting services.
Lilama general director Pham Hung asserted that Lilama Land would soon affirm its position on the domestic real estate market and gain the initiative in competing with foreign rivals, responding with a combination of large and experienced enterprises.
Lilama Land has 10 major projects already on its plate, according to its director, Nguyen Hoai Phuong.
Lilama Land also signed a series of deals with Vinataba and Habeco under which it will help the two move their production facilities out of Ha Noi and Ho Chi Minh City and build shopping centres in their place.-Enditem
được đăng bởi kude.punny @ 22:04
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