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Lotte Land wishes to invest in many projects in Dong Nai

In the morning of October 06, Vice Chairman of the Provincial People's Committee Vo Tan Duc and leaders of departments and branches had a meeting with Lotte Land Co., Ltd (Lotte Land) and Korea Real Estate Corporation (state-owned enterprise of Korea).

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Vice Chairman of Provincial People's Committee Vo Tan Duc and other departments worked with the delegation of Lotte Land Co., Ltd (Lotte Land) and Korea Real Estate Corporation

At the meeting, Vice Chairman of the Provincial People's Committee Vo Tan Duc informed the situation of attracting foreign investment capital of Dong Nai. Specifically, there are 44 countries and territories investing in the province with a total of 1,547 projects, total registered capital of over USD 32 billion. Korea is the country with the most investors in Dong Nai with 426 projects, total investment capital of USD 7.2 billion. Particularly in the first 9 months of 2022, Dong Nai recorded 9 projects with investment capital from Korea in Dong Nai's industrial zones with a total registered capital of over USD 186 million. Particularly, Lotte Group is currently investing in Lotte Mart Supermarket near AMATA Industrial Park.

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Lotte Land Co., Ltd (Lotte Land) and Korea Real Estate Group learn about investment

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The Vice Chairman of the Provincial People's Committee also informed that by 2025, Long Thanh International Airport, which is being built by the Government in Dong Nai, will be completed and put into operation. Along with that, the traffic routes connecting to this airport will also be completed, which will create great advantages for investors. Dong Nai always encourages and creates favorable conditions for foreign businesses to invest, especially Korean ones.

At the meeting, General Director of Lotte Land (belonging to Lotte Group) said that Lotte Land enterprise specializes in implementing complex projects in Vietnam. Dong Nai is a province with great development potential, Lotte Land is continuing to seek investment opportunities in the province through cooperation with existing investors, transferring projects, housing projects.

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Vice Chairman of the Provincial People's Committee Vo Tan Duc and departments and branches took souvenir photos with the delegation of Lotte Land Co., Ltd (Lotte Land) and Korea Real Estate Corporation


Currently, Lotte Land is researching 3 projects in the province with the form of joint venture, receiving transfer, Lotte Land also bought a land plot in Nhon Trach 6 Industrial Park to implement its projects. Lotte Land's General Director wishes to always receive support from leaders of the Provincial People's Committee and departments in matters related to legal procedures.

At the meeting, the representative of Korea Real Estate Corporation also informed that the company is currently implementing a clean industrial project in Hung Yen province and ready to support Dong Nai in the implementation of smart urban planning in Long Thanh airport area.

Vice Chairman of the Provincial People's Committee Vo Tan Duc also acknowledged the opinions of the two businesses and said that the province will create the most favorable conditions for businesses to invest in Dong Nai.

 





Author: Quoc Khanh

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