Sovico Group researches for investment in Dong Nai

The provincial leaders and departments took a souvenir photo with Sovico Group on the occasion of the visit 

Sovico is a large, multidisciplinary private economic group of Vietnam, present in the fields of aviation, finance-banking, real estate, tourism, etc. with famous brands such as Ho Chi Minh City Development Joint Stock Commercial Bank (HD bank), Vietjet airline, Phu Long real estate and so forth. As a multidisciplinary corporation, Sovico is currently operating very well in Dong Nai in the field of banking and real estate projects. Mr. Nguyen Thanh Hung, Chairman of the founding Board of Directors, said that the airline transport business with Vietjet is a leading member of the group in terms of market share in Vietnam. The airline is expected to develop its fleet from 100 aircrafts at present to 400 by 2027. The development of the airline's fleet is in anticipation of the Long Thanh International Airport Project. Sovico wants the province and related agencies to create favorable conditions for investment in socializing ancillary items for airport operations such as aircraft repair services, accommodation for pilots, petrol supply warehouse, meal supply and so on.

The founding chairman of Sovico Group, Mr. Nguyen Thanh Hung, discussed the development strategy of the unit.

In addition, Sovico also wants to learn about the vicinity of the airport for investment in logistics services, real estate projects, smart cities, aviation high-tech industrial park, etc.

Chairman of the Provincial People's Committee Cao Tien Dung acknowledged the above proposals and advised that in the coming years, Dong Nai will continue to be the destination for attention of large enterprises and corporations, and Sovico is one of them. The province's view is that it will create conditions for businesses to explore and invest in projects on the basis of fair competition and compliance with approved general plans. In order to take the next steps, Sovico Group needs to set up a working group for communication with the relevant departments, to propose projects that can be invested and developed in the most appropriate manner.

Vi Quan