CII to Invest VND240Bln in Two Projects
Ho Chi Minh City Technology Infrastructure Investment Joint Stock Company (CII) will invest a combined VND240 billion in two domestic projects.
The company will invest VND150 billion, or 40 per cent of the NBB Apartment Building’s total investment. The project is expected to bring the firm VND100.8 billion in net profit.
In addition, CII will also spend VND90 billion to set up the Petroland Joint Stock Company.
Petroland, which has registered capital of VND1 trillion, will focus its investment on real estate projects. Its foundation shareholders include PetroVietnam Group, PVFC, Petechim and BIDV. (VSE)
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