Daiwa Plans to Invest US$6.2 Bln into Vietnam in Next 3 Years
Daiwa, Japan’s leading property developer, plans to invest JPY650 billion (US$6.2 billion) in Vietnam’s realty market in the next three years, Vietnam News Agency said on May 14.
Daiwa said it will raise half from financial institutions and the remaining from selling stakes of its subsidiary property company, which will be listed in the coming time, the agency noted.
Besides, Daiwa plans to invest JPY150 billion into interior furniture and JPY60 billion into robot and lithium battery production. (VNA)
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