Indochina Capital Invests Further US$200Mln in Vietnam's Real Estate

11:33:50 AM | 5/16/2006

Indochina Capital Group (IC) announced that it has invested more US$200 million in property projects in Vietnam, said the IC chairman Marc Faber.
 
As much as US$100 million had been invested in houses, office buildings, hospitals and urban areas in Ho Chi Minh City alone.
 
Meanwhile, a half of the capital had been poured into hotels and resorts in Vietnam’s central coastal region.
 
Operating for 15 years in Vietnam, IC has invested some US$1 billion in property market in the country.

Vietnam Economic Times