BIDV finances the construction of Cap Saint Jacques Complex in Vung Tau City

The signing ceremony of the Project Financing Credit Contract was recently held by the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and the Construction Development Investment Corporation (DIC) - the Project Investor - in Ho Chi Minh City on August 19, 2024.

Representatives of BIDV and DIC signed the Credit Contract to finance the Cap Saint Jacques Complex Project Phase 2 & 3

According to the signed credit contract, BIDV will finance the Cap Saint Jacques Complex Project Phase 2 & 3 including the following items: 5-star hotel block (block C3) and tourist apartment and hotel block (block C4). The completed project will provide the market with the most luxurious hotel - resort apartment complex in Vung Tau City, contributing to stimulating local tourism demand.

DIC Chairman Nguyen Hung Cuong shared:

DIC and BIDV have established a cooperative relationship since 1996. Cooperating with BIDV in this Project will continue to bring the relationship between the two sides to a new level.

Speaking at the signing ceremony, Mr. Le Ngoc Lam - General Director of BIDV - said:

The signing ceremony of the Credit Agreement to finance the Cap Saint Jacques Complex Project Phase 2 & 3 is a clear demonstration of the determination to develop together between BIDV and DIC, contributing to the overall socio-economic development of the country.

BIDV is a long-standing and largest joint stock commercial bank in Vietnam: Total assets as of June 30, 2024 reached VND 2.52 million billion, a network of nearly 1,100 branches and transaction offices in the country, serving more than 500,000 corporate customers. BIDV's excellent results on the journey of accompanying corporate customers have been recognized by international organizations and honored with prestigious awards such as: Best SME Bank in Southeast Asia and Best Corporate Bank in Southeast Asia (voted by Global Banking & Finance Review); Top 10 Sustainable Enterprises in the field of trade - services (voted by VCCI) ...

Source: https://bidv.com.vn/bidv/tin-tuc/tin-ve-bidv/bidv-tai-tro-von-xay-dung-khu-phuc-hop-cap-saint-jacques-tai-vung-tau