On April 17, Binh Duong Provincial People's Committee granted the decision approving the investment policy and investor of The One World project.
The event was attended by leaders of Binh Duong province, the Consulate General of Japan in Ho Chi Minh City and leaders of departments and agencies.
Mr. Vo Van Minh, Chairman of Binh Duong Provincial People's Committee, presented the investment policy decision and approved the investor of One World Project.
At the ceremony, Kim Oanh Group also signed an Investment Cooperation Agreement for the One World Urban Area Project with three Japanese partners, including: Sumitomo Forestry Group, Kumagai Gumi Group and NTT Urban Development Company.
At the same time, signed a Cooperation Agreement on Developing a Commercial Center at the One World Urban Area project with AEON Vietnam Company (a member of AEON Group Japan).
The One World Urban Area Project has a scale of nearly 50 hectares and a total investment of more than 1 billion USD, located in Thuan Giao Ward, Thuan An City, Binh Duong Province, where Binh Duong's main roads pass through such as National Highway 13; Nguyen Thi Minh Khai and Ring Road 3.
Kim Oanh Group and Japanese partners signed a cooperation agreement to invest in One World Urban Area under the witness of Binh Duong province leaders and the Japanese Consulate in Ho Chi Minh City.
Ms. Dang Thi Kim Oanh, Chairwoman of the Board of Directors and General Director of Kim Oanh Group, said that the project is divided into 6 component projects, expected to build important facilities first including a conference - exhibition center, AEON shopping center, 5-star hotel, international inter-level school and officially introduce the product to the market in 2025.
Ms. Oanh emphasized that the cooperation between Kim Oanh Group and leading corporations from Japan is an important step in shaping the future of the One World project.
"The combination of capacity, potential, experience and commitment from each side, The One World Urban Area will become a model urban area, a symbol of prosperity in Thuan An City, Binh Duong Province" - Ms. Oanh said.
Perspective of One World Project located in Thuan Giao ward, Thuan An city, Binh Duong province
According to the signed agreement, the project's cooperation structure will be divided in the ratio of Kim Oanh Group holding 51% of shares; three Japanese partners including Sumitomo Forestry, Kumagai Gumi and NTT holding 49% of shares.
AEON Vietnam will develop and operate a large-scale high-end shopping mall right in the One World urban area.
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Source: https://nld.com.vn/binh-duong-chap-thuan-chu-truong-dau-tu-du-an-bat-dong-san-hon-1-ti-usd-196240417150109627.htm
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