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Singapore investment fund seeks opportunities in Hanoi

Báo Kinh tế và Đô thịBáo Kinh tế và Đô thị24/10/2024


From an investor perspective, a representative of Makara Capital Investment Fund said that thanks to its growing market size and attractive investment environment, Vietnam is increasingly attracting the attention of international investors. In that context, the Fund wishes to explore investment opportunities in Vietnam in general and the capital city of Hanoi in particular.

Chairman of Hanoi People's Committee received Mr. Ali Ijaz Ahmad, Founder - General Director of Makara Capital Investment Fund (Singapore).
Chairman of Hanoi People's Committee received Mr. Ali Ijaz Ahmad, Founder - General Director of Makara Capital Investment Fund (Singapore).

With its strength in infrastructure, Makara Capital has experience implementing projects with a total investment of up to 23 billion USD in building airports and seaports in various countries.

The Fund is also currently focusing on the energy sector with large-scale projects in Indonesia, the US... and recently joining the world trend in expanding activities in green and clean energy.

Makara Capital also seeks opportunities in public-private partnership (PPP) projects, involving research, start-up programs, building innovation ecosystems and spreading new technologies.

CEO Ali Ijaz Ahmad shared that the group’s criteria for selecting investments is to look at the development prospects of a country, consider the entire supply chain, the supply of raw materials, as well as the ability to optimize production costs. In that context, he expects to maintain close cooperation with local governments in the country to seek opportunities for expanded investment portfolios.

Therefore, the leaders of the Singapore Investment Fund wish to hear about Hanoi's vision and development goals in the coming time, especially related to the fields of innovation, intellectual property protection as well as priorities in linking with localities to develop the economy and supply chains.

Welcoming the goodwill of cooperation from the General Director of Makara Capital Investment Fund as well as his sharing during his operations in many countries, Chairman of Hanoi People's Committee Tran Sy Thanh affirmed that creative startups, green industry, and new technology are also among the top development priorities of Hanoi today.

The city has submitted to the Prime Minister two plans for the capital's development until 2045 and 2065, so in the near future there will be many plans to restructure the development model towards sustainability and smartness.

Hanoi also has favorable conditions when concentrating many universities, academic research centers, and has advantages in young, high-quality human resources. The city also prioritizes creating conditions for commercial activities, developing high technology, and promoting the startup ecosystem. In particular, Lang Hoa Lac High-Tech Park is continuing to call for high-tech enterprises to participate, including large partners and corporations in the world.

Belonging to the Red River Delta, Hanoi is also striving to promote its role as the center, driving force for growth and development of the key economic region in the North and the whole country through active linkage activities, creating conditions for the research and development process.

In that context, the head of the city government affirmed that he will create all conditions for Hanoi's potential cooperation activities with international partners in many fields towards economic-trade-investment development in an effective, sustainable and smart direction.



Source: https://kinhtedothi.vn/quy-dau-tu-singapore-tim-kiem-co-hoi-tai-ha-noi.html

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