Lotte calls for authorities’ support in building eco-urban project
Lotte calls for authorities’ support in building Thu Thiem eco-urban complex
The Korea-based Lotte Group wants assistance from authorities in Ho Chi Minh City to implement its eco-urban complex project at the city’s Thu Thiem New Urban Area, said a leader of the company.
Participants of the reception pose for a photo with Secretary of the municipal Party Committee Nguyen Thien Nhan (fifth, from left) and Vice Chairman of the Lotte Group Hwang Kag-gyu (fourth, from left) at the centre (Source: HCMCPV.ORG.VN)
HCM City (VNA) – The Korea-basedLotte Group wants assistance from authorities in Ho Chi Minh City to implementits eco-urban complex project at the city’s Thu Thiem New Urban Area, said aleader of the company.
Vice Chairman of the Lotte Group HwangKag-gyu made the statement while being received by Secretary of the municipalParty Committee Nguyen Thien Nhan in the city on July 25.
Hwang said his group’s investment idea inthe Thu Thiem area formed in 1994 turned into a reality after representativesof Lotte and HCM City signed a contract on the eco-urban complex project inJuly 2017.
He said Lotte expects further support fromthe city so it can quickly begin building the complex.
Hwang said member companies of his groupwant to take part in the city’s urban railway project and are ready forbidding. They are also interested in building local wastewater treatmentfacilities.
Lotte wants support for long-term investmentin Vietnam, he affirmed.
The HCM City Party Committee’s SecretaryNhan welcomed Lotte’s projects in Vietnam, saying they have contributed to thetwo nations’ relations.
Noting the good progress of the 900-million-USDeco-urban complex, the official stated that the city will help it beconstructed soon.
He said there are other projects for Lotteto join in the Thu Thiem New Urban Area, suggesting building a financial centreand other financial facilities.
Nhan revealed that the city is designing aplanning project for Thu Duc District, District 9 and District 2 to make theminnovative urban areas and the core of the 4th Industrial Revolutionin HCM City.
The Lotte Group has operated in Vietnamsince 1996, opening 16 member companies for its investment in the country.-VNA
The Ho Chi Minh City People’s Committee has selected the Republic of Korea’s Lotte group as the investor of a smart complex project in the city’s Thu Thiem New Urban Area.
Representatives from Ho Chi Minh City’s authorities and a Lotte Group joint venture signed a contract on the construction of the Eco Smart City in new Thu Thiem urban area on July 25.
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Participants of the reception pose for a photo with Secretary of the municipal Party Committee Nguyen Thien Nhan (fifth, from left) and Vice Chairman of the Lotte Group Hwang Kag-gyu (fourth, from left) at the centre (Source: HCMCPV.ORG.VN) 
