HD Mon Holdings and Indochina Capital on Thursday in Ha Noi signed a strategic partnership agreement.

Under the agreement, two subsidiaries of Indochina including Indochina Properties and Indochina Strategic would provide strategic consultancy and act as the official distribution agent for HD Mon’s new high-end project in central My Dinh.

According to HD Mon Holdings, the project is under construction and will be completed by 2021, with 891 high-end apartments and penthouses.

“Phase 2 of the Mon City project marks a turning point, with HD Mon bringing a new definition of living standards and quality, as well as providing world-class experience for residents and investors,” said Nguyen Anh Tuan, CEO of HD Mon Holdings.

The partnership is considered an important step for the project, as Indochina Capital has experience and success in the hi-end real estate market.

Michael Piro, Indochina Capital’s managing director said they would act as a bridge connecting investors and home-buyers with Mon City.

Established in 1997, HD Mon Holdings operates in the property sector. Currently, the company has invested in projects of Mon City’s phase 2, Mon Centre, Mon Bay and a large-scale five-star golf and hotel resort in Quang Ninh Province’s Van Don District. — VNS