Diversified conglomerate Imex Pan Pacific Group (IPP) of dollar billionaire Johnathan Hanh Nguyen wants to invest in Bac Van Phong, pledging to attract US$40 billion investment to turn the region into a modern economic zone.
A significant wave of private investment is flying into aviation infrastructure on the back of improvements in long-term development planning for the sector in Viet Nam.
American businesses plan to invest in a large project in Thu Thiem new
urban area that would be turned into a leading service and finance
centre, according to the Government''s news portal.
Southern Airport Services Company (SASCO), reached a net revenue of
VND1.479 trillion (US$66 million) and a profit after tax of VND126.3
billion ($5.5 million) in the first three quarters.
President of the Imex Pan-Pacific Trading Group Jonathan Hanh Nguyen has
asked the transport ministry''s permission to purchase more stakes in
Southern Airports Services Company Ltd. (SASCO).
The Imex Pan-Pacific trading group has asked the transport ministrys
permission to buy Phu Quoc International Airport in the southern
province of Kien Giang.
Three companies linked to Imex Pan Pacific trading group Chairman
Jonathan Hanh Nguyen are expected to buy a combined 23.6 per cent stake
in the Southern Airports Services Company Ltd.