PORTAL - On the afternoon of June 2, at Binh Duong Administrative Center, Mr. Nguyen Loc Ha - Member of Provincial Standing Party Committee, Vice Chairman of the Provincial People's Committee (PPC) received and worked with the ESR Group's leadership delegation led by Mr. Stuart Gibson - Co-Founder and Chairman of ESR Group.
At the meeting, Vice Chairman of the PPC Nguyen Loc Ha gave an overview of Binh Duong's socio-economic development and investment attraction. He affirmed, with an open and attractive investment environment, in recent years, Binh Duong has always been one of the leading provinces and cities nationwide in attracting foreign direct investment (FDI). Binh Duong is currently ranked 2nd in the country in attracting FDI, just behind Ho Chi Minh City. Accumulated to May 15, 2022, the province has 4,047 investment projects from 65 countries and territories with a total registered capital of 39.5 billion USD.
Vice Chairman of the PPC Nguyen Loc Ha receives Mr. Stuart Gibson - Co-Founder and Chairman of ESR Group
Talking with provincial leaders, Mr. Stuart Gibson said that ESR Group specializes in managing real estate assets, the largest in the Asia-Pacific region and supporting new economic sectors with total assets under management of 140 billion USD. ESR Group is the third largest listed real estate investment manager globally, located in 28 countries and territories, including China, Japan, Korea, Australia, Singapore, India, New Zealand and Southeast Asia, Europe and the United States; in which, 95% of the Group's GDP is from the Asia-Pacific region. New economic real estate is the main growth driver, 80% of the Group's new lease contracts are in the e-commerce industry. ESR Group is building a strategy to expand data centers in Asia - Pacific and solar power projects.
With many years of experience in operating and developing in the Asian market along with investment potential in Vietnam in general and Binh Duong in particular, Mr. Stuart Gibson believes that the Group will continue to achieve many successes.
Vice Chairman of PPC Nguyen Loc Ha presents a souvenir to the leader representative of ESR Group
Vice Chairman of the PPC Nguyen Loc Ha highly appreciated the potential of ESR Group. In the coming time, Binh Duong prioritizes attracting investment in high-tech, environment-friendly, less labor-intensive industries and fields, creating high added value; supporting industries, high-tech agriculture and especially attracting investment in the Science and Technology Industrial Park on the basis of industry 4.0. At the same time, diversifying to attract foreign investment from potential markets and partners, focusing on the world's leading developed countries, transnational corporations holding advanced technology and modern management level. The Vice Chairman of the PPC hoped that ESR Group will soon invest and operate in Binh Duong.
Delegates take a souvenir photo
Reported by Doan Trang- Translated by Thanh Tam