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General Director of Prudential Investment Fund visits Dongnai

On September 19, Mr. Alex Hambly, Acting General Director of Prudential Investment Fund, had a working session with leaders of Dongnai province as to know more about projects to develop infrastructure in Dongnai. Vice chairperson of provincial People’s Committee received and worked with the delegation.

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Vice chairperson of provincial People's Committee Dinh Quoc Thai is discussing with Prudential's representatives

Having many big projects to develop infrastructure, Dongnai is in need of capital with the total amount of over 100 thousands billion VND for the next five years. To carry out these projects, Dongnai is attracting financial investors to invest in these projects. Dongnai Leaders hoped that with its own experience and fame, the Prudential Investment Fund will assist Dongnai in mobilizing capital or introducing potential investors to cooperate with Dongnai.

Prudential Investment Fund is one of the biggest financial funds in Vietnam with the total capital of over 650 million USD. Its strategy is to buy in government bond and stock in the securities market and to invest in real estate…Leaders of Prudential Investment Fund pointed out that to mobilize capital for these projects Dongnai should issue provincial bond with term from 10 to 20 years. They also confirmed that they would cooperate with Dongnai if Dongnai worked out a long-term plan for these projects.

(Translated by THKC)

Author: admin

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