interesting link showing some of what PHI GROUP IN
Post# of 4319
up to lately. We should be getting News on this and other
developments as soon as CEO has access to LUX FUNDS.
https://www.indochinecounsel.com/ic-2-31-1015...uture.html
PHI Group was the latest US holding company that decided to establish solid operations in the real estate market of Vietnam. Recently, PHI signed a memorandum of understanding (MoU) for comprehensive co-operation to partner up with Hanoi MHD Invest JSC.
According to the MoU, PHI will assist MHD to become a publicly traded company in American or international stock markets. PHI will engage MHD for the execution of its building projects in Vietnam. It will also jointly develop and implement various real estate projects, and provide construction materials with new technologies to the Vietnamese market.
Before PHI, in 2018, BW Industrial Development JSC (BW Industrial), a joint venture between the US private equity fund Warburg Pincus and Vietnam’s Becamex IDC, had commenced operations in the southern province of Binh Duong. With over two million square metres of industrial land and $200 million in initial capital, BW Industrial is considered the largest supplier of industrial properties and logistics services in Vietnam in key economic zones in the north and south.