Keppel Land signs investment collaboration deal with Vietnam

Currently it has 20 licensed projects across the country.

Keppel Land has signed a Memorandum of Understanding with Vietnam's State Capital Investment Corporation (SCIC) to collaborate on investment opportunities in Vietnam.

The MOU was signed in Hanoi between Keppel Land CEO Ang Wee Gee and SCIC chairman Nguyen Duc Chi. The signing was witnessed by Singapore Prime Minister Mr Lee Hsien Loong and the Prime Minister of Vietnam, Mr Nguyen Xuan Phuc.

"Vietnam is one of Keppel Land's key growth markets where we are committed to deepen our presence. We are constantly on the lookout for strategic alliances with like-minded partners to grow our business," said Ang.

Keppel Land is one of the largest and pioneer foreign real estate investors in Vietnam, with 20 licensed projects across the country and a pipeline of more than 25,000 homes.