Malaysian Minister of International Trade and Industry paid a visit to Gamuda City

March 23, 2022 | 18:09
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On the sidelines of the official visit to Vietnam by Malaysian Prime Minister Dato 'Sri Ismail Sabri Yaakob in March 19, Malaysian Minister of International Trade and Industry YB Dato' Seri Mohamed Azmin Ali paid a visit to Gamuda City in Hanoi's Hoang Mai on March 19. The visit aimed to encourage and recognise the contributions of Malaysian investors to Vietnam.
Malaysian Minister of International Trade and Industry paid a visit to Gamuda City
Gamuda City in Hanoi is one of the highlight projects developed by the Malaysian real estate developer Gamuda Land

The minister also lauded the achievements of Gamuda Land's real estate projects in Vietnam. The developer has constantly fulfilled its environmental, social, and governance (ESG) responsibilities amid the global transition towards a green economy.

Malaysian Minister of International Trade and Industry paid a visit to Gamuda City
The representative of Gamuda Land Vietnam welcomed the minister

Gamuda City is one of the largest urban areas developed by Gamuda Land. The Malaysian developer is famous for its urban green projects around the world. With a comprehensive approach to infrastructure construction and urban development, Gamuda Land Vietnam focuses on a sustainable, thriving, and healthy environment.

“Our difference lies in our pioneering efforts to keep up with ESG investment trends. Sustainable investment is always an effective strategy. The implementation of ESG criteria will improve our operational efficiency and corporate reputation,” said Ng Teck Yow, general director of Gamuda Land Vietnam.

Malaysian Minister of International Trade and Industry paid a visit to Gamuda City
The representative of Gamuda Land Vietnam introduces Gamuda City to the minister

Yen So Park is Gamuda City's green space in the heart of Hanoi. Nearly ten kilometres from the centre of Hanoi, Yen So Park is seen as a green lung of Hanoi, mainly covered with lakes and green trees.

With a refreshing, green landscape, Yen So Park attracts hundreds of visitors to enjoy, relax, and admire the scenery. There are thousands of visitors on weekends.

Malaysian Minister paid a visit to Gamuda City by Gamuda Land
The minister and representative of Gamuda Land Vietnam rode bicycles to Yen So park

During the meeting with Malaysian businesses in Vietnam on the afternoon of March 20 at the Sheraton Hanoi Hotel, the Malaysian prime minister and government members listened to the difficulties and achievements of Malaysian businesses in Vietnam as well as the constructive proposals for further development.

The Malaysian PM also recognised the efforts of Malaysian businesses in Vietnam, including Gamuda Land Vietnam. These businesses have not only contributed to the national socioeconomic progress by generating employment for Vietnamese people but also competed well on a global scale.

Malaysian Minister paid a visit to Gamuda City by Gamuda Land
The meeting with Malaysian businesses at Sheraton Hotel Hanoi

Gamuda Land's representative said, “After the high-level visit and the determination from the leaders of two countries, we believe that there will be more projects by Malaysian investors, contributing to the country’s socioeconomic development.”

Malaysia is Vietnam’s eighth-largest foreign investor with more than $12.8 billion in the total investment capital. Malaysia has actively strengthened its partnership with Vietnam both vertically and horizontally in recent years. Both countries are determined to revive their economies as well as promote research and development.

By Nguyen Huyen

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