VNRE - WCT (S) Pte Ltd, under WCT Berhad, one of Malaysia’s largest construction and property development groups, on December 27 was licensed to carry out a housing and commercial complex project in HCM City.
Accordingly, WCT (S) Pte Ltd and Southern Land Corp JSC will establish a joint venture called WCT-DPN Co Ltd with initial charter capital of $25.15 million.
The company will develop a middle-and high-class apartment and real estate project for leasing or selling.
The project is built on an area of 46,577sq.m in the southern new urban area of HCM City.
Source: VOV
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