Hong Kong groups sign US$1.4b investment memorandum

Chinese and Hong Kong investors and the Binh Dinh province People’s Committee signed memorandum on investment of project in the south central province with total estimated investment of US$1.4 billion on December 19.
Kee Hing Cheung Kee Co, Ltd or KHCK Hong Kong want to invest in a tourism project including a casino with total capital of about US$100 million, Chinese Shandong Haihua Group Co, Ltd will invest US$300 million in two soda production projects with a capacity of 600,000 tonnes a year in Cat Khanh Industrial Park, Phu Cat district, and petrochemistry and oil refining plant in Nhon Hoi economic zone, capacity with a capacity of eight million tonnes a year, with total investment capital of US$1 billion.

 

Category: Finance