PROJECT

Projects

Summary of Investment Information

Project Number

41772

Company Name

PHU MY HUNG DEVELOPMENT CORPORATION

Date SPI Disclosed

Mar 11, 2019

Country

Viet Nam

Region

East Asia and the Pacific

Projected Board Date

May 10, 2019

Environmental Category

B - Limited

Status

Active

Last Updated Date

Sep 12, 2019

Department

Regional Industry - MAS Asia & Pac

Industry

Tourism, Retail and Property

Previous Events

Approved : May 30, 2019
Signed : Jun 21, 2019
Invested : Sep 4, 2019

Sector

other

Project Description

Phu My Hung Development Corporation (“PMH” or the “Company”) is a Vietnamese property developer with its flagship development of Phu My Hung township in the outskirts of Ho Chi Minh City (“HCMC”). The Company is looking to expand through the development of (i) a new master-planned ecological township in Hoa Binh, as well as (ii) residential projects in HCMC targeted at the local population (the “Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation