Nam Long Group has signed a strategic cooperation pact with Japan-based realty group Hankyu Hanshin Properties Corporation on developing an 820 million USD integrated urban project in the southern province of Dong Nai.
The 170-ha Izumi City is expected to offer some 3,000 low-rise buildings surrounded by services like health and school facilities.
Its first products are scheduled to debut in the third quarter of 2021.
Nam Long and Hankyu Hanshin Properties have cooperated in five projects in the past five years.
Source: VOV5