The Keppel Group held the groundbreaking ceremony this morning for Saigon Sports City, a 64-hectare site which will be developed into a smart, integrated township in the prime District 2 of Ho Chi Minh City.
The smart city will be built by a joint venture between BRG Group and Sumitomo Corporation.
The southern economic hub of Vietnam is paying attention on model and solutions implemented by the Indonesian ride-hailing service, desiring to apply them in its smart city development.
As there is an increasing number of foreign investors seeking for investment opportunities in industrial sector in Vietnam, it would be worthwhile to look into proper strategies to enter the market.
Smart homes and smart townships are becoming the new norm of modern cities in Vietnam, with more and more property developers are promptly integrating high techs into their projects and products, to cater to the rising demand of the smart populations.
Keppel Land is committed to furthering its investments in the southern commercial hub, paying attention to its smart property development.
Smart home trend is thriving in Asia but still in infancy in Vietnam, according to JLL.
New residential projects would require global brand, international technology standards, quick and easy to install, good after-sale services and app customization, according to country president of Schneider Electric Vietnam, Myanmar, and Cambodia Yoon Young Kim.
The real estate sector continued receiving robust interest from foreign investors by ranking first in the contribution to FDI registration with over $4.9 billion, in which the Smart city project in Hanoi accounted for the majority, according to Savills.
With available strengths, French enterprises operating in Vietnam are expected to support Vietnam in the new areas that are focused to develop, especially smart cities.
The $4 billion smart city project invested by the joint venture between Vietnam’s real estate developer BRG Group and Japanese-based trading company Sumitomo has been licensed by the Hanoi People's Committee.
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Under the investment plan of the Imex Panpacific Group, the Bac Van Phong special economic zone will include such items as the tourist area, smart city, residential and industrial areas, airport, roads and port area.
The ever largest smart city in Ha Long, Quang Ninh province is expected to be commenced by Amata Vietnam in 2020.
According to the leader of Amata Vietnam, the smart city project located in Ha Long city, Quang Ninh province has the total land area of 5,789ha with the investment capital of $1.6 billion divided into two stages.
