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Singapore investment fund seeks opportunities in Hanoi

Báo Kinh tế và Đô thịBáo Kinh tế và Đô thị24/10/2024


From an investor's perspective, a representative from Makara Capital Investment Fund stated that, thanks to its growing market size and attractive investment environment, Vietnam is increasingly attracting the attention of international investors. In this context, the Fund wishes to explore investment opportunities in Vietnam in general and Hanoi in particular.

The Chairman of the Hanoi People's Committee received Mr. Ali Ijaz Ahmad, Founder and CEO of Makara Capital Investment Fund (Singapore).
The Chairman of the Hanoi People's Committee received Mr. Ali Ijaz Ahmad, Founder and CEO of Makara Capital Investment Fund (Singapore).

With its expertise focused on infrastructure, Makara Capital has experience in implementing projects with a total investment of up to $23 billion in the construction of airports and seaports in various countries.

The fund is currently also focusing on the energy sector with large-scale projects in Indonesia, the US, and more recently, has joined the global trend of expanding its activities in green and clean energy.

Makara Capital also seeks opportunities in public-private partnership (PPP) projects related to research, startup programs, building innovation ecosystems, and disseminating new technologies.

CEO Ali Ijaz Ahmad shared that the group's criteria for selecting investments are based on a country's development prospects, considering the entire supply chain, the availability of raw materials, and the ability to optimize production costs. In this context, he expects to maintain close cooperation with local governments in the country to seek opportunities for expanding investment portfolios.

Therefore, the leaders of the Singapore Investment Fund wish to hear about Hanoi's vision and development goals for the future, especially regarding innovation, intellectual property protection, and priorities in linking with localities to develop the economy and supply chains.

Welcoming the goodwill and cooperation from the CEO of Makara Capital Investment Fund, as well as his insights from his operations in various countries, Chairman of the Hanoi People's Committee Tran Sy Thanh affirmed that innovative startups, green industries, and new technologies are among Hanoi's top development priorities today.

Currently, the city has submitted two development plans for the capital city to the Prime Minister, covering the periods of 2045 and 2065. Therefore, there are many plans to restructure the development model towards a sustainable and smart direction in the near future.

Hanoi also has favorable conditions due to its concentration of universities and academic research centers, and its advantage in a young, high-quality workforce. The city also prioritizes creating favorable conditions for commercial activities, developing high technology, and promoting the startup ecosystem. In particular, the Lang Hoa Lac High-Tech Park is continuing to attract high-tech businesses, including major global partners and corporations.

Located in the Red River Delta region, Hanoi is also striving to enhance its role as a center and driving force for growth and development in the key economic region of the North and the entire country through active linkages and creating favorable conditions for research and development.

In this context, the head of the city government affirmed that he would create all conditions for potential cooperation activities between Hanoi and international partners in many fields, aiming for efficient, sustainable, and smart economic, trade, and investment development.



Source: https://kinhtedothi.vn/quy-dau-tu-singapore-tim-kiem-co-hoi-tai-ha-noi.html

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