The handshake of the "big guys"
According to the cooperation agreement, Sumitomo Forestry will invest with Kim Oanh Group to establish a joint venture company KS Sustainable Development JSC to implement a real estate project in Vung Tau city, Ba Ria Vung Tau province. The project has a scale of 118 townhouses and shophouses, expected to be announced to the market by the end of this year.
The above project is just the beginning of the cooperation between the two parties. Currently, Sumitomo Forestry Group is continuing to research and cooperate with Kim Oanh Group to develop other large projects.
Sumitomo Forestry is an international corporation with a 332-year history of operating in many fields, including resource and environmental business, wood and construction materials, real estate and housing, construction and social security services... Currently, Sumitomo Forestry Group is also very successful with many business activities in Vietnam.
With its reputation and development history, Sumitomo Forestry Group always sets strict standards for selecting business partners. Therefore, becoming a strategic partner of Sumitomo Forestry to develop real estate projects in the Vietnamese market is a big step forward, strongly affirming the capacity and development prospects of Kim Oanh Group.
In particular, the collaboration of two major brands will ensure that real estate projects are implemented to achieve better standards, providing living spaces that approach international standards to deliver a perfect experience in quality as well as increase product value when delivered to customers.
Sharing about the cooperation signing event with Kim Oanh Group, a representative of Sumitomo Forestry Group said the reason for choosing Kim Oanh Group is because both sides share the same strategic vision, development value system and this is also a Group with the capacity to develop projects with a dynamic staff.
According to the representative of Sumitomo Forestry Group, the Vietnamese real estate market has a lot of potential with a young population structure, stable economic growth at a high level, and strong urbanization... Therefore, the cooperation with Kim Oanh Group will help Sumitomo Forestry open the door to exploit the real estate market with 100 million people.
Meanwhile, Ms. Dang Thi Kim Oanh - Chairman of Kim Oanh Group, shared that joining hands with the Japanese giant to develop a project in Ba Ria - Vung Tau has laid the first foundation in Kim Oanh Group's journey to reach the international market. Not only the residential real estate sector, the cooperation prospect between Sumitomo Forestry and Kim Oanh Group also aims at other areas such as industrial real estate, trade - services, tourism - resorts, construction and social security...
“Sumitomo Forestry is a leading corporation in many backbone sectors of the economy. Therefore, the cooperation not only strengthens its potential but also helps Kim Oanh Group accumulate experience in management - operation, investment strategy and enhance its brand in the market... In particular, this cooperation event also opens up the prospect of effectively developing the clean land fund that Kim Oanh Group owns up to 500 hectares in many potential areas such as Binh Duong , Dong Nai, Ba Ria Vung Tau, Kien Giang”, Ms. Oanh shared.
New development phase of Kim Oanh Group
After 15 years of development, Kim Oanh Group has grown to become one of the prestigious real estate developers in Vietnam with a real estate value chain including: land fund and project development, real estate marketing and brokerage, infrastructure construction and development, high-end real estate development and professional charity fund.
On the other hand, after moving its headquarters to Ho Chi Minh City, Kim Oanh Group has also completed the model of a multi-industry investment group. Specifically, in addition to residential real estate, Kim Oanh Group is expanding its investment in potential areas such as industrial real estate, education, trade - services, tourism - resorts, etc. Up to now, Kim Oanh Group has successfully developed about 50 projects in key markets in the Southern region.
One of the great advantages of Kim Oanh Group is that it owns many "golden land" funds with prime locations, high value and a solid business foundation. Not stopping there, the Group is still continuing to hunt for new land funds, adding to its investment portfolio urban area projects of 50-100ha to prepare for the next development phase.
Before establishing a strategic partnership with Sumitomo Forestry Group, Kim Oanh Group also cooperated with many foreign partners such as: Frasers Property, CPG, Surbana Jurong (Singapore), Maple Bear (Canada)... Many domestic corporations have also strategically cooperated with Kim Oanh Group such as: OCB, FPT Software, Interlink Education. With the recent promotion of international cooperation, Kim Oanh Group is opening a new development phase that is not only more professional and sustainable but also contributes more good values to customers and the community.
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