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Real estate group gets down to business   2011-01-06 - VNS

The Dong Nai Real Estate Association was inaugurated yesterday with an initial membership of 100 individuals and companies, including large firms like Tin Nghia Corp and Sonadezi.

Chairman Nguyen Thanh Lam said the association would update members with relevant policy developments as well as market information within and outside the province.

The association would also assist its members in several areas, including management and business promotion via seminars and training courses, and provide consultancy services, he said.

Lam said the province had posted an economic growth of 13.5 per cent last year, almost twice the country's average rate, drawing US$1.5 billion in foreign direct investment. These were signs of a positive investment environment for many sectors including real estate, he added.

Dong Nai plans to speed up major transportation projects including the HCM City-Long Thanh Dau Giay Expressway and Long Thanh International Airport.

Among the large property developments in the province are the 940ha Dong Sai Gon Urban Project, the 1,170ha Long Hung Urban Ecological Area and the 374ha Son Tien Ecocity Project.

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