HFIC and IPC in infrastructure development deal
HCMC Finance and Investment Company (HFIC) have clinched a comprehensive cooperation agreement with Tan Thuan Industrial Promotion Company Limited (IPC) to get involved in infrastructure development projects in the city.
According to HFIC, the two sides will initially give priority to those projects conducive to the city’s growth such as Hiep Phuoc new urban area, Hiep Phuoc port complex, phase three of Hiep Phuoc Industrial Park, Nguyen Van Linh interchange, and the north-south road.
With professional experience and skilled labor, HFIC and IPC can help the city raise capital for infrastructure development and bring more positive changes in the years to come so that the city will be able to remain as the nucleus of the southern key economic region and maintain its lead in terms of economic development.
HFIC is a state finance firm in charge of funding social and technical infrastructure projects in the city. It has already been involved in multiple major projects such as Saigon Bridge 2, Tan Cang-Hiep Phuoc port complex, a water treatment plant in Thu Duc District, and Phu My Bridge.
As one of the biggest enterprises in HCMC, IPC plays a key part in infrastructure development in the city in particular and the southern economic region in general. Tan Thuan Export Processing Zone, Nguyen Van Linh Boulevard, Phu My Hung New Urban Area, and Hiep Phuoc Industrial Park are among the projects which IPC has participated in.
In the coming time, IPC will be one of the key companies responsible for developing a special economic zone in the city.
