Place plays a key role in business success
Choosing a place for business activities is not simply choosing any location or building for an office or the head office. Choosing a good place can have a great effect on the sustainable development of the whole system of an enterprise.
That is why many enterprises are willing to pay high prices for advantageous places in an effort to make enormous profits for their enterprises in the shortest time possible. The significant elements for a good place include an advantageous location, a good community, good human resources, a good environment, a good transportation system, safety and order.
This is the first thing an investor thinks about, seeks and carefully assesses its values because good decisions will result in success for the enterprise in the future.
Ideal place for investment for the future
Over the past 20 years of development, Phu My Hung has established a good reputation as the first urban area with a great modern master plan. Decision No.749/TTg issued on the 8th of December, 1994 by the Prime Minister said, “The New Urban Area will develop alongside the current city and will be part of Ho Chi Minh City.
“This area will be a multifunctional complex which is a center for different activities including finance, trade, services, industry, science, culture, education, residence and entertainment and recreation, providing support for the development of the current downtown area and the driving force for the development of the Southern and Southeastern of HCM city.”
The decision offered a chance for comprehensive development schemes for the southern part of the city.
So far, 85 projects in Phu My Hung have been put in operation for business activities. The projects which have been put in operation most recently include Canadian International School, Tiny Flower School, Adora Wedding Hall. These projects have attracted a lot of attention from customers.
Additionally, in Phu My Hung’s Zone A as the International Finance Center, the infrastructure including streets, the water supply and drainage systems, the electricity supply system, and the telecommunications system like cable TV, telephone, Internet networks has been properly built, meeting the requirements for the development of a civilized urban area.
This area does not only meet the need for expansion of the city toward the sea, reducing the population density of the downtown area, but it also plays an important role in attracting more investors, contributing to the development of the whole area in the south of the city.
Compared with other areas of the city, Phu My Hung has an advantage in location. It is only about 5km, that is, a 15-minute ride, from the downtown area of Ho Chi Minh City. What is special, Nguyen Van Linh Boulevard of 17.8km long with 10 to 14 lanes makes it great for transportation, eradicating the concern about traffic congestion at rush hours in urban areas.
In addition, business activities in Phu My Hung also raise the investors’ confidence in the high liquidity because the real estate business transaction, transfer and leasing activities have always been maintained at high levels. In addition to the residing function, the real estate in Phu My Hung offers high profits for investment because its values are sufficiently maintained.
In addition to the good investment in the infrastructure and facilities, the human resources also play a significant role in the development of Phu My Hung. It has been attracting more and more residents and workers who are Vietnamese and foreigners of different nationalities. Most of them are well-educated or qualified people, promising to provide high quality employees for investors here.
Mr. Stephen Lee, International Marketing Manager, Phu My Hung Development Co., Ltd., said, “Now, this center has been attracting more and more big companies to open their offices here. They include Unilever, Manulife, Saigon Exhibition and Convention Center (SECC), Mercedes – Benz and Porche.
“These are big companies with a good reputation who have chosen to make long-term investments in Phu My Hung Urban Area, contributing to making a driving force, stimulating a dynamic business and investment environment not only for Phu My Hung Urban Area but also for the whole area of the south of Ho Chi Minh City.
“I think this area will soon become a busy and dynamic commercial area because it provides great investment opportunities for enterprises.”
Profitable investments require sufficient research because the good times, places and human resources are decisive elements that can give companies advantages in their business activities.
Phu My Hung has all those elements, making it a great place for domestic and international investors to set up their offices for safety, high efficiency and the best environment for their business activities.
For further information about investment in Phu My Hung, don’t hesitate to contact:
Mr. Hoàng Hiển – Investment Section – International Marketing Department – Phu My Hung Development Co., Ltd.
- Tel: (08) 5411 9999; EXT: 988; Fax: 54115998
- Cellphone: 0908.106.869; e-mail: hoanghien@pmh.com.vn
