British investor to pour over USD20 million into An Phat 1 industrial park

An Phat Holdings and Actis contract for strategic cooperation

An Phat Holdings and Actis, a British investor in sustainable infrastructure development, have signed an agreement on cooperation in two fields of industrial park development and workshops and warehouses for rent.

Accordingly, Actis will invest more than USD20 million in An Phat 1 industrial park to own 49% of shares.

At the same time, the two sides also signed a memorandum of understanding on cooperation in developing a project to expand and rent out workshops and warehouses worth up to USD250 million.

To look for investment opportunities in Vietnam, Actis has learnt about businesses in the market for years. Regarding An Phat Holdings, Actis realized that the enterprise has competent and transparent managers and creative corporate culture.

According to Dinh Xuan Cuong, Vice Chairman cum Chief Executive Officer of An Phat Holdings, this time's cooperation not only is financing but also helps An Phat Holdings have more resources to carry out new projects and expand its potential in industrial park real estate.

THANH BINH(According to VNA)