PETALING JAYA: SP Setia Bhd, through wholly-owned subsidiary Setia Saigon East Ltd, has formalised an agreement with Saigon Hi-Tech Park Development Co to jointly design and develop a mixed project on 79 acres in Ho Chi Minh City. A statement released here yesterday said the project in Vietnam would cater principally to expatriates and senior managers of multinational corporations operating in the Saigon Hi-Tech Park. Since 2003, the park has attracted many high-tech names, such as Jabil Circuit, Nidec Group, Sonion and the Intel Group, which have committed over US$1bil in investments.
(4-1-2008 The Star)
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