Giant projects to kick off in Thu Thiem
Since Thu Thiem development scheme was released, investors have flocked to this region. Many billion USD estate projects have been proposed. In mid-May 2016, a group of American companies proposed a $4 billion project in Thu Thiem in Ho Chi Minh City. The investors consist of Imex Pan Pacific Group, Cantor Fitzgerald, Weider Resorts and Steelman Partners. The TPP finance & conference center is expected to cover an area of 11 hectares with financial, entertainment and tourism centers including a 70-story tower, other smaller towers and office-shopping-entertainment areas. The investors said the $4 billion investment is ready if the project is approved.