Giant projects to kick off in Thu Thiem
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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.