CTP Group to invest 1 billion EUR in Hai Phong
CTP Group and Hai Phong leaders have signed a memorandum of understanding on cooperation.

Secretary of the Hai Phong Party Committee Le Tien Chau and the city delegation met with Remon Leonard Vos, Chief Executive Officer of CTP, the largest commercial real estate manager and developer in the Czech Republic, headquartered in the city of Brno, on December 1 evening (local time).
At the meeting, the Hai Phong Economic Zone Authority and CTP signed a memorandum of understanding to establish a cooperative relationship and concretize CTP’s orientation to develop high-tech industrial parks providing full-service facilities in Hai Phong.
According to the memorandum, CTP commits to investing 1 billion EUR in Hai Phong in the coming years.

This result follows and materializes the discussions at the 3rd Meeting of the APEC Business Advisory Council (ABAC III) in July and the meeting last November between the chairmen of CTP and the city People’s Committee.
CTP seeks approval and land leasing in Hai Phong to develop high-tech industrial parks, including ready-built factories and warehouses, in line with CTPark’s unique standards that have proven successful in attracting high-tech investors and creating job opportunities.

At the meeting, Secretary of the Hai Phong Party Committee Le Tien Chau welcomed CTP’s decision to choose Hai Phong as an investment destination, calling it a choice that demonstrates confidence, commitment and a willingness to accompany Hai Phong during its acceleration phase and contribute to its long-term development goals.
Hai Phong values cooperation with partners from the Czech Republic, highly appreciates CTP’s strengths and has confidence in the early implementation of areas where both sides share strong capabilities and common interest in the near future.
NGUYEN HOANG