The Big Man Of Korean Real Estate Invests A Series Of Projects In Vietnam

Besides the transportation infrastructure projects, GS E&C also develops a modern urban area of nearly 70,000 residents in Ho Chi Minh City.

According to data from the Foreign Investment Department (Ministry of Planning and Investment), in the first four months of 2019, foreign investment capital reached 14.59 billion USD, up 81% over the same period in 2018. Investors continue to believe that Vietnam is a promising market for long-term development as a result of this positive progress. Hong Kong came in first with 4.7 billion dollars in total investment capital, followed by South Korea with 1.98 billion dollars, accounting for 13.6 percent of total investment capital in Vietnam.

Investment in infrastructure and urban development in Vietnam

GS E&C – one of the largest multidisciplinary investors in Korea, has chosen major economic and social centers in Vietnam to develop many projects, improving the quality of life for people here.

In the North, GS E&C is building the Hanoi – Hai Phong expressway No. 6, 7, Vinh Thinh bridge, and Nghi Son oil refinery. In Ho Chi Minh City, GS E&C participates in building metro line 1 Ben Thanh – Suoi Tien and Vam Cong bridge, implementing a number of large-scale projects in Thu Thiem, District 9, and Nha Be.

“With projects in such key areas, we expect to bring a new highlight on the infrastructure and urban landscape”, the representative of GS E&C shared.

GS E&C has decided to create a subsidiary brand VGSI (Vietnam GS Industry) to invest in the Zeitgeist project in Nha Be, Ho Chi Minh City, after a long period of research and evaluation of the Vietnamese market’s potential.

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The overall perspective of the Zeitgeist project in Nha Be, Ho Chi Minh City

The project is divided into five phases and covers a total area of 349 hectares, with a total population of up to 68,000 people planned. This site, designed in the shape of a miniature city, contains all of the necessary amenities, including schools, hospitals, cultural, and administrative centers…

Phase 1 of the project named Zeit River County 1 has a scale of 17.9ha, including 359 villas, townhouses, and shophouses. Thanks to the convenience of transportation infrastructure, from here residents only take about 5 minutes to move to Phu My Hung, 20 minutes to reach the central districts.

“Zeit River County 1 will create an urban space that brings joy and a full life to residents’ families, ensuring a balance between technology and nature, between a busy life and spiritual values” VGSI representative shared more.

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“Little City” with full amenities at Zeit Xi River County 1.
Hotline: 18007086. Website: http://zeitgeistland.com.vn. E-mail: chitran@gsenc.com.

Not only improving in terms of architecture, design, and location, VGSI investor also focuses on spiritual values and emphasizes the balance factor. In the midst of a narrow space, a lot of smog of a modern city, the overall Zeit River County 1 harmonizes modern, intelligent technology and natural elements with green patches. Diversified garden design with many unique and classy ideas, filled with light, wind, and inspiration from the beautiful nature of the four seasons of the year.

GS E&C – Multidisciplinary investor

Established in 1969, GS E&C is one of the largest multidisciplinary investors in Korea, having marked its presence in 20 countries with 207 projects and 24 sub-brands around the world. With a strategic vision and a solid reputation, the company receives a lot of attention and trust from partners and customers.

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GS E&C headquarters in Seoul, Korea

Data of DJSI (Dow Jones Sustainability Index) – an independent and reputable organization in ranking the sustainability index of the enterprise, recognized GS E&C to maintain its position with 8 consecutive years in the top companies which have the highest sustainable development index in Asia – Pacific. Sustainability Index confirms economic, environmental, social, corporate governance, risk management, branding, endorsement, supply chain standards, and labor resources of an enterprise. Moreover, GS E&C is also ranked 28th out of 250 leading construction companies in the world by ENR technical magazine (USA).

In July 2018, the Korean Ministry of Land, Infrastructure, and Transport (MOLIT) announced that GS E&C ranked 5th among construction and architecture companies, and topped the field of apartment supplement for two consecutive years 2017 and 2018.

Source: https://vnexpress.net/kinh-doanh/ong-lon-bat-dong-san-han-quoc-dau-tu-hang-loat-du-an-tai-viet-nam-3943157.html

Thank you for your interest in zeit River County 1 project! 
Contact: 1800 7086
Websitehttps://zeitgeistland.com.vn/
Email: chitran@gsenc.com

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