News and Events


Font size: +A | -A| Print
Pavilion International Group (Malaysia) Wishes to Soon Implement a World-Class International Motor Racing Circuit in Can Tho
Date: 26/12/2023

Within the framework of the Conference on Master plan announcement and investment promotion of Can Tho City held on December 10th, witnessed by Prime Minister Pham Minh Chinh, the People's Committee of Can Tho City granted 43 investment principle decisions, memoranda of understanding for investment in the city with a total capital of hundreds of thousands of billion dong.
Mr. Bobby Yeoh Lam Jit, Chairman of Pavilion International Group (Malaysia) expressed his desire to soon invest in the Sports Complex, Entertainment and Resort Project, Motor GP in Can Tho.

Notably, in the list of memoranda of understanding signed projects is the Sports Complex, Entertainment and Resort Project, Motor GP in Can Tho City of Pavilion International Group (Malaysia) represented by partner company Global Partnership Company Limited, to be implemented with an estimated capital of 1.4 billion USD.

In Malaysia, Pavilion International Group is a leading real estate development company specializing in hotel development, luxury retail commercial centers, high-quality housing, combined with large-scale complex projects located in urban and high-value suburban areas. The group also operates in consulting, management, architecture, and related technical consulting services. Over time, Pavilion International Group and the leaders of Can Tho City have had serious exchanges and working meetings to propose projects commensurate with the city's scale and position.

Previously, on April 27th, Chairman of the People's Committee of Can Tho City Tran Viet Truong and some departments of the city met with Pavilion International Group, led by Chairman Bobby Yeoh Lam Jit, to learn about investment projects Can Tho City is inviting.

At the meeting, Pavilion Group expressed its desire to explore cooperation opportunities in Can Tho in fields and investment projects related to culture, entertainment, sports... to promote the city's development needs and the group's investment capacity.

Meanwhile, speaking at the recent Conference on Master plan announcement and investment promotion of Can Tho City, Mr. Bobby Yeoh Lam Jit also informed that over time Pavilion International and local authorities have had serious exchanges and working meetings to propose projects commensurate with the scale. "With the support and coordination of local authorities, we will soon implement the Sports Complex, Entertainment and Resort Project, Motor GP in Can Tho with the highlight of an international standard motor racing circuit, putting Vietnam on the world map of motor racing circuits. This will open up greater opportunities for investment, tourism and promote economic development for the gentle and hospitable Tay Do region", said the Chairman of Pavilion International Group.

Mr. Nguyen Van Hieu, Alternate Member of the Party Central Committee, Secretary of the Can Tho City Party Committee, and Mr. Tran Viet Truong, Chairman of the People's Committee of Can Tho City, granted a memorandum of understanding for investment to Ms. Tran Thi Quynh Van, General Director of Global Partnership Company Limited at the Conference on Master plan announcement and investment promotion of Can Tho City.

Regarding the reason for choosing Can Tho City for investment, Mr. Bobby Yeoh Lam Jit said that in addition to potential and development opportunities; the sincerity, enthusiasm and friendliness of the city leaders; along with Prime Minister of Vietnam's approval of the Can Tho City Master Plan for 2021-2030, vision to 2050; Can Tho City is also expanding investment promotion to domestic and foreign investors, which is a key factor that Pavilion International Group highly values and decides to invest in Can Tho City. "We want to bring commensurate projects with the strengths and geographical and economic advantages that Can Tho currently has", affirmed Mr. Bobby Yeoh Lam Jit.

According to Ms. Tran Thi Quynh Van, General Director of Global Partnership Company Limited, currently the representative partner of Pavilion International Group, Can Tho is the central city of the Mekong Delta and is receiving much attention from the central government through resolutions of the Political Bureau, National Assembly, Government. Particularly, Can Tho City benefit greatly from investment projects in transport infrastructure, expressways, railways, ports, air transport, connecting the whole region and inter-region. With these advantages and development momentum, when the Sports Complex, Entertainment and Resort Project, especially the international standard Motor GP racing circuit is implemented in a professional and thorough manner in Can Tho, it will certainly leave a mark for the locality as well as promote other fields of the city to develop strongly, worthy of a key city in the Mekong Delta region.


Thanh Xuan - Translated by Hoang Dat



a451638a-acbd-467f-8fad-8ebac51b6b7e

UPCOMING EVENTS
MAP OF CAN THO
COUNTER

Online:

Today:

Month:

Statistic:

Copyright 2018 CANTHO PORTAL. All rights reserved.
English | Français