Qatari Diar in talks over Vietnam investments

  • Share via facebook
  • Tweet this
  • Bookmark and Share
VIETNAM LINK: Qatari Diar is in talks with officials regarding possible investment opportunities in Da Nang City.

VIETNAM LINK: Qatari Diar is in talks with officials regarding possible investment opportunities in Da Nang City.

Qatar's property investment arm is in talks to explore opportunities in Da Nang City, Vietnam, officials from both countries confirmed in a statement on Wednesday.

Qatari Diar CEO Ghanim Bin Saad Al Saad said Vietnam was "central to Qatari Diar'S continual expansion and delivery of world beating developments" following discussions with an official delegation from the country's Communist Party.

The delegation headed by the central committee member NguyenBa Thanh, visited the Lusail headquarters of the real estate investment company.

The visit focused on detailed discussions exploring investment opportunities in Da Nang City, a statement said, adding that talks will be ongoing between officials from Qatari Diar and Da Nang City.

Thanh said: "I believe in the prosperity of Qatar and its influential voice in the region and hope that relationships between the State of Qatar and the Socialist Republic of Vietnam will be further developed in the future."

In March it was reported that Qatar and Vietnam were in talks about setting up a $1bn fund to invest in sectors including agriculture and tourism.

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
End of Gaza war doesn't translate into peace

End of Gaza war doesn't translate into peace

A week after the guns fell silent in the Gaza war, Israel and...

Is this the end of the Gulf’s Indian cash dash?

Is this the end of the Gulf’s Indian cash dash?

From currency woes to taxation loopholes closing and a clampdown...

2
Q&A with Dubai Chamber

Q&A with Dubai Chamber

We spoke with Essa Al Zaabi of Dubai Chamber of Commerce to find...

Most Discussed