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Singapore's CapitaLand focuses on Vietnam as supply chains leave China
SINGAPORE -- Singapore-listed property manager CapitaLand Investment plans to deploy up to $110 million in Vietnam to build or acquire industrial factories, expecting demand from manufacturers following supply chains out of China, says its CEO for Southeast Asia investment.
In addition to Vietnam, the company plans comparable investments in Malaysia and Thailand, with ambitions to facilitate a rapid industrialization of the Association of Southeast Asian Nations.
Friday, June 28, 2024
Singapore's CapitaLand focuses on Vietnam as supply chains leave China
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