PHI Group Inc (PHIL)

[KYCats]

FYI, the Expressway project we are involved in is set to begin next year.

Initially the first real estate subfund compartment of our PHILUX Global Funds will particularly focus on the Asia Diamond Exchange project, the 2,700-ha industrial and logistics zone near the new Long Thanh International Airport, Dong Nai Province, the 1,700-ha Cai Mep Ha Port project, the 3,000-ha city development project in Long Dien District, the 90-ha resort and residence project in Ho Tram, Ba Ria Vung Tau Province and the Ho Chi Minh – Moc Bai (Tay Ninh) Expressway project. These significant investment opportunities are expected to potentially create tremendous value for all stakeholders in the long term. In addition, we will also engage in selective commercial and residential projects in Hanoi and Ho Chi Minh City with short-term turnarounds that can generate revenues, profits and income distribution for our fund investors within eighteen months to two and half years.

https://moc.gov.vn/en/news/72945/construction-on-southern-expressway-section-set-to-start-next-year.aspx