KUALA LUMPUR: SP Setia Bhd expects its RM2.1bil township, EcoLakes at MyPhuoc Industrial Park in Binh Duong province, Vietnam, to contribute to 10% of net profit by 2010.
Chief executive officer and group managing director Tan Sri Liew Kee Sin said via a tie-up with state-owned conglomerate Becamex IDC Corp, SP Setia was the first developer in Vietnam to build an integrated township on 500 acres.
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