Gamuda unit acquires Vietnam land for project


PETALING JAYA: Gamuda Bhd’s Vietnam sub-subsidiary Gamuda Land HCMC Joint Stock Company has acquired residential land in Binh Duong New City for US$53.88mil (RM228.5mil) as the site for a mixed-development project.

It said in a statement that the plot of land measured 5.6ha and was part of a 2,600-acre integrated township set to be the administrative centre of Vietnam’s affluent Binh Duong province.

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