KOSY GROUP SIGNED A COOPERATION AGREEMENT WITH THE UBND PROVINCE OF LAO CAI TO DEVELOP A NEW “TRILLION” PROJECT
KOSY Group will invest in developing real estate, resort and GOLF projects in Lao Cai province with a total estimated investment of over VND 3,000 billion. This is an investment commitment agreement signed by KOSY Group and Lao Cai Provincial People’s Committee in the presence of Prime Minister Nguyen Xuan Phuc and representatives of ministries and localities in the framework of the CONFERENCE OF TRADE AND INVESTMENT PROMOTION AND LAO CAI TOURISM 2019 takes place this morning, July 20th, 2019. At the conference, the People’s Committee of Lao Cai province also gave the KOSY Group decisions to approve investment in developing new projects in the province.
Nguyen Viet Cuong – Chairman / CEO of KOSY Group signed an agreement to develop the project with the leader of Lao Cai Provincial People’s Committee.
KOSY Group is currently a public company listed on the Ho Chi Minh Stock Exchange. In the past time, KOSY has made great progress. In addition to focusing on developing real estate projects in many provinces across the country, KOSY also develops more hydropower and renewable energy projects in localities such as Lai Chau, Bac Lieu, Binh Thuan, Ca Mau, etc.
The signing ceremony of the cooperation agreement between KOSY Group and Lao Cai People’s Committee was witnessed by Prime Minister Nguyen Xuan Phuc and leaders of relevant ministries, departments and branches.
In Lao Cai, KOSY Group is implementing a number of real estate projects, in which, the KOSY Montain View Urban Area project is basically completed and has welcomed many residents to settle down, etc contribute to changing the appearance of urban cities, promoting regional socio-economic development. Being trusted and highly appreciated by Lao Cai government and choosing KOSY as an investor signing a cooperation agreement to develop projects in Lao Cai has shown the prestige and capacity to implement the project of KOSY Group.
Ms. Nguyen Thi Phuong Thao – Deputy General Director representing KOSY Group received investment policy decisions.
Business representative, PhD, Nguyen Viet Cuong – Chairman of KOSY Group is committed to early completing the necessary procedures to deploy the projects on schedule, quality assurance and project beauty. In the future, when these projects are implemented, KOSY Group shall contribute to further urban development, promote socio-economic growth, create more jobs and increase the State budget revenue.
Nguyen Viet Cuong and business representatives took souvenir photos with Prime Minister Nguyen Xuan Phuc and leaders of Lao Cai province.