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| HCMC chairman Le Hoang Quan (R) receives a book as souvenir from Jardine’s CEO and managing director Anthony J.L. Nightingale (C) during the meeting, while Alain Cany, country chairman of Jardine Matheson (Vietnam), looks on - Photo: Kinh Luan |
Jardines’ CEO and managing director Anthony J.L. Nightingale told HCMC Chairman Le Hoang Quan during a courtesy call at the City Hall on Tuesday that it was completing procedures for the project in a prime location in the city.
“The complex will be developed like our models in Hong Kong and Singapore. Its underground section will be used to place retail shops, but most of the higher floors will be offices for rent,” said Nightingale.
Joining the meeting on Tuesday were also managing director Benjamin Keswick and Alain Cany, country chairman of Jardine Matheson (Vietnam).
Nightingale noted that Jardines had strong support in this project by both the UK government and the Vietnamese Prime Minister.
Both Nightingale and Chairman Quan did not mention the project’s location, but a city official told the Daily the UK investor would build the complex on the “golden land plot” at 164 Dong Khoi Street in District 1.
“It is the French-style building opposite the Notre Dame Cathedral, covering 9,700 square meters, part of which currently houses the Department of Culture, Sports and Tourism,” the source said.
Jardine has been active in property projects in Vietnam. Nightingale said that Jardine Matheson (Vietnam) has cooperated with Phu My Hung Corporation to develop a hypermarket in Phu My Hung New Urban Area in District 7.
Entering in Vietnam in 1995, Jardine Matheson now has five representative offices, three wholly foreign-owned companies, comprising the lift and escalator manufacturer Schindler Vietnam, the supermarket operator Dairy Farm Giant South Asia Vietnam, and the risk management advisor and insurance broker Jardine Lloyd Thompson.
The group has also invested in four other organizations in Vietnam, including Asia Commercial Bank, Truong Hai Auto Corporation, and the construction company Gamvico.
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