Private property companies in Vietnam have recently engaged in a spate of infrastructure investment and equity deals. While T&T Group, a multi-sector group that is also involved in real estate, has basically become the strategic shareholder of the Central Transportation Hospital – the first state healthcare unit to be privatised in the country, An Phat Real Estate Investment Trading JSC plans to up stake in construction firm Vinaconex 3 JSC to 51 per cent. Sun Group, another real estate majors in Vietnam, has started construction of a $217.7 million entertainment centre and cable car project in Phu Quoc Island.
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