Brookland expands Vietnam investment with $9.5 million facility for Phuc Thinh

Résumé détaillé

Brookland Group & Partners Limited (Brookland) signed an investment-cooperation agreement with Phuc Thinh Design Construction Trading Corporation (HNX: PTD), establishing a framework for a structured investment facility of over $9.5 million.

The agreement provides a framework for phased capital deployment, subject to agreed commercial conditions, definitive transaction documentation, and applicable regulatory requirements. The partnership is intended to support Phuc Thinh's next phase of growth, including its ambitions to adopt innovative construction solutions, strengthen project delivery capabilities, and participate in developments of greater scale.

Phuc Thinh, an established Vietnamese construction company, expects to participate as a construction contractor in two major residential developments in South Ho Chi Minh City, with a combined planned investment value of approximately $725 million.

The developments envisage more than 6,000 residential units, which include Green Oasis Residential and Nha Be Green Oasis. Accordingly, Green Oasis Residential is an integrated green urban oasis and commercial centre with a stated investment value of approximately $291 million.

It is planned to comprise six 38-storey residential towers across a 4.8-hectare site. Meanwhile, Nha Be Green Oasis is a modern transit-oriented urban complex with a stated investment value of approximately $435 million. It is planned to comprise four 36-storey towers and a shopping centre on a 9.8-hectare site near the proposed Metro Line 4.

The combined project values represent the planned investment scale of the developments, not the value of Phuc Thinh's construction contracts or Brookland's capital commitment.

“We welcome Brookland as an international investment partner and see this agreement as an important step in strengthening Phuc Thinh's access to international capital markets,” said Tran Minh Truc, permanent deputy general director of Phuc Thinh Design Construction Trading Corporation.

“As we enter our next phase of growth, we are focused on advancing innovative construction solutions, expanding our project delivery capabilities, and participating in developments of greater scale.

The agreement reflects Brookland’s continued…

Brooklan…

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