At Quang Binh Investment Promotion Conference held on August 27, Quang Binh People's Committee granted investment registration certificates and investment cooperation agreements for 66 projects with a total investment of VND162,250 billion, equivalent to $7.05 billion, of which FLC Group pledged to make an estimated investment of $2.71 billion.
24 projects were granted investment certificates with the total investment capital of over $1 billion at the recent investment promotion conference in Binh Phuoc province.
According to Savills,one of the world's largest real estate firms, large investment capital does not guarantee high residential rents.