17/04/2017

NLG COOPERATING WITH HANKYU REALTY AND Nishi Nippon Railroad CONTINOUSLY DEVELOP 26ha of Mizuki Park Project

Continuing affirm the values of sustainability in nearly 25 years of development, Nam Long (HOSE: NLG) did receive the confidence from two top Japanese Investors, namely Hankyu Realty, Osaka and Nishi Nippon Railroad, Fukuoka to develop the fourth projects - Mizuki Park with scale of 26 hectares

nam long apartment
Mizuki Park landscape

According to signed agreement, two strategic Japanese Partners and Nam Long have partnership percentage of 50% - 50% to develop Mizuki Park Project with total investment about 8 trillion VND. This is a key project of Nam Long in period 2017 – 2024.

Connected to Nguyen Van Linh Avenue, Mizuki Park project is 10 minute away from Phu My Hung Township, 20-40 minutes to District 1, District 5 and District 8. In prior to the development of key infrastructure project such as the Nguyen Huu Tho – Nguyen Van Linh intersection, Thu Thiem 4 bridge connecting district 7 and district 2, Nguyen Khoai bridge connecting district 7 and district 4, metro line No.4 from district 12 to district 7, highway Ben Luc – Long Thanh, the South side of Saigon, especially Mizuki Park project, are believed to excel. 

Fully embrace the aquatic advantages of surrounding river as well as the central lake ensuring a temperate weather, Mizuki Park is developed following the concept of a “resort city”. It aims not only to be a residence but also a cultural & entertainment destination for Saigon’s citizens.

26ha of Mizuki Park includes 4,676 units affordable condominium Flora and 170 land plots, townhouses and villas Valora with a wide range of facilities for quality lifestyle such as 20m riverside road, the Central Canal & lake, functional areas for sport, restaurants, medical& education area (kindergarten, primary school, family clinic ...), commercial centers (supermarket, minimart ...), the community garden and children playground. 

Regarding the cooperation with Hankyu Realty and Nishi Nippon Railroad, Steven Chu, CEO of Nam Long Investment Corporation said: “After Flora Sakura, Fuji Residence and Kikyo Residence, the collaboration between Hankyu Realty, Nishi Nippon Railroad and Nam Long has a progress to a new era. After joint-venture in apartment building and condominium, Mizuki Park marked a development of a new township, expressed confidence of Japanese investors for Nam Long. And we highly appreciate this and will put on maximum effort to execute this prestigious partnership.”

Mr Sumio Kuratomi - representative Director President and CEO of Nishi Nippon RailRoad said: “Nishi-Nippon Railroad Co., Ltd. will collaborate with Nam Long Investment Corporation and Hankyu Realty Co., Ltd. on ‘MIZUKI Park’ development. This is the fourth cooperation project owned by three corporations. Nam Long has a great deal of experience and past performance, therefore Nishi Nippon RailRoad is honored to develop residences with such a brilliant business partner.”

Mr. Ryuichi Morotomi – President and CEO of Hankyu Realty Co. Ltd., said: “We have the history over 100 years as our group, namely have been developed a lot of housing projects as well as township projects mainly along our railroad lines and grown the knowledge and experiences with the customer’s point of view in Japan. Committing to a long-term partnership with Nam Long by this project, we greatly appreciate here and hope for this project to create the additional value of housing in Vietnam with the combination of both Nam Long’s know-how and ours.”