HCMC – Makara Capital, a Singapore-based firm specializing in fund management, asset investment, advisory services, and financial structuring solutions, has expressed interest in expanding its portfolio in Vietnam, focusing on biotechnology, energy, infrastructure, and financial restructuring.
Speaking at a meeting with Vietnamese Prime Minister Pham Minh Chinh in Hanoi today, July 2, Ali Ijaz Ahmad, founder and CEO of Makara Capital Partners, said the firm is confident in the country’s strategic vision and development ambitions, reported the Government news website.
The company is actively working on a 300-hectare pharmaceutical and biotechnology industrial park project in Hung Yen Province, and engaging with Vietnamese authorities to explore investment opportunities in energy and infrastructure development, the restructuring of Vietnam’s banking sector and the establishment of an international financial center.
Ahmad noted that Makara Capital could mobilize between US$5 billion and US$7 billion for these initiatives.
PM Pham Minh Chinh said the Government of Vietnam would support Makara Capital’s investment operations.
