Privately held city development advocates go it alone 4000 acre endeavor, in 20 year or decide whether to associate on next period. Establish beyond Ho Chi Minh City, Vietnam, this decades long project directed by two Taiwanese families reshaped and assembled the economical environment of the financial capital in Vietnam. The advocates had a long term vision and left very considerable capital invested for a very long time. This enabled them to follow a master plan which was resource efficient, economically attractive, and environmentally friendly (mainly due to major up front investments in power and water infrastructure). This project was boosted by industrialists using a system view and patient capital, as compared to governments with small execution ability or property investors with small capital plus a shorter time horizon.
This expands into a discussion of the exact same historic selections in the project, and whether the supporters realized a below market return for their methodology. The job is very successful and transformational today, so the opposite question can also be drawn out: is this the favored means for promoting multiple new sustainable and competitive cities all over the world, with long view private advocates in lieu of authorities alone and in lieu of real estate developers alone?
Phu My Hung case study solution
PUBLICATION DATE: February 20, 2013 PRODUCT #: 213098-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING