The Phuong Hoang General Hospital project in Nghe An has received investment approval from the provincial People’s Committee with a total investment of approximately 1.51 trillion VND, led by a joint venture between Infrastructure Construction and Transport Investment Corporation (Intracom) and MST Investment Joint Stock Company. Additionally, MST recently won an auction for a debt of 410 billion VND from Greenhill Village JSC, which pertains to the Greenhill Village resort project in Quy Nhon. MST has acquired 18% equity in Greenhill Village and will collaborate with Huy Duong Group to implement this project. The Greenhill Village is expected to feature 500 tourist apartments and 145 villas, meeting high-end resort demand. Following the debt auction, MST has reported growth in revenue and profit in 2023, demonstrating substantial development in real estate and investments.
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