Shareholders of KBC to Decide the Fate of $1.5 Billion Mega Project with Trump Group

Kinh Bac Urban Development Corporation (KBC) is set to hold its Annual General Meeting at the end of this month to solicit opinions on a $1.5 billion mega project, the Khoai Chau urban complex, ecological tourism, and golf course, in partnership with the Trump Organization. The meeting will discuss critical decisions regarding capital contributions, loans, and financial guarantees for the project. Launched in May 2025, the project covers nearly 1,000 hectares and includes a 54-hole golf course, resort, and international amenities, with a four-year completion timeline. The project is being developed by Hung Yen Investment and Development Group, related to KBC under the oversight of IDG Capital. This is one of the major investment projects attracting significant capital in Hung Yen, recording a total of $4.48 billion in the first five months.

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