Developing mega projects, PAS has showed ambition to develop...

Developing mega projects, PAS has showed ambition to develop real estate industry

Phuong Anh International JSC (HNX: PAS) has taken many advantages by owning large-scale Projects at prime location, promise to become a new developer in Real Estate industry, especially in Da Nang.
Developing mega projects, PAS has showed ambition to develop real estate industry
On November 10th 2021, Company signed a Strategic cooperation agreement for Complex high-rise residential and commercial center development with Western Homes - Real Estate development partners and well-known design consulting firms: Dark Horse, 10Design, INNO, Kien Truc Viet and Nageco. These are experienced companies in the Real Estate field which have many working years with leading Corporations in Vietnam.

With the mindset and desire to streamline the project development process, limit risks in Real Estate investment, and maximize profits for customers, PAS and partners will develop an innovation ecosystem for Vietnam's Real Estate industry with Sustainable Development products with three criteria "Prestige", "Quality" and "Innovation".

Established in 2010, the main business are manufacturing and processing steel of all kinds of plates and coils, PAS has undergone a process of continuous development, thereby transforming from a small-scale Enterprise to a branded name in supplying Rolled Steel sheet materials in the Domestic market.

After more than 11 years of establishment and development with an amazing growth rate, PAS aims to become a leading Multisector conglomerate in Asia in the near future. Besides the main business, the Company has made remarkable moves to realize ambition to expand into the Real Estate business, develop in the high-end apartment segment, Condotel and Hotel...

In the potential and challenging Real Estate sector, PAS has many advantages by owning many large-scale Projects located in prime locations which expect to become the focal point in the Real Estate industry.

Especially in Da Nang, PAS will develop simultaneously outstanding Projects naming an apartment for sale and Commercial center project on Le Duc Tho street with a total area of 4,300 sqm and a high-rise apartment project on Hoang Sa street with a total area of 1,052 sqm.
In addition, the Company is also developing many Projects in other big cities in Viet Nam such as the Vuon Dao Condotel Project in Bai Chay ward, Ha Long city, Quang Ninh province or Ecological urban area project in Quoc Oai Ward, Hanoi...

Focusing on special ranked City in Vietnam

Da Nang City, the key Real Estate market of PAS, has been approved by the Prime Minister to amend the general planning to 2045 towards the goal of becoming a special urban area, even become an International city in the long-term vision.
Da Nang is not only a center of culture, sports, education, science, technology and engineering, it is also the hub of traffic and telecommunications of the Central region and the Central Highlands of Vietnam. The master plan also identifies Da Nang as a spearhead service tourism city of the center of Vietnam's marine economy. In which, Tourism and high-quality services associated with hospitality is a priority for development.

Aiming to become one of the major Socio-economic centers of the country and Southeast Asia, many big Investors such as Vingroup, SunGroup, Trung Thuy Group ... with mega Projects are also on cherishing plans to be developed in Da Nang in the future.

With the strength in tourism and life quality, and good disease control capacity, it will be a solid foundation for Da Nang to soon become a safe destination attracting huge influx of tourists during the new normal, when travel demand is forecasted to spike after COVID-19.
The prospect of tourism will create a fertile ground for Real Estate associated with Tourism and Resort to rise up, break the market ice to affirm the position of Real Estate in a tourist “Capital” city.

High-quality Real Estate Projects located right on Vo Nguyen Giap, Hoang Sa and Le Duc Tho street promise to contribute to solve existing problems of the Da Nang market in the past such as which is scarcity of new supply. Phuong Anh International JSC with a well planned investment strategy will contribute to promote, transform and grow Da Nang Real Estate market strongly in the coming years.

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