ORIX Corporation is a long-established global firm in Japan with nearly 60 years of development. The corporation has been present in 31 countries and territories with over 888 subsidiaries and 134 affiliates. This is one of the largest firms in the renewable energy sector in the world with projects totaling more than three gigawatts worldwide, and is a leading investor in the finance, insurance, infrastructure and real estate sectors. As of the end of 2021, ORIX Corporation has been managing funds worth up to US$400 billion, assets totaling US$91 billion and equity of US$24 billion.
Meanwhile, CK Asset Holdings Limited is one of the strongest groups in the property and infrastructure sectors in Hong Kong. The group was established by billionaire Li Ka-shing with multiple investment projects in Hong Kong, China and other countries. The 70-year-old CK Asset Holdings Limited is holding assets worth more than US$80 billion and equity of over US$50 billion. Its revenue in 2020 reached over US$9 billion.
The two firms are partners of Van Thinh Phat, a leading economic group in Vietnam. It can be said that Van Thinh Phat serves as an important bridge for the two large groups of Japan and Hong Kong to enter HCMC.
At the meeting with HCMC leaders, Justin Chiu, executive director of CK Asset Holdings Limited, said the company was confident in the investment in HCMC partly thanks to the guarantee of its local partner—Van Thinh Phat.
As for ORIX Corporation, the firm also expressed its confidence in the cooperation with Van Thinh Phat as the group’s available connectivity is great. The prestige and experience of Van Thinh Phat in the international financial market has brought ORIX to HCMC.
Source: https://english.thesaigontimes.vn/van-thinh-phat-and-two-leading-asian-firms-mull-investment-in-hcmc/?fbclid=IwAR0a_QEMRkAVxLGWLf0n2E3LSjuuEHe0S3jwE2NBxPOe51__tre7jaGtQdU
