The project is among those to be submitted for approval atthe group’s annual shareholders’ meeting, which is slated for March 14.
The meeting will also discuss an investment in building a23-ha care centre for the elderly in the northern city of Hai Phong’s ThuyNguyen district as well as Hapaco’s new development orientations in socialhousing and guest worker services.
Hapaco (stock code HAP) was one of the first listedon Vietnam’s stock market. As of December 31 last year, its total asset exceededmore than 808 billion VND.
Last year, the group reeled in 335 billion VND in revenue,an annual decrease of 11 percent. Its after-tax profit, meanwhile, hit 34.3billion VND, up 69 percent on-year./.