On July 30, an important partnership was sealed between Nam Long Group and Tokyu Corporation, as company representatives gathered for a signing ceremony that signals a significant step in urban development in Vietnam.
Lucas Loh, Group CEO of Nam Long, expressed enthusiasm about the alliance, emphasizing that this collaboration embodies both parties’ dedication to creating sustainable, high-quality developments aimed at enhancing living standards within Vietnamese communities. Loh acknowledged Tokyu’s involvement as a vital addition of global expertise to the Izumi City project, aligning perfectly with Nam Long’s vision of crafting vibrant, livable townships.
“We appreciate the trust Tokyu Corporation has placed in Nam Long and look forward to shaping future communities that will nourish a high quality of life for generations,” Loh stated, weaving optimism into the narrative of this burgeoning partnership.
Ogata Yoshinori, Executive Officer of Tokyu Corporation’s International Business Division, highlighted Izumi City as a forward-thinking township developed to address the surging housing demand in Southern Vietnam. With its green, interconnected design and strategic location, the township promises residents easy access to Ho Chi Minh City and its satellite towns.
“By integrating the strengths of Nam Long, Hankyu Hanshin Properties, and Tokyu Corporation, we intend to create a model community where Vietnamese families can truly flourish,” Ogata affirmed, conjuring an image of flourishing families amidst a robust urban landscape.
Spanning an impressive 170 hectares in Long Hung Ward, Dong Nai Province, Izumi City occupies a key area within one of southern Vietnam’s most vibrant economic zones. Its prime location offers excellent access to major infrastructures, including National Highway 51, the Ho Chi Minh City–Long Thanh–Dau Giay Expressway, and the upcoming Long Thanh International Airport — a connectivity that could make urban living feel almost like a stroll through a park.
The ambitious project’s first phase aims to introduce approximately 2,900 low-rise housing units, with plans for a comprehensive ecosystem featuring schools, healthcare facilities, commercial spaces, and leisure options. This well-rounded environment will support a burgeoning community and promote an enriching lifestyle for future residents.
The inclusion of Tokyu Corporation and Hankyu Hanshin Properties—renowned Japanese firms with vast experience in urban development—adds considerable strength to this Japan-Vietnam collaboration, cementing a robust foundation for the promising future of Izumi City.
What significance does the partnership hold for Nam Long Group and Tokyu Corporation?
The partnership is seen as a commitment to sustainable, high-quality urban developments aimed at improving living standards in Vietnamese communities, with Tokyu bringing valuable international expertise to the table.
What amenities can future residents of Izumi City expect?
Residents can look forward to a complete ecosystem of services, including schools, healthcare facilities, commercial areas, and entertainment options, all designed to promote a balanced, quality lifestyle.
How large is the Izumi City project and where is it located?
Izumi City covers an expansive area of 170 hectares in Long Hung Ward, located within one of southern Vietnam’s dynamic economic zones, making it a prime location for growth and development.
