Sun Group subsidiary eyes $5.5bn national sports complex project in Ho Chi Minh City

The Ho Chi Minh City People’s Committee has written to the municipal People’s Council seeking approval for the development of the Rach Chiec national sports complex project under a public-private partnership (PPP) model, which was put forward by Sun Vung Tau Company, a subsidiary of Sun Group, and is set to carry a price tag of over VND145 trillion (US$5.5 billion).