SAIGONTEL WELCOMES A HUGE INVESTMENT FUND FROM ISRAELI "EAGLE"

Written by  - Thursday, 04 April 2024

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On April 1st, 2024, Saigontel hosted and held discussions with a delegation of Israeli billionaires, welcoming a massive investment fund from the Middle East to Vietnam in the industrial infrastructure and energy sectors..

Regarding Foreign Direct Investment (FDI) attraction, Israel ranks 45th out of 143 countries and territories investing in Vietnam. Expectations were high that during this visit, Israeli investors would explore opportunities to bolster their investments in Vietnam, especially in areas such as industrial infrastructure, energy infrastructure, manufacturing, healthcare, and support services. During their visit, the Israeli investor group toured and held discussions in various localities such as Ho Chi Minh City, Binh Dinh, among others. Notably, Saigontel, as a reputable private conglomerate deeply familiar with Vietnam, was privileged to host and facilitate meetings for these investors, who were keen on exploring investment opportunities.

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Leading the working sessions, Saigontel had the honor of receiving leadership representatives from localities, including Mr. Nguyen Hong Linh - Secretary of the Provincial Party Committee of Dong Nai Province; Mr. Huynh Van Son - Vice Chairman of the People's Committee of Long An Province; Mr. Nguyen Cong Vinh - Vice Chairman of the People's Committee of Ba Ria-Vung Tau Province. Representing Saigontel were Mr. Dang Thanh Tam - Chairman of the Board of Directors and Mrs. Nguyen Cam Phuong - General Director. The Israeli investor delegation, led by Mr. Netanel Alfassi - Mayor of Migdal Province, and 11 other Israeli billionaires, also attended the program.

Among the prominent individuals present were:

(1) A group of billionaires from Cyril Dissescou's family - Founder and CEO of Nexif Ratch Energy SE Asia PTE.,LTD, specializing in energy, thermal power, oil, and gas with over 20 years of experience in energy and natural resource investments;

(2) A group of billionaires from Taher Ali Shahin Albulushi Altahri's family - CEO of UB General Trading FZC; Saif Ali Shain Mohammed altahri - CEO of UB General Trading FZC, a businessman specializing in finance and trade with numerous successful projects in Dubai. UB General Trading FZC is one of the leading financial conglomerates in the United Arab Emirates with assets worth approximately 2-3 billion USD.

(3) Mr. Rami Levy, Chairman and CEO of Rami Levy Hashikma Marketing; Mr. Yhouda Levy - Co-founder, and Mr. Aviv Yosef Brosilovski - Chairman and CEO of Forrta Pro. According to the Times of Israel, Mr. Rami Levy is known as the "supermarket tycoon" in Israel with the largest chain of discount supermarkets in Israel, 52 branches, and logistics centers with an average annual revenue of 1.7 billion USD.

(4) Mr. Oded Zucker - Advisor to Salinas Group (total assets of 3 billion USD); He is a bank manager and a senior investment advisor directly managing investments for the ten wealthiest and most famous families in Mexico and Israel.

(5) Finally, Carl Anthony Cruz - Chairman and CEO of Cross Energy Corporation (assets worth 2 billion USD). He is a leading real estate investor in Mexico, investing in port areas, energy, and more.

Alongside these renowned billionaires, discussions revolved around Saigontel's leadership in industrial real estate infrastructure, especially after its achievements in attracting international Foreign Direct Investment (FDI), which presented significant potential for joint investments. Therefore, the Israeli billionaire delegation visited Saigontel's representative office at 300ab Nguyen Tat Thanh, District 4, to delve deeper into their investment intentions in industrial infrastructure, energy, and other related sectors such as renewable energy infrastructure development, rare earth mining, etc., aiming to prepare for the impending wave of investment from Middle Eastern countries to Southeast Asia, particularly Vietnam. After the working program, the Israeli investor group expressed their intention to continue researching and evaluating the feasibility of investment opportunities and to return to Saigontel at the earliest opportunity.

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This direct engagement with a group of global billionaires is expected to open up opportunities for cooperation, investment in economic development, and promote the image of Vietnam internationally. Additionally, it is anticipated to directly contribute to the projects Saigontel is currently developing.

Investment Promotion Department.

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