HCM CITY — Brookland Group & Partners Limited has signed an investment agreement with Phuc Thinh Design Construction Trading Corporation (HNX: PTD), establishing an investment facility of up to VNĐ250 billion (US$9.5 million), according to a company announcement on Monday.

The agreement was signed on October 23, with funding to be disbursed in phases, subject to agreed commercial conditions, formal transaction documents and applicable regulations.

The funding is intended to support Phuc Thinh's next growth phase, including the adoption of innovative construction solutions, expansion of its project execution capacity and participation in larger projects, Brookland said.

Phuc Thinh, which has operated in Việt Nam's construction sector for more than 20 years, is expected to participate in the construction of two large-scale residential projects in southern HCM City, with combined investment capital of more than VNĐ19 trillion. The projects are expected to provide over 6,000 apartments.

The two developments are Green Oasis Residential, with announced investment capital of approximately VNĐ7.65 trillion, and Green Oasis Nhà Bè, with more than VNĐ11.4 trillion.

Brookland said it structures investments according to the funding needs, market liquidity, available securities and risk profiles of individual transactions, with disbursements linked to agreed conditions.

The investment facility marks a further expansion of Brookland's activities in Việt Nam's listed market. The firm said it would continue seeking investment opportunities in the country, focusing on established businesses requiring flexible, long-term capital. — BIZHUB