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Creating affordable housing solutions in Vietnam
Last month, FMO organized a Vietnam Housing Roundtable in Hanoi in which 29 participants of 14 different companies participated. Among the participants were banks, MFIs, NGOs and developers. ShoreBank International facilitated the Roundtable.
During this event it became clear that there are many enthusiastic players who are willing to take the risk to build and provide affordable housing in Vietnam. However, the market is in a nascent stage and there is an urgent need to improve the enabling environment. The Roundtable showed that partnerships between different actors in this field are needed to tackle the housing problems in Vietnam. Some participants showed their interest to follow up and to jointly work towards creating affordable housing solutions in Vietnam.
For more information about FMO’s activities in the housing sector, click here.
About FMO:
The Netherlands Development Finance Company (FMO) is the international development bank of the Netherlands. FMO invests risk capital in companies and financial institutions in developing countries. With an investment portfolio of € 3.4 billion, FMO is one of the largest bilateral development banks worldwide. Thanks in part to its relationship with the Dutch government, FMO is able to take risks which commercial financiers are not - or not yet - prepared to take. FMO's mission: to create flourishing enterprises, which can serve as engines of sustainable growth in their countries.
Press contact:
Nicoline van Slingelandt
Communications Officer (PR)
T: +31 70 314 9790
M: +31 622 563 047
E: n.van.slingelandt@fmo.nl