Phat Dat Real Estate Development Corporation commenced a partnership with Mitsubishi Corporation

On Feburary 04, 2026, Phat Dat Real Estate Development Corporation (PDR) and Mitsubishi Corporation officially commenced their partnership in relation to the Thuan An 1 Project, which represents an important milestone in the cooperation between the two corporations.

As the first concrete step of this partnership, PDR and Mitsubishi Corporation have successfully cooperated in the development of the Thuan An 1 Project, located in Thuan Giao Ward, Ho Chi Minh City. The project is regarded as a representative example of international collaboration, contributing to the establishment of new benchmarks in urban development quality in the northeastern area of Ho Chi Minh City.

Under the framework of this project, the two parties are cooperating in the field of urban development, with a focus on a mixed-use development that integrates comprehensive amenity systems and a green living environment. The Thuan An 1 Project is being developed in alignment with internationally recognized standards such as LEED and Fitwel, with the aim of enhancing residents’ quality of life and contributing positively to the surrounding urban environment.

Through this collaboration, both parties seek to leverage their respective expertise and experience in project development and management, with the objective of delivering a high-quality and well-managed urban development that meets international expectations.

Commenting on the partnership, Mr. Bui Quang Anh Vu, Chief Executive Officer of PDR, stated: “We are honored to cooperate with Mitsubishi Corporation, one of the world’s leading prestigious conglomerates, in the Thuan An 1 Project. With the partner’s reputation, experience, and international standards, PDR believes that this collaboration will contribute to the creation of green and sustainable living spaces of international caliber for the Vietnamese market.”

CGI of Thuan An 1

A representative of PDR also emphasized that cooperation with a top-tier Japanese partner enhances the quality of the Thuan An 1 Project and supports PDR’s ongoing efforts to develop high-quality urban spaces. This partnership represents a meaningful step in PDR’s strategy of strengthening its development capabilities through selective international collaboration.

Currently, PDR focuses on developing projects in key markets such as Ho Chi Minh City (including former Binh Duong and Ba Ria – Vung Tau provinces), Dong Nai, and other strategic areas. The company continues to strengthen its market position with a solid financial foundation, a high-quality professional workforce, and extensive experience in project development. With a long-term development strategy, PDR remains committed to sustainable growth alongside the broader development of society.