Developer
SetiaBecamex JSC is a tripartite joint venture with a total chartered capital of US$20 million between S P Setia Berhad (55%), Becamex IDC Corp (40%) and Treasure Link (5%). The gross development value of EcoLakes is approximately USD620 million over a time period of seven years.

S P Setia is Malaysia's leading listed real estate player with a proven track record of innovation-driven and standard-setting developments spanning the full spectrum of the property market from master-planned townships to thriving commercial hubs.

S P Setia has won local and international acclaim as attested by its six year-ranking as Malaysia's No.1 developer in The Edge Malaysia Top Property Developers Award between 2005 and 2011, and Euromoney Real Estate Awards in 2005, 2006, 2007 and 2010

The Group's diversified portfolio of projects are strategically located in the key economic centers of Malaysia, namely Klang Valley, Johor, Penang and Sabah with a growing presence in Vietnam.

S P Setia enjoys a strong presence in the Klang Valley through its flagship projects, the 2,525-acre Setia Alam and 791-acre Setia Eco Park located in Shah Alam.

Setia Eco Park is an award-winning development having been voted the Best Master Plan at the FIABCI Malaysia Property Awards 2006 and eventually went on to win the FIABCI International Prix d'Excellence Award 2007 for Best Master Plan. In 2010, the enclave won the FIABCI Malaysia Property Awards Best Residential (Low-Rise) Development for Setia Eco Park, and in 2011, won the FIABCI International Prix d'Excellence Award in the same category.

In Kuala Lumpur, S P Setia has three high-end projects which are Duta Nusantara (FIABCI Malaysia Property Awards 2006 winner for Best (Low- Rise) Residential Category), Duta Tropika in Sri Hartamas and Setiahills in Ampang.

In Johor Bahru, it has made its mark through signature developments such as Bukit Indah Johor and Setia Eco Gardens in the Nusajaya Corridor, Setia Indah Johor in Tebrau and Setia Tropika in Kempas.

Setia Eco Gardens is another award-winning development by S P Setia having won the FIABCI Malaysia Property Awards 2008 in the Master Plan category and clinching the coveted FIABCI International Prix d'Excellence Award 2009 for Best Master Plan. In 2011, Eco Greens, Setia Eco Gardens' the community park and sales gallery, won the FIABCI Malaysia Property Awards in the Best Purpose-Built/Specialised Project category.

In tandem with its expansion exercise, S P Setia is set to make its presence felt in East Malaysia having clinched a contract to build a state-of-the-art transportation hub in Kota Kinabalu, Sabah called Aeropod @ Tanjung Aru.

In mid-2007, S P Setia made its first foray into Vietnam when it joined forces with Vietnam's top state-owned conglomerate, Becamex IDC Corp to develop its maiden project called EcoLakes at My Phuoc Industrial Park, 42 km north of Ho Chi Minh City. Following this, it expanded its venture into Vietnam with another development called EcoXuan Lai Thieu, which is part of the Lai Thieu New Urban Area.

In Australia, S P Setia recently launched Fulton Lane, a high-rise development in the heart of Melbourne's Central Business District. The Group will also be unveiling a flagship development in Singapore.

In mid-2007, S P Setia made its first foray into Vietnam when it joined forces with Vietnam's top state-owned conglomerate, Becamex IDC Corp to develop its maiden project called EcoLakes at My Phuoc Industrial Park, 42 km north of Ho Chi Minh City. Following this, it expanded its venture into Vietnam with another development called EcoXuan Lai Thieu, which is part of the Lai Thieu New Urban Area.

These international forays are part of the Group's strategy for achieving accelerated growth to boost its international profile and enhance forward earnings.

Becamex is a Holding Company with many subsidiary units which focus on core businesses, namely, industrial park development, tolled highways, construction, build-operate-transfer (BOT) projects, banking, securities and pharmaceuticals. The paid-up capital of the company stands at over 10.000 billion VND.

Over the last 20 years, Becamex has become a main engine of social-economic development in Binh Duong province. Its many strategic projects in the region include the 62km Binh Duong boulevard tolled highway project; Vietnam-Singapore Industrial Park (VSIP); My Phuoc Industrial Park, Binh Duong New Township; Industry and Services Complex; My Phuoc-Tan Van Highway which connects all main industrial parks of Binh Duong to the new Airport; Seaports of Southern Core Economic Zone; and Becamex City Center, the foundation for the future development of Binh Duong province.

"Becamex IDC" is a brandname well known to the group's partners and customers all over the world. Its partnership with S P Setia brings together two corporate giants with impeccable credentials in residential and infrastructure development to herald a new dawn in property development in Vietnam.