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Old March 9th, 2010, 11:27 AM   #1
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HANOI | Kinhbac Hanoi Tower | 32 fl | Prep



Designed by Sunjin Vietnam JSC

Source : http://www.landtoday.net/vn/thongtin...293/index.aspx

Quote:
US$100 million Kinh Bac Hanoi Tower to be built
Kinh Bac Urban Development Joint Stock Corp (KBC) and the Republic of Korea’s Kumho Industrial Co. Ltd on February 25 signed a deal to build Kinh Bac Hanoi Tower, at a cost of US$100 million, at 1A Lang Ha Street, Hanoi.

The building, the first KBC project of 2010, will have 32 storeys with an area of 70,000 sq. m and will include both office space and a shopping centre.

Construction is scheduled to begin in March and be completed in 32 months. Under a plan adopted by Hanoi’s municipal People’s Committee, Lang Ha Street will become the financial centre of the capital and Kinh Bac Hanoi Tower will be the tallest building in this centre.
The Kumho Asiana Group is the 7th biggest developer in the RoK, has high prestige in the fields of infrastructure construction and urban development. It has begun construction on the Kumho complex and Intercontinental Hotel in Ho Chi Minh City, which is scheduled for completion in 24 months.
http://english.vovnews.vn/Home/US100...102/112950.vov
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Old March 9th, 2010, 11:31 AM   #2
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KBC: Kumho Industrial to Build Kinh Bac Hanoi Tower

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Kinh Bac City Development Shareholding Corp. (KBC) under Saigon Invest Group on Thursday signed a contract with South Korea’s Kumho Industrial Co. Ltd. as the main contractor of KBC’s Kinh Bac Hanoi tower project in Hanoi.

The US$100 million project covering 70,000 square meters will include six basements and 32 floors for luxury commerce and hi-end offices for lease for local and international companies, financial organizations and banks. The building is located at 1A Lang Ha Street in Dong Da District.

In October, KBC signed a strategic cooperation agreement with Kumho Industrial to cooperate in real estate development projects in the witness of high-ranking leaders of Vietnam and Korea.

KBC agreed to grant priority to Kumho in selecting a general contractor for KBC projects, including this complex and a complex of five-star hotel and residential, retail and office space in Hanoi.

In return, Kumho undertakes that its construction management techniques and workmanship meet all local and international building standards. Kumho also agrees to provide training, support and technical assistance in construction and engineering for KBC staff in a format agreed upon by the parties.

If selected as the general contractor for a project of KBC, Kumho shall seek the approval of KBC for sub-contractors recommended by Kumho, and Kumho shall grant priority to KBC’s preferred subcontractors, provided they satisfy Kumho requirements in carrying out the work.

KBC is an affiliate of Saigon Invest Group, which engages in real estate, industrial parks, resorts and deluxe residences.

The group, developer of Que Vo Industrial Park in northern Bac Ninh Province, is developing several large property projects around the country.

KBC will also replace Japan’s Riviera Corporation to develop the US$500 million Lotus Hotel project southwest of Me Tri Commune at a ‘golden land area’ on Pham Hung Road near the National Convention Center in Hanoi.

The company in June asserted its ambition to further tap the hospitality industry by signing a letter of intent with Starwood Group under which the latter would manage two five-star hotels whose construction would begin in the coming time by the former. These are the Le Meridien Danang Resort & Spa in the central city of Danang and the Sheraton Dalat Resort in the Central Highlands province of Lam Dong, whose combined investment amounts to US$140 million.

(Source: thesaigontimes.vn)
http://fpts.com.vn/en/news/domestic-...0/03/3b9c680e/
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Old July 24th, 2010, 04:35 PM   #3
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