Hongkong Land announced the appointment of Coteccons as the main contractor for its latest luxury residential development, The Marq. The signing ceremony between the Developer and Coteccons “The Marq continues to represent our trademark quality being implemented in the Vietnamese property market,” Robert Wong, chief executive of Hongkong Land, said. “We have decided to bring not only luxury branded materials, equipment and appliances to The Marq but also the highest quality of construction work, done by one of the most reputed main contractors in Vietnam. “It also demonstrates that we are building not just luxury condominiums, but also inspired living spaces, introducing unparalleled elegance, style and grandeur to our discerning customers.” Over 15 years of working in the construction industry, Coteccons has built an impressive track record, constructing a range of properties from commercial complexes to luxury housing. Speaking … [Read more...] about Hongkong Land signs up Coteccons as main contractor for The Marq
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Hongkong Land appoints Coteccons as main contractor for The Marq
Hongkong Land announced the appointment of Coteccons as the main contractor for its latest luxury residential development, The Marq. The signing ceremony between Hongkong Land and Coteccons “The Marq continues to represent our trademark quality in the Vietnamese property market,” said Robert Wong, chief executive of Hongkong Land. “We have decided to bring not only luxury branded materials, equipment, and appliances to The Marq but also the highest quality of construction work, conducted by one of the most reputable main contractors in Vietnam. It also demonstrates that we are building not just luxury condominiums, but also inspired living spaces, introducing an unparalleled elegance, style, and grandeur to our discerning customers.” With 15 years of working experience in the construction industry, Coteccons has built an impressive track record, from commercial complexes to luxury residential projects. Addressing the signing ceremony, Coteccons … [Read more...] about Hongkong Land appoints Coteccons as main contractor for The Marq
The Marq – Vietnam’s ultimate luxury residential destination to be launched
The lauching of The Marq - a luxury residential high-rise building will offer customers an ideal selection with stunning views of Ho Chi Minh City and a true luxury lifestyle. The Marq offering stunning views of Ho Chi Minh city and a true luxury lifestyle for discerning investors Hongkong Land and Hoa Lam Corporation announced the launch of The Marq, which will be openned for sale in the first half of 2019. Located in the heart of District 1, the development will provide 515 opulent residences comprising one- to four-bedroom condominiums and penthouses. The Marq is Hongkong Land’s second residential development in Vietnam, located in a prime location in District 1. Hoa Lam Corporation has been a major player in various industries including banking, healthcare, and real estate since 1988. Phan Viet Hung, chief finance officer of Hoa Lam Corporation, said, “Hoa Lam is honoured to enter into this strategic partnership with such a highly regarded property developer. … [Read more...] about The Marq – Vietnam’s ultimate luxury residential destination to be launched
BUSINESS IN BRIEF 28/3
Fate of Ban Phuc Nickel remains murky The fate of Ban Phuc Nickel mine invested by Ban Phuc Nickel Mines Limited Liability Company (BPNM) remains uncertain. A representative of the Son La Department of Industry and Trade told VIR that the mine’s operation has been suspended since October last year. To date, the department has yet to receive any specific plans to resume the mine’s operation from the investor. Previously, in October 2017, BPNM officially decided to suspend the operation of Ban Phuc Nickel mine until September 30, 2018 due to the company’s massive losses. In 2007, Asian Mineral Resources Limited (AMR), a global mining group listed on the bourse in Toronto, Canada, was granted the licence to exploit and process ores in the Ban Phuc nickel ore mine, which has a reserve of more than 200,000 tonnes of nickel and 18,000 tonnes of copper. According to the initial plan, AMR will co-operate with domestic enterprise Son La Mechanical Engineering JSC to establish … [Read more...] about BUSINESS IN BRIEF 28/3
CII sets up targets for Thu Thiem River Park
Ho Chi Minh City Infrastructure Investment JSC (CII) targets to open the mock-up unit of the $400-million Thu Thiem River Park complex in April this year. According to the latest statement from CII, the detailed zoning of this project will be approved by March 30, 2018. CII aims to start the construction of Thu Thiem River Park within the year By September 30 this year all the documents of the project will be completed and the project will be started right away. The project will also launch sales from October this year and will be completed in December 2021. Located at Thu Thiem Urban Area in District 2 of Ho Chi Minh City, Thu Thiem River Park is developed by CII and Hongkong Land. The project will provide around 1,140 units, including luxury apartments, sky villas, and garden apartments, and was designed and arranged intelligently with a variety of unit sizes ranging from one to four bedrooms, and scenic views on the Saigon River and surrounding green areas. Further … [Read more...] about CII sets up targets for Thu Thiem River Park
2018 promising for foreign property investors
Last year saw a lot of merger and acquisition (M&A) activities in the Vietnamese property sector, with transactions totalling US$1.5 billion and the participation of many major foreign players.— Photo vneconomy.vn Last year saw a lot of merger and acquisition (M&A) activities in the Vietnamese property sector, with transactions totalling US$1.5 billion and the participation of many major foreign players. One of the biggest locations was Thu Thiem, the new urban development area in HCM City, that saw a number of high-profile deals including one jointly by Hongkong Land (HKL) and Ho Chi Minh Infrastructure Investment Joint Stock Company (CII). In December last year they signed a contract to jointly develop Thu Thiem River Park in the Thu Thiem New Urban Township, District 2. The project will provide around 1,140 units including luxury apartments, sky villas and garden apartments; designed with a variety of unit sizes ranging from one to four bedrooms, and enjoying the … [Read more...] about 2018 promising for foreign property investors