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Property

HBC picks up two projects worth $48.82 million

Released at: 18:33, 29/03/2016

HBC picks up two projects worth $48.82 million

Hoa Binh Construction and Real Estate Corporation has a memorable March 29, winning new projects in Hanoi and HCMC.

by Nam Phuong

The Hoa Binh Construction and Real Estate Corporation (HBC) was selected on March 29 as the general design and build contractor for the CT2 condominium project in Hanoi’s Hoang Mai district, with a contract value of VND730 billion ($32.72 million).

Gamuda Land Vietnam is the project investor. Construction is in an L-shape, with a basement, a 30-floor block and a 27-floor-block with 550 apartments, and a shopping center. The project features many hanging gardens as green space.

The project is expected to be completed by February 2018 and is the third cooperative project between HBC and Gamuda Land Vietnam.

On the same day the Hoa Lam - Shangri-la 2 LLC announced that HBC had been selected to build its hospital in Binh Tan district, Ho Chi Minh City, with a contract value of over VND360 billion ($16.13 million). The hospital has an area of 1.5 ha with ten floors and 351 beds for cardiology, orthopedic, neurological, and endocrine treatment. It will be completed within 13 months.

HBC was also recently appointed as design and build contractor for a project to build a residential area for employees of the Formosa Ha Tinh Steel Corporation in northern Ha Tinh province, worth VND310 billion ($13.89 million).

  • TAGS
  • Hoa Binh Construction and Real Estate Corporation
  • HBC
  • Gamuda Land Vietnam
  • Hoa Lam

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