The Swiss Belresort Nha Trang – a complex of hotel, villas and condotel – spreads over 30ha of land in the North Cam Ranh tourist site in Cam Lam district. It has a total investment of VND2,100 billion (nearly US$92.2 million), with VND1,000 billion to be disbursed in the first phase for the building of 171 villas, restaurants, swimming pools and technical infrastructure. The Hoa Binh group will start construction work in the first phase of the project at the end of February. One day earlier, the group also inked two contracts with a total value of VND110 billion (US$4.8 million) for the construction of the foundation and basement of the Hoang Cau office and commercial complex in Hanoi’s Dong Da district and the structure of the office building at No. 198 Tran Quang Khai street in Hanoi’s Hoan Kiem district. Founded in 1987, the Hoa Binh Construction Group JSC is a holding company which engages in industrial and civil construction services. It is based in Ho Chi Minh City.
Vietnam-Born bidder wins billion-dollar contract in U.S. Reported by Pham Le California Waste Solutions (CWS) has won a decisive campaign against its rival, Waste Management Inc., the largest waste treatment company in the U.S. The prize is a package worth US$2.7 billion, which allows CWS to manage waste collection and disposal for the Californian city of Oakland for 20 years. The Saigon Times interviewed CWS General Director David Duong on his winning of this package as well as implementation of projects in Vietnam. Q: Could you elaborate on this US$2.7-billion package? How long did it take for you to win…... [read more]
The irresponsibility of Chinese contractors caused thelong delay in the construction of the multimillion-dollar Thuong Kon TumHydropower Plant, located in the Central Highlands province of Kon Tum. According to newswire Dantri, the project’s construction, invested byVinh Son Song Hinh Hydropower JSC (VSH), was kicked off in lateSeptember 2009 with the total investment capital of VND5.74 trillion($252.86 million). The project was developed by a Chinese joint-venture contractorconsisting of Hydrochina Huadong Engineering Corporation and ChinaRailway Construction Co., Ltd. The date to develop the tender is 42 months. However, duringconstruction, the contractors repeatedly demanded additional expensesracking up to VND800 billion ($35.2 million), which…... [read more]
Hoa Binh Corp. starts work on two projects By Quoc Hung - The Saigon Times Daily HCMC – Hoa Binh Construction and Real Estate Corp. (HBC) on Monday kicked off construction of a residential project in Tan Phu District and an office building in District 3. HBC will first start the construction of blocks A and B of Celadon City residential project, including 1,448 apartments, a convenience store and basements, in 23 months. This package costs some VND800 billion. This 82.5-hectare Celadon City project, developed by a joint venture between Sai Gon Thuong Tin Real Estate Co. (Sacomreal) and Gamuda…... [read more]
Hoa Binh wins bid to build 45-floor tower Hung Le By Hung Le - The Saigon Times Daily An artist’s impression of the Saigon Center project – Photo: Quoc Hung HCMC – Hoa Binh Construction and Real Estate Corporation has won a bid to develop the second phase of the Saigon Centre complex in HCMC’s District 1. Hoa Binh surpassed some giant partners from South Korea to win this huge contract for the project at 92-97 Nam Ky Khoi Nghia Street. The firm will construct and finish infrastructure of the building comprising six basements, six floors of the podium and…... [read more]
Hoa Binh Corp. helps build social shelter in Dak NongHung Le Hoa Binh Construction and Real Estate Corporation late last week donated VND5 billion to Maison Chance, a shelter for orphans, street children, disadvantaged people and the physically handicapped in Vietnam, in an effort to join hands to build a social protection center in the Central Highlands province of Dak Nong. The project, which started construction in May last year, remains unfinished due to a lack of funding for completing the upgrade of a school area, vocational training zone, and a dwelling house. When in place, the center in Dak…... [read more]
