Lotte Group (Korea) held a groundbreaking ceremony for the smart complex Lotte Eco Smart City Thu Thiem in the afternoon of September 2 in Thu Thiem new urban area (HCMC) with a total investment of about 20,100 billion.
Lotte Eco Smart City Thu Thiem is located in functional subdivision 2A (yellow part), the "core" location of Thu Thiem new urban area - Photo: NGOC HIEN
Speaking at the groundbreaking ceremony of the project located in the "golden" land in Thu Thiem new urban area, Mr. Shin Dong Bin - chairman of Lotte Group - mentioned that the project has a large construction scale, including hotels, residential area, commercial area, etc.
According to Mr. Shin Dong Bin, this year marks the 30th anniversary of the establishment of diplomatic relations between Vietnam and Korea, so the project will be the starting point for Lotte's upcoming investment expansion activities in Vietnam.
At the groundbreaking ceremony, Lotte Group revealed that Lotte Eco Smart City Thu Thiem brings a new look to Thu Thiem new urban area, the new CBD of Ho Chi Minh City.
Accordingly, the project has the size of more than 50,000m2, with 5 basements, 60 upper floors, total floor area is 680,000m².
Notably, Lotte Group said that the design of Lotte Eco Smart City Thu Thiem was inspired by the natural wonders bestowed on Vietnam, including the beauty of Ha Long Bay and terraced fields, in order to create Ideal space, harmony between people and nature.
Lotte Eco Smart City Thu Thiem is a multi-functional residential and commercial project, invested by Lotte Group (Korea). Above is the master plan of the project announced at the groundbreaking ceremony - Photo: LOTTE
Speaking at the ceremony, Chairman of Ho Chi Minh City People's Committee - Mr. Phan Van Mai, said that the approved smart complex project in functional area 2A is one of the key investment projects of Thu Thiem new urban area. This is a large-scale project with a total investment of about VND 20,100 billion.
The early implementation of the project will contribute to the formation and development of a financial - banking, commercial and service center in Thu Thiem new urban area.
The Chairman of the People's Committee of Ho Chi Minh City suggested that Lotte Group strictly comply with the commitments committed with Ho Chi Minh City in the implementation of the project. At the same time, Mr. Mai suggested Lotte to ensure the capital source for the project implementation and to focus the highest resources to complete the project in the best way, ensuring to meet the progress requirements according to the quality and aesthetics of the project in accordance with the approved plan.
Ngoc Hien (nhadat.tuoitre.vn)