Phu Cuong Group and Lotte E&C signed a strategic cooperation agreement
2018-08-11

Phu Cuong Investment Joint Stock Company and Lotte Construction and Engineering Co., Ltd. have just held a signing ceremony - Announcement of strategic cooperation in developing housing and commercial service projects in Vietnam.

At the ceremony, besides signing a bilateral cooperation agreement, the two companies also signed a shareholder contract for the pilot implementation of the first apartment project in Thanh My Loi Ward, District 2, Ho Chi Minh City. This event is expected to pave the way for strong development of new projects in the future for the bilateral cooperation between the two companies.

Thanh My Loi Apartment Project (District 2, Ho Chi Minh City) owns an extremely favorable location, adjacent to the Saigon River with a riverside walkway, about 500m from the administrative center of District 2, is a 25-storey construction with two buildings. Internal space of the apartment integrated with an open architectural system plus a convenient location, therefore it will enjoy the cool fresh air, with full services and utilities for residents including podium shophouses, a lake and a swimming pool with overflowing waterfall as well as gym area... The project will provide 751 apartments in high-end segment with a total investment of more than 1,500 billion VND.

The developer wishes to bring customers the oppotunity to experience and enjoy the new breeze of the apartment with the design of a cool, modern space and outstanding safety. Customers can easily connect to many convenient services around the project with a fairly close distance: Pearl Plaza, District 1, Phu My Hung, Long Thanh Airport, Tan Son Nhat Airport, Cat Lai Port, Vinmec International Hospital, Vinschool International School, Metro Line Station...

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Signing ceremony between Hau Giang Company and Lotte E&C

Ms. Nguyen Thi Ngoc Nhu - President and General Director of Hau Giang Commercial Construction Investment Joint Stock Company, a subsidiary of Phu Cuong Group, who signed a Shareholder Contract with Lotte E&C - shared that: “I believe that with Lotte's brand and capacity as well as the prestige and experience of Phu Cuong Company in Vietnam, it will be able to compete and develop a strong commercial real estate industry in Vietnam. At the same time, today, Phu Cuong and Lotte signed a contract to pilot the first project in Thanh My Loi Ward, District 2, HCMC to pave the way for strong development of new projects between the two companies, not only in the field of real estate but also in other fields such as hospitality and tourism..."

The leaders of the two companies also hope that this cooperation will be in line with the development orientation of the Vietnamese government on the goal of world trade integration, calling for large-scale, high-tech foreign investors to make Vietnam one of the leading economic development countries in the region and reach out to the world.

(congly.vn)

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