Hoa Binh Corporation has just disclosed that it attained four packages worth VND900 billion (US$39.7 million), two of which accounts for VND423billion (US$18.6 million) and are invested by Sun Group.
In addition, Hoa Binh is assigned by Cityland Real Estate Investment Co., Ltd to construct the structure of CH2 apartment complex under the project of Zone B&D – CityLand Z751 Residential. The total value of the package is VND 275 billion (US$12.1 million).
Hoa Binh is also selected as the main contractor by Thanh Do IDC., JSC to execute the reinforced concrete work and plastering of COR3 condotel under Cocobay Tourism and Entertainment Complex in Da Nang city. The package is valued at about VND220 billion (US$9.7 million).
This week, Hoa Binh announced that it has been awarded three other packages worth VND580 billion (US$22.5 million). The two small-scale packages worth VND110 billion (US$4.85 million) were signed with the two companies, namely Tan Hoang Cau JSC and Hoang Ngan Trading and Travel Co. Ltd.
Notably, the VND470-billion (US$20.7 million) package was signed between Hoa Binh and Cam Lam Investment Limited Company for the construction of the Swiss-Belresort Nha Trang project. Hoa Binh is appointed the main contractor to construct the structure and interior finish for 171 villas, the central swimming pool, dolphin swimming pool and technical infrastructure.
The 31-ha Swiss - Belresort Nha Trang project is a complex of hotels located in Northern Cam Ranh Peninsula Tourist Area, Cam Lam district, Khanh Hoa province. The project has a total investment of about VND2.1trillion (US$92.6 million) and is divided into two phase.
Phase 1 will conduct the construction of technical infrastructure, 171 villas, restaurants and swimming pools with investment capital of about VND1 trillion (US$44.1 million). In phase 2, condotel blocks will be constructed with estimated investment capital of VND1.1 trillion (US$48.5 million).
Previously, Hoa Binh was the main contractor of the 5 - star Riviera Residences & Resort in Cam Ranh, Khanh Hoa.