Business
Vietnam to build second tallest tower in Asia
  • | dtinews.vn | July 21, 2010 05:15 PM

The PetroVietnam Construction Joint Stock Corporation (PVC) is planning to build a 528-m tower, the second tallest building in Asia after the Buri Dubai Tower in the United Arab Emirates (UAE).

The project is estimated to cost 1.2 billion USD which will be contributed by PVC, its parent company the Vietnam National Oil and Gas Group (PVN), the Ocean Group and the real estate developer SSG Group, PVC Chairman Trinh Xuan Thanh said.

The 102-storey PVN Tower will sit on an area of 25 hectares in Me Tri commune in Hanoi ’s outlying district of Tu Liem. It will feature trade centres, offices for lease and apartments.

Thanh said that the company will select one of the world’s three most famous architects to build the tower.

The architects include Argentina’s Cesar Pelli who designed the Petronas Twin Tower (452 metres high) in Malaysia, Adrian Smith from the US with the world’s tallest building the Dubai Tower (828 metres high) and Australian Karl Fender with Eureka Tower.

The selection of the chief architect will be concluded in August. Construction of the tower is expected to start in early 2011 and to be completed in two to three years.

 

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