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.
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.
the project is scheduled to begin in early 2011 and complete after 30-36