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Vietnam to build second tallest tower in Asia

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

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

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

Construction ofthe project is scheduled to begin in early 2011 and complete after 30-36months./.
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