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The construction project of the 48-storey Vien Dong Meridian Tower is slated to be officially started by the end of July. The project, with total investment of $180 million, will be located at No 84 Hung Vuong St, Hai Chau Dist, Da Nang City.


The project's investor is Vien Dong Real Property Joint Stock Co (Viendong Land). Other capital contributors include Vien Dong Investment Consultancy and Technology Transfer Joint Stock Co (under Vien Dong Corp), Trung Nam Investment and Construction Joint Stock Co (Trung Nam Group) and Sagon Telecommunication Joint Stock Co (Saigontel).

Vien Dong Meridian Tower will be the highest building in the central region with the total height of 220 metres. In the building, there will be high class trading zones, international conference centres, four-star hotel, luxury apartment and Grade A offices.

The basements of the tower will be connected with the project of Vien Dong Public Park and Underground Parking Areas in front of the tower. The green land project include three basements, in which two bottom basements are parking areas and the top basement was for trading area. VienDong Land is also the major investor for this project.

The company signed a contract for design consultancy with Mooyoung A&E Co (South Korea) with the total contract value of $10 million and a 600 billion credit agreement with Bank for Investment and Development of Vietnam (Bidv) – Bac Saigon Branch.

Accor Group will take responsibility for hotel management work of the hotel with about 300 rooms, and Savills Group (Britain) for business consultancy.

Source: CafeF

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