» » » PVC officially announces the proposed architecture of PVN Tower

VNRE - Today, PetroVietnam Construction Joint Stock Corporation (PVC) held a ceremony to announce and award winning of the architectural design competition for PVN Tower project.


The jury of the contest decided to award first prize worth 50 thousand dollars for Pelli Clarke Pelli Architects Company - U.S., second prize worth 30 thousand dollars for Fender Katsalidis Architects (FKA) - Australia and third prize worth 20 thousand dollars for the joint venture of PCIC - Codinachs (Spain) and Nikken Sekkei Co. - Japan.

According to organization board, the contest plans are to ensure criterias that the competition proposed, namely: harmonious, highclass, efficiency, symbolic, feasibility of the technical of building.



With winning plans, PVC will be given priority in talks to sign a contract in order of First, Second, Third. Mr.Vu Duc Thuan, General Director of PVC, said PVN Tower project will be adjusted down to 79 storeys in comparision with originally planned as 102 storeys. The project is designed to withstand earthquakes level 7th. Total capital investment of 600 million USD and won't use sources from State budget and Vietnam National Oil and Gas group.

Accordingly, PVC and other members will take 15% of capital and invite some foreigners to work together, towards the foreign partners to hold controlling shares. PVC is currently in negotiations with a number of the group as Hyundai, Samsung of Korea for financial arrangements. According to Mr.Vu Duc Thuan, PVC will increase its chartered capital from 2000 billion to 5000 billion VND, while the capital of the Vietnam National Oil and Gas Group in PVC will withdraw to 20% instead of 40% today.

PVN Tower will be built on 25 hectares of land in Me Tri commune, Tu Liem district, Ha Noi for business in the areas of office, commercial centers, hotels, apartment... maximum height of 500m. The building will bring the international symbol for Vietnam's oil and gas industry.

Second Prize: Fender Katsalidis Architects (FKA) - Australia


Third Prize: PCIC - Codinachs (Spain) and Nikken Sekkei Co. - Japan.

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