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Hoa Binh Construction (HBC) wins bid for nearly VND1,900 billion project 

 Saturday, November 9,2024

AsemconnectVietnam - On October 29, 2024, Hoa Binh Construction Group Joint Stock Company (HBC - HOSE) won the bid for the Eaton Park project worth nearly VND1,900 billion invested by Tam Luc Real Estate Joint Stock Company under Gamuda Land Group.

Eaton Park is located in a prime location on Mai Chi Tho Street, adjacent to Thu Thiem urban area, Thu Duc City, Ho Chi Minh City with a total area of over 3,769 hectares with 6 towers from 29 to 41 floors including apartments from 1 to 3 bedrooms, commercial shophouses with smart design and diverse utilities.
Hoa Binh Construction Group has surpassed many big competitors to win the bid for the body, finishing, and electromechanical package phase 1 of the Eaton Park project with a package value of nearly VND1,900 billion.
Sharing about this, the representative of Hoa Binh contractor said that Hoa Binh is always committed to safe construction, achieving quality and progress according to the set requirements. Everything is carefully and meticulously crafted so that when handed over to customers, it will be the satisfaction of a classy and convenient place to live.
With the highlight of Biophilic design (biological design), Eaton Park not only simply brings fresh green spaces but also recreates the feeling of nature right next to it, so that future residents can feel through multiple senses in a natural environment, creating closeness, connection, bringing a feeling of relaxation and peace to the living space. Every small detail is taken care of, showing the meticulousness and investment of a future project. A huge difference in the project is the outstanding handover standard.
Hoa Binh and Gamuda Land have been together for more than a decade, from the Ruby project in November 2011, to a series of projects with two major projects Celadon City (HCMC) and Gamuda Garden (Hanoi), and most recently, Hoa Binh handed over Celadon Centery (part of the Celadon City metropolis) to Gamuda Land in accordance with the committed standards, especially Gquas - a separate standard for most projects implemented by Gamuda Land with very high and strict requirements on quality.
Also in October, Hoa Binh announced that it had won the bid for the Phu Quoc Park project in Phu Quoc City, Kien Giang Province, a project invested by BIM Group. Accordingly, Hoa Binh is the main contractor for construction items such as structure, architecture, MEP, paving stones, walkways, sports fields, decorative components, etc.
Thus, after being granted a regular credit extension with a maximum amount of VND4,000 billion from BIDV, as well as making a profit again in the 2024 semi-annual financial report, Hoa Binh Construction is gradually regaining its position. The difficulties have gradually passed and Hoa Binh is returning to the race with the industry giants with new packages, promising a brighter future for the Group.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
 

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