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Vimeco assigned to be contractor of North An Khanh urban area project-1st phase Print E-mail
Written by Administrator   
Monday, 04 October 2010
Vietnam Construction Import-Export Joint Stock Corp (Vinaconex - coded VCG) has issued Decision No 0628/2010/QD-XD dated Sep 18, 2010 about assigning Machinery Erection and Construction Joint Stock Co (Vimeco - coded VMC) as the general contractor for building the infrastructure facilities in North An Khanh urban area project - the first phase. Vimeco will take responsibility for setting up the traffic roads, green park, lighting system, water supplies and drainage system, electricity and communication network for the new urban area with total investment value of 563.88 billion dong.

North An Khanh or Splendora new urban area was a co-project between Vinaconex and South Korea's Posco E&C Co. The project has total investment capital of $2.57 billion, to be built in an area of 264.13 hectares in four communes of An Khanh, Lai Yen, Song Phuong and Van Chan, Hoai Duc Dist, Hanoi.

The total investment capital for setting up technical infrastructure facilities was estimated at about 1.65 trillion dong.

The first phase of the project was expected to be completed in 2012.
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