With a total floor space of 77,000 square meters, the tower is expected to come into service in June of 2013. It will become Vietcombank HCMC Branch Headquarters (some 40% of its area) and a Grade A high-rise office building with 35 floors and a four-level basement.
The investment is estimated at US$96.5 million, almost US$41.5 million higher than originally planned in April of 2005. The venture licensed by the Ministry of Planning and Investment in 2005 has registered capital of US$55 million, with 52% of it held by Vietcombank, 30% by Bonday and the rest by BenThanh.
The architecture is designed by Pelli Clarke Pelli Architects Inc., structure design by Meinhardt Thailand and M&E design by EEC Lincolne Scott and local architect A.T.A, according to the joint venture.
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