Vietnam to Have World's 17th Tallest Building

Keangnam Vina Company under South Korea’s Keangnam Group August 25 kicked off construction of a 70-storey tower in Hanoi, making it the tallest building and the 17th tallest in the world, state media reported.

 

Keangnam Hanoi Landmark Tower, 336 meters in height and located at Pham Hung street, is part of the group’s US$1.05 billion hotel-office-trade center complex in the city.

 

The construction of two other separate buildings of 47 storeys each in the project also started on the same day.

 

The 46,000 square meter project is hoped to help ease Hanoi’s high-end hotel and apartment shortages, said the group’s chairman Sung Woan Jong.

 

The complex is expected to be completed to mark the 1,000th birthday of Thanh Long-Hanoi in 2010.

 

The Vietnamese government will fully support the Keangnam group’s project and also welcomes other projects from South Korea, said Prime Minister Nguyen Tan Dung August 24.

 

The government leader pledged at his reception August 24 for South Korean National Assembly Deputy Speaker Lee Yong-hee and a delegation of South Korean businessmen that arrived in Vietnam for a ground-breaking ceremony for the Keangnam group’s building. (Vietnam Economic Times)